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.
Koo s Chinese investor Shunwei Capital exits firm
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Chinese investor Shunwei leaves Koo - Times of India
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Shunwei Capital exits Bombinate Technologies, parent company of Vokal & Koo
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