The acquisition talks between the four-year-old social media startup and Dailyhunt have fallen through.
Indian microblogging platform Koo, once considered an alternative to X (formerly Twitter), is shutting down, according to a person in the know, who asked not to be named. The four-year-old startup’s decision to wind up was triggered—and locked—earlier this week after its likely acquisition by online media firm Dailyhunt fell through.
Co-founded by Aprameya Radhakrishna and Mayank Bidawatka in 2020, Koo counts Tiger Global, Accel, Blume Ventures and Kalaari Capital among its backers.
For months now, Koo and Dailyhunt had been engaged in talks to subsume the former. This acquisition was supposed to be Koo’s lifeline as well as a …
Harveen is a co-founder at The Morning Context, and leads our Internet coverage. She has previously worked as a media, consumer and tech reporter at The Ken and Mint. At The Morning Context, she writes on startups, venture capital, consumer and media businesses—from e-commerce to healthtech to streaming.
Editor, Internet
harveen@mailtmc.com
Dubai