Chinese Investment In Koo 'Clean-Bowled': Eminent Investors Including Javagal Srinath To Buy Out Shunwei Stake

Chinese Investment In Koo 'Clean-Bowled': Eminent Investors Including Javagal Srinath To Buy Out Shunwei Stake
Koo
A team of investors which includes former Indian Cricketer Javagal Srinath have bought out the stake of Chinese venture capital firm Shunwei Capital in Made-In-India micro-blogging platform Koo,
Economic Times has reported.
Shunwei, decided to give up its 9 per cent minority stake in Koo's parent company Bombinate Technologies, amid criticism of a Chinese stake in which has been dubbed as a homegrown rival to Twitter. It has now fully exited the company.
In February, Koo's founder and CEO Aprameya Radhakrishna had assured that the company was in talks with Shunwei to exit Koo.

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