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Indian social media app Koo, rival to Twitter, permanently shuts down after failed acquisition talks.
Indian social media app Koo, a rival to Twitter, is shutting down permanently after acquisition talks failed.
Founded by Mayank Bidawatka and Aprameya Radhakrishna, Koo had raised over $50 million from investors including Tiger Global, Accel, 3one4 Capital, Kalaari Capital, Blume Ventures, and others.
The co-founders announced the shutdown on LinkedIn, citing unsuccessful acquisition talks with potential buyers.
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La aplicación india de redes sociales Koo, rival de Twitter, cierra permanentemente después de fracasadas negociaciones de adquisición.