‘Aatmanirbhar’ Koo pads up and faces Chinese funding queries, data leak worries

BENGALURU: At a time when the government is trying to mount a ‘Koo’ against Twitter, the Bengaluru based micro-blogging site, which claims to be a “truly Aatmanirbhar app”, has come under the scanner — both for allegations of leaking sensitive user data as well as the investment made by the Chinese VC firm, Shunwei Capital.

Shunwei Capital’s founding partner and Chairman Jun Lei is also the CEO of smartphone brand Xiaomi that has a 23% market share in India, and owns a stake in internet startups like Sharechat, Zest Money and Touch talent, WeWork India and Hungama among others. Both Shuwei capital and Xiaomi also have a combined stake in firms like Zomato, Meesho, Loan Tap and Kuku FM.