Koo Raises $4.1 Mn As Part Of Series A Funding
Koo, India’s own microblogging app, has raised $4.1 million as part of its Series A funding. Infosys veteran Mohandas Pai’s 3one4 Capital is the latest addition to the investors on board. Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also participated in the round.
Aprameya Radhakrishna, Co-Founder and CEO, Koo, said: “Existing microblogging platforms have not been able to grow beyond the English-speaking population. Koo enables free expression of thoughts and opinions for every Indian irrespective of the language preference. Koo will amplify the daily voices of India on an Indian platform.”
Anurag Ramdasan, Principal, 3one4 Capital, said: “Koo is a very valuable and powerful platform in the Indian context. Social platforms focused on India need to be highly contextualised to the audience here beyond languages and must include community, moderation and content relevance. Both Aprameya and Mayank are proven entrepreneurs and have built large internet businesses before. We are happy to partner with them to make this atmanirbhar vision become a reality and to build sustainable and socially relevant platforms.”
Koo is a microblogging site for opinions voiced in Indian languages. Aligning with Prime Minister Modi’s vision of an Atmanirbhar Bharat, it creates a trusted local space for Indians to connect, comment and engage, making it a people-first platform. The app facilitates active conversations as creators can express themselves and users can follow creators of their choice to create a customised feed. It is a one-of-its-kind platform that resonates with the voices of Indians.