Koo, India’s alternative to Twitter, is looking to find a partner with a “distribution strength” as it enters its “next phase,” its co-founder said, amid a funding crunch at the startup, which is backed by Accel and Tiger Global. Koo co-founder Mayank Bidawatka wrote in a LinkedIn post that the startup — which has raised […],Unbeknownst to many, India has its own Twitter counterpart, Koo, which is currently on the lookout for a worthy partner. This partner is envisioned to have solid “distribution strength” – an essential aspect as Koo embarks on its exciting “next phase”. The co-founder of the platform let this inside news slip out on the professional platform, LinkedIn.
Interestingly, it’s not just any common social media platform, Koo has massive financial support under its belt from big names like Accel and Tiger Global. Even with such backing, the platform is not shy to admit to the somewhat strained funding they are going through at the moment. Applying a very calculated and strategic approach, the platform is poised to overcome this challenging phase.
The dynamic co-founder of Koo, Mayank Bidawatka, chose LinkedIn as the medium to announce the upcoming changes in the platform. In his post, he mentioned the funding situation at the startup. Simultaneously, he also shed light on the massive funds that the startup has already managed to raise. This heartfelt post with its upfront honesty gives the readers a direct insight into the inner workings of Koo.
Without any better way to phrase it, this is a fascinating time for Koo. As the platform steps into its next phase, it undeniably plans to make an even larger impact in its sector. With a determined partner found, Koo aims to navigate through their current funding crunch and onto bigger, more successful stages.
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