It, however, did not reveal the financial details of the deal. Koo, which caught public attention after the Centre’s tussle with Twitter over the removal of inflammatory content, has crossed over 4 mn downloads with about a mn active users. Koo’s investors from whom it has raised $4.1 mn so far, include Accel Partners, 3one4 Capital, Blume Ventures, and Kalaari Capital. Additionally, global venture capital firm, Shunwei, was also an investor in Bombinate Technologies, the parent of Koo. Shunwei Capital, which is led by a partnership team that includes people of Chinese origin, had invested in the earlier product of Bombinate, an app called Vokal. Since Bombinate has pivoted its primary business and focused on Koo, Shunwei committed to exiting the firm and concluding the deal now.
