Indian social media platform Koo, which aimed to rival Elon Musk’s X, is shutting down after last-resort acquisition talks with Dailyhunt collapsed. Despite raising over $60 million from investors like Accel and Tiger Global, Koo struggled to expand its user base and generate revenue.
Initial interest surged during a clash between Twitter and the Indian government, positioning Koo as a compliant alternative. However, the startup faced challenges securing partnerships due to the volatile nature of user-generated content.
Prolonged funding difficulties ultimately led to Koo's closure, highlighting the dominance of established American social media platforms in the Indian market.
NEWS Source:- [ Ссылка ]
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Company Profile:-
Founded:- 2020
Industry: Apps, Internet, Social Media, Software
Location:- Bangalore, Karnataka, India
Total Funding:- NA
Company Stage:- NA
Founders:- Aprameya Radhakrishna, Mayank Bidawatka
Website:- www.kooapp.com
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