Koo raises $30mn; plans to be top player

Mumbai HOMEGROWN micro-blogging platform Koo on Wednesday said it has raised $30 million in Series B funding, led by Tiger Global. Koo has garnered nearly 60 lakh downloads in just a year of operations.

"We have aggressive plans to grow into one of the world's largest social media platforms in the next few years. Every Indian is cheering for us to get there soon. Tiger Global is the right partner to have on board to realise this dream," said Aprameya Radhakrishna, Co-Founder and CEO of Koo. Koo's existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also participating in the round.