India’s Kuku snags $85M as mobile content wars intensify

Kuku, an Indian mobile content startup, has secured $85 million in funding as the competition in the mobile content industry intensifies. The company plans to use the capital to expand beyond India, with a launch in the U.S. market scheduled for next year. Kuku offers a range of mobile entertainment content, including short-form videos, games, and other digital experiences. The company has seen significant growth in India, where it has established a strong user base. The funding round was led by a group of international investors, indicating the growing interest in the Indian mobile content market. Kuku's expansion plans reflect the company's ambition to capitalize on the global demand for engaging digital content on mobile devices. The mobile content industry is experiencing a surge in activity, with numerous players vying for market share. Kuku's ability to secure substantial funding highlights the industry's potential and the investors' confidence in the company's ability to compete in both the Indian and international markets.