Twitter rival Koo surpasses 50 mn downloads
New Delhi
02-November-2022
Homegrown micro-blogging platform Koo on Wednesday said it has clocked 50 million downloads with a significant uptake in users, time spent and engagement since January this year.
According to the platform, there are more than 7,500 high-profile people, millions of students, teachers, entrepreneurs, poets, leaders, writers, artists, actors, etc. actively posting in their native languages.
"This validates the demand for a multi-lingual social network built with an India-first product mindset of seamlessly including language speaking Indians in daily thoughts sharing," said Aprameya Radhakrishna, CEO and Co-founder, Koo app.
"Our rapid growth and adoption is a testimony to the fact that we are solving a problem faced by a billion Indians," he added.
Koo was launched in March 2020 as a multi-lingual micro-blogging platform.
Radhakrishna said that the company will continue to invest in technology and continue to build the platform with a user-first mindset.
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Koo is backed by Tiger Global and early stage investors like Accel, Kalaari Capital, Blume Ventures and Dream incubator.
In February this year, Koo raised $10 million through Indian family offices.
The investors included Capsier Venture Partner, Ravi Modi Family Trust, Ashneer Grover, FBC Venture Partners, Adventz Finance etc, according to regulatory filings. - IANS
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