Koo in talks to raise funds; hopes to close a deal in 3-4 months

Twitter rival Koo is in discussions with investors to raise funding and hopes to close a deal in the next 3-4 months, Koo co-founder Aprameya Radhakrishna said.

Koo, which has over the past few months seen a massive surge in user base in the country, is looking at raising “more than what was raised in the last round”.

In February, Koo said it had raised USD 4.1 million in series A funding from Accel, Kalaari Capital, Blume Ventures and Dream Incubator, and 3one4 Capital. In all, it has raised about USD 10 million in total funding through multiple tranches.