Microblogging site Koo in talks for acquisition by VerSe Innovation

Homegrown microblogging platform Koo is in talks for a potential acquisition by VerSe Innovation, the parent firm of news aggregator Dailyhunt and short video platform Josh.

Koo’s cofounder Mayank Bidawakta confirmed in a LinkedIn post on Wednesday that the firm was in talks with “multiple partners” for a “strategic partnership”, without giving details about who the firm was engaged in talks with. A development on the acquisition talks could be expected in a “couple of weeks”, a person in the know told ET.