According to Kamath, the basic knowledge about investment, saving, insurance, retirement planning, etc. during school time becomes helpful throughout the life.
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A flurry of Indian A-list entrepreneurs buyout Chinese investor Shunwei Capital’s stake in Koo – the microblogging site that’s taking on Twitter
A flurry of Indian A-list entrepreneurs buyout Chinese investor Shunwei Capital’s stake in Koo – the microblogging site that’s taking on Twitter
Sanchita DashMar 17, 2021, 15:26 IST
Koo app founders Mayank Bidawatka and Aprameya RadhakrishaKoo
Flipkart CEO Kalyan Krishnamurthy,
Zerodha founder Nikhil Kamath feature in the list of investors that bought out Shunwei Capital’s stake.
Shunwei Capital had held over 9% stake in Bombinate Technologies, the parent company of Vokal and Koo.
Koo, the microblogging platform founded by Aprameya Radhakrishna and Mayank Bidawatka, had seen an upsurge in users after the Indian government’s standoff with Twitter.Bombinate Technologies, the parent company of Vokal and Koo, has shown the door to one of its early investors China’s Shunwei Capital as it rides on the ‘Made in India
Chinese Venture Capital firm Shunwei Capital has exited Bombinate Technologies, the parent company of Koo, after existing investors and a clutch of prominent individuals bought out its minority stake, the company said on Wednesday. Prominent Indians including Former Indian Cricketer Javagal Srinath, BookMyShow Founder Ashish Hemrajani, Udaan Co-Founder Sujeet Kumar, Flipkart Chief Executive Officer Kalyan Krishnamurthy and Zerodha Founder Nikhil Kamath participated in the round to buy out shares of Shunwei Capital. Shunwei Capital had held a little over 9 per cent in Bombinate Technologies. Existing investors along with a bunch of individuals have bought out Shunwei Capital s minority stake in Bombinate Technologies, the parent company of Vokal and Koo, the statement said but did not divulge financial details of the transaction.