SEBI Greenlights Kuku Technologies’ ₹3,500 Cr IPO

•SEBI approved Kuku Technologies' ₹3,500 Cr IPO after receiving its confidential DRHP in June.

•The IPO could value Kuku at ₹15,000 Cr and consists of a fresh issue and offer-for-sale component.

•Kuku plans to use the funds for tech upgrades, AI infrastructure, content production, and geographic expansion.

•The startup has raised over $156 Mn from investors like Fundamentum Partnership and Krafton.