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Tiger Global leads $30 Mn round in Twitter rival Koo

Shortpedia

Content Team
Image Credit: shortpedia

Indian microblogging platform Koo has raised $30 million in its Series B round led by Tiger Global, taking the company’s valuation to over $100 million. The deal comes amid rising tensions between the Indian government and Koo’s chief rival, Twitter. Existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator participated in the round in which the company also added two new investors in IIFL and Mirae Assets.