Daily Tech News, Interviews, Reviews and Updates

Indian Social Media Platform, Koo Shuts Down After Unsuccessful Talks For Sale Or Merger

Koo- the social media app which was an alternative to X where users were allowed to express their views using Indian languages was founded in 2020 by Aprameya Radhakrishna and Mayank Bidawakta. Well, Koo has now come to an end and will no longer be available for Indian users.

Founder Aprameya Radhakrishna has announced the shutdown of Koo on LinkedIn in a joint post with co-founder Mayank Bidawatka. In the post, the challenges faced by the platform are also mentioned like the cost of technology services, prolonged funding winter, and long-term capital. He also mentioned that platforms like Koo, “ needed a strategic outlook to safeguard it and make it thrive. These aren’t to be looked at as profit-churning machines 2 years from launch. They need to be nurtured for a larger long-term play.”

The co-founders mentioned that the partnership talks fell through. They explored partnerships with multiple larger internet companies, conglomerates, and media houses but these talks didn’t yield a positive outcome. Hence they decided to discontinue the Koo app. They have also thanked their team, investors, creators, and users for their support. While the post ended with a quote, “The little yellow bird says its final goodbye..”

Readers like you help support The Tech Outlook. When you make a purchase using links on our site, we may earn an affiliate commission. We cannot guarantee the Product information shown is 100% accurate and we advise you to check the product listing on the original manufacturer website. Thetechoutlook is not responsible for price changes carried out by retailers. The discounted price or deal mentioned in this item was available at the time of writing and may be subject to time restrictions and/or limited unit availability. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates Read More
You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More