Liquidity Events
3one4 Capital partially exits audio content platform Kuku FM with 90% IRR
Venture capital firm 3one4 Capital has partially exited audio OTT firm Kuku FM via its Series C funding round. The partial exit generated an internal rate of return (IRR) of about 90%.Kuku FM closed its Series C round at USD 85 million in October, from Granite Asia, Vertex Growth Fund, International Finance Corporation, Paramark and Tribe Capital India, among others.Kuku FM offers a variety of audio content, such as audiobooks, stories and courses through its mobile app and website. Overall, it has raised over USD 156 million in capital over seven funding rounds since inception.
Between Sep 2018 and Oct 2025, KuKuFM had attracted about USD 157 M from Bitkraft, Granite Asia, IFC, Krafton, Paramark Ventures, Tribe Capital, Vertex, 3ONE4 Capital, FounderBank Capital, Fundamentum, KB Investment and others.
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