Koo is an Indian app: Indian microblogging platform Koo is becoming quite popular these days. But after this came the news that there is the investment of Chinese company in it, on which it also faced a lot of opposition. Now the news has come that the investment of the Chinese company has been bought. Bombin Technologies, the company that owns the app, has informed that its existing investors and some Indians have bought China-based Shunwei Capital’s stake in the company.
Those who bought the stake in Shunwei Capital include former Indian cricketer Javagal Srinath, Bookmyshow founder Ashish Hemrajani, Udaan co-founder Sujit Kumar, Flipkart CEO Kalyan Krishnamurthy and Zerodha founder Nikhil Kamat. The company said that Shunwei Capital had more than nine percent stake in Bombin Technologies.
On the other hand, Javagal Srinath, who bought a share of Shunwei Capital, said, “The thing is that they are creating a platform to bring the voice of Indian-language users on the Internet, which is commendable and as an Indian, I have got them I support you wholeheartedly. ”
Koo CEO and co-founder Unmaye Radhakrishnan said that negotiations were already underway to bid farewell to Shunwei Capital and they have now exited parent company Bombin Technologies completely.
It is noteworthy that Koo has received a lot of discussion after a tussle between the Indian government and Twitter. After this, Koo has been downloaded more than three million times till last month and it has more than 10 lakh active users. Explain that Koo’s investors include Essel Partners, 3 One 4 Capital, Bloom Ventures and Kalari Capitals.
Koo app has become everyone’s first choice
Let us tell you that these days the Koo app has become the first choice of everyone from film stars to politicians. So far, many leaders and actors have created their own accounts on this app, which include the names of people like Kangana Ranaut, Anupam Kher, Piyush Goyal etc. Apart from this, cricketers are also creating their account on this app, which includes the names of people like Anil Kumble and Javagal Srinath.