Dailyhunt in talks to acquire social media platform Koo yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
While Koo claims it came close to beating X (formerly Twitter) in India within six months, the current market conditions have now forced it to explore strategic partnerships or funding. What led the company into this predicament? Heres the story, pieced together from conversations with industry insiders, brands, users, and digital-marketing executives.
BENGALURU: Koo, the homegrown microblogging alternative to X, is seeking fresh funding or a strategic partnership to stay the course amid a funding wi.
Koo Mayank Bidawatka: The Bengaluru-based firm had to move from growing rapidly to cutting down on growth and proving unit economics, all within six months of revenue experimentation.
Koo, India's alternative to Twitter, is looking to find a strategic partner with a "distribution strength" as it enters its "next phase," according to its Koo, India's alternative to Twitter, is looking to find a partner with a "distribution strength" as it enters its "next phase."