Koo CEO Aprameya Radhakrishna is currently abroad, seeking a fresh round of funding. Launched in March 2020, Koo is currently available in 10 languages — Hindi, Marathi, Gujarati, Punjabi, Kannada, Tamil, Telugu, Assamese, Bengali and English. In February this year, Koo raised nearly $10 million in two different trances from multiple investors.
India's home grom social media startup Koo is adding new features to its app everyday. In the same chain of things, Koo has launched a new 'Multilingual Koo (MLK)' feature that allows people to post their thoughts in the language of their choice by the means of translation. The app has launched a type to talk feature. Here are the details about the two new features of Koo app.
Koo has removed over 2,300 Koos and taken the strictest action against more than 66,300 posts. Koo published this report in the second month as it plans to bring more clarity in the process of enabling compliance requirements on social media. In July 2021, Koo revealed that the community had reported 3,431, out of which 498 were removed and rest of the 2,933 accounts faced action.
Koo has proactively moderated 54,235 content pieces, while 5,502 posts were reported by its users during June, the homegrown company said. Google had said 27,762 complaints were received by the teh giant and YouTube in April this year from individual users in India over alleged violation of local laws or personal rights, which resulted in the removal of 59,350 pieces of content. Koo said its compliance report would be published and available on the first day of each month.
Koo has seen a strong surge in user base over the past few months amid clarion calls for expanding the ecosystem of homegrown digital platforms. Koo said it has raised $30 million (about Rs 218 crore) in a funding round led by Tiger Global. Koo was founded by serial entrepreneurs Aprameya Radhakrishna, founder of TaxiForSure and Mayank Bidawatka who previously founded companies like MediaAnt and Goodbox.
Koo, which has over the past few months seen a massive surge in user base in the country, is looking at raising "more than what was raised in the last round". In February, Koo said it had raised USD 4.1 million in series A funding from Accel, Kalaari Capital, Blume Ventures and Dream Incubator, and 3one4 Capital. In all, it has raised about USD 10 million in total funding through multiple tranches.