Koo raises $30 mn funding led by Tiger Global

Twitter-rival Koo has raised USD 30 million (about Rs 218 crore) in Series B funding, led by Tiger Global with existing investors also participating in the latest round.

Existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also took part in the round, Koo said in a statement. IIFL and Mirae Assets are other new investors who have come on board the cap table with this round, it added.