Indian twitter rival, Koo which came as a pro India social media app, is shutting down operations, its founder Aprameya Radhakrishna said in a Linkedin post. This came after several rounds of talks of a potential sale and merger wit multiple companies failed. The social media app was backed by Tiger-Global but is now shutting down and its founder said that the running of the app will need more capital when the space is already dominated by a global giant. Koo was valued at $275 after having raised over $66 million from investors like 3one4 capital, Accel and others.
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