Koo raises $4.1mn as funding

08 Feb,2021

By Our Staff

 

Microblogging platform Koo 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.

Said Aprameya Radhakrishna, Co-Founder and CEO, Koo: “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.”

Added Anurag Ramdasan, Principal, 3one4 Capital: “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.”

 

 

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