Koo has revealed that it has clocked 50 million downloads with a significant uptake in users, time spent and engagement since January this year.
there were more than 7,500 high-profile people, millions of students, leaders, teachers, poets, writers, actors, entrepreneurs, artists, etc. actively posting in their native languages.
Radhakrishna said that the company will continue to invest in technology and continue to build the platform with a user-first mindset. 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.