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Aprameya Radhakrishna and Mayank Bidawatka need a break. Life has been very busy for the two co-founders of Koo since the middle of February. Launched in March 2020, Koo, a vernacular-focussed microblogging platform on the lines of Twitter—which is funded by venture capital heavyweights like former Infosys CFO T.V. Mohandas Pai’s 3one4 Capital and Kalaari Capital, among others—took off in February thanks to a tussle between Twitter and the Indian government. The government had wanted the microblogging giant to block certain accounts, which the latter had initially refused to comply with.
Since then, many high-profile ministers tweeted that they have logged in on Koo, a microblogging platform which lets users choose from a wide array of Indian languages. This has led to an over 20-fold rise in daily users, the latest estimates say.
If that wasn’t enough to keep the co-founders busy, they’ve had to deal with alleged privacy issues (which they have since denied) and criticism that one of the investors in the parent company, Bombinate Technologies, was China-based Shunwei Capital. Finally, in mid-March, Shunwei sold its minority stake, which was acquired by former Indian cricketer Javagal Srinath, BookMyShow founder Ashish Hemrajani, Udaan co-founder Sujeet Kumar, Flipkart CEO Kalyan Krishnamurthy, and Zerodha co-founder Nikhil Kamath, among others.
Diese Geschichte stammt aus der April 2021-Ausgabe von Fortune India.
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Diese Geschichte stammt aus der April 2021-Ausgabe von Fortune India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
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