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Koo is the only platform which announced that it has adhered with the social media regulations proposed by the Indian government aimed to act against fake news and unverified users. ....
May 26 2021, 10:32 AM May 26 2021, 10:32 AM May 26 2021, 10:32 AM A local alternative for Twitter Inc. has raised $30 million in a growth funding round led by Tiger Global at a time the U.S.-based micro-blogging site is engaged in a clash with the Indian government.The fundraising by Koo also saw participation from other existing investors such as Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator, it said in a statement. While the company didnât disclose the valuation, two people . A local alternative for Twitter Inc. has raised $30 million in a growth funding round led by Tiger Global at a time the U.S.-based micro-blogging site is engaged in a clash with the Indian government. ....
Chinese investor exits Koo parent company | Business News – India TV indiatvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatvnews.com Daily Mail and Mail on Sunday newspapers.
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. ....
Chinese investor exits Koo’s parent company By Mansoor| Published: 17th March 2021 11:31 pm IST Koo App is a social media platform of India, offers micro blogging like Twitter. New Delhi: Existing investors, along with a few prominent Indians, have bought out Chinese venture capital firm Shunwei Capital’s minority stake in Twitter’s homegrown rival Koo’s parent company Bombinate Technologies. Former Indian cricketer Javagal Srinath, BookMyShow Founder Ashish Hemrajani, Udaan Co-Founder Sujeet Kumar, Flipkart CEO Kalyan Krishnamurthy and Zerodha Founder Nikhil Kamat have participated in the round to buy out shares of Shunwei Capital, Koo said on Wednesday. Shunwei Capital had held a bit more than 9 per cent in Bombinate Technologies. ....