Google-backed Kuku FM raises $25 million, plans to expand catalog
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Google-backed Indian audio platform Kuku FM has raised $25 million in a Series C funding round led by Fundamentum Partnership, a venture capital firm founded by Indian billionaire Nandan Nilekani. International Finance Corporation, part of the World Bank, and Temasek-backed Vertex Ventures also participated in the round. The start-up, which offers over 150,000 hours of content in various genres and languages, has raised more than $60 million to date.