KOO – Tiger Global Leads $30 Million Investment In Indian Twitter Rival Koo

KOO - Tiger Global Leads $30 Million Investment In Indian Twitter Rival Koo
Photo courtesy: Techcrunch

Investors are backing Koo, an Indian alternative to Twitter, with large size checks at a time when tension is brewing between the American social network and New Delhi.

The Indian startup said on Wednesday it has raised $30 million in a financing round led by Tiger Global Management. Several prominent government officials — including Commerce Minister Piyush Goyal, Information and Broadcasting Minister Prakash Javadekar, Union Cabinet Minister Smriti Irani, Electronics and IT Minister Ravi Shankar Prasad — and many celebrities have signed up on Koo in recent months and urged their followers to follow suit.

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Read more at: https://techcrunch.com/2021/05/25/tiger-global-koo-app-twitter/

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  • 27 May 2021
  • WerIndia

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