Koo: India's X alternative to shut down services
What led to Koo's funding shortage?
Koo's funding shortage was caused by multiple factors, including a prolonged funding winter, high costs for technology, and failed talks with potential partners. The platform struggled to secure funding and partnerships, leading to a lack of resources to continue operations.
Why is Koo shutting down its services?
Koo is shutting down its services due to a shortage of funding and high costs for technology. The platform's founders explored partnerships with larger internet companies, conglomerates, and media houses, but these talks did not yield the desired outcome6. A prolonged funding winter and the challenges of maintaining a social media platform led to the decision to discontinue services.
When was Koo initially launched?
Koo was initially launched in March 2020 by Aprameya Radhakrishna and Mayank Bidawatka, just before the COVID lockdown started.