Homegrown Social Media Platform, Koo In Talks With Investors To Raise More Funds In Three-Four Months

Homegrown social media platform Koo is in discussions with several investors to raise more funds to fuel further growth and expansion, reports The Economic Times.

Founded by Aprameya Radhakrishna, the Twitter rival had in the bygone February raised $4.1 million from a clutch of notable investors like Accel Partners, Kalaari Capital, Blume Ventures, Dream Incubator, and 3one4 Capital. So far, the platform has raised a total of $10 million in total.

Radhakrishna also emphasised, “Koo is a social media platform, which needs to be built over the next decade or so. We will have stages of raising money and different amounts at different stages based on our performance.”

Having seen a spurt in adoption over the recent months, Koo has seen its user base surge to about six million.