VC Fund Investments
Social media app Koo raises $6.3 M co-led by Tiger Global, Accel
Bengaluru-based social media app Koo has raised INR 51.08 crore (USD 6.3 million) in a new round co-led by Tiger Global and Accel Partners with the participation of Kalaari Capital, 3one4 Capital, and Dream Incubator. Tiger Global and Accel Partners have co-led the funding round with INR 16.47 crore each. Kalaari Capital and 3one4 Capital invested INR 8.24 crore each followed by Dream Incubator which infused INR 1.65 crore. The fresh funds will be used for growth, expansion and marketing. Founded in 2020, Koo is a multi-lingual microblogging platform that allows users to interact via text, audio, and videos. It also allows influencers to connect with their community and have conversations with their fans. Earlier this year, Koo raised USD 10 million from Capier Venture Partner, Ravi Modi Family Trust, Ashneer Grover, and others.
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