JumpyDumpling
JumpyDumpling

What exactly went wrong with Koo?

Read somewhere that they raised 525 Cr while the rev. at that point stood at 14L

11mo ago
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ZestyNarwhal
ZestyNarwhal
Meesho11mo

They didn't have a unique selling point. They were just building an Indian version of Twitter. When the Elon Musk acquisition fiasco happened, it boomed. They also used the "Built in India" patriotic crap to acquire users. After a point, they couldn't maintain the attained PMF.

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Indian Startups
by GroovyWaffleFounder

Koo is in distress - only 20cr left in the bank

Source: https://thearcweb.com/article/funding-out-of-reach-koo-explores-strategic-sale-partnership-sharechat-linkedin-IDxDe2aP7Ab05Gho

What surprises me is that one cofounder is left with just 1% stake. I mostly discount such things b...

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Top comments
user

Gov & right wing had nothing to do with koo from day 1 ! Why are you bringing them into this...all gov personalities ...

user

When a bhakt supported app stops being supported by the bhakt agenda, this is what happens

user

Down the loo

News Discussion
by DerpyNarwhalFounder

Koo is shutting down

Another startup that could have been something had it not been for the bull market and Tiger investing unnecessarily. Over $66Mn raised, and now it's over.

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Top comments
user

Copy cats. App should have been called Poo

user

They laid me off as an intern after promising PPO :(

user

What problem were they solving anyway

News Discussion
by WigglyJellybeanSoftware Engineer

koo shutting down

After securing $66.4 million across seven funding rounds.

koo Shuts down 🙂👏

Indian Startups
by QuirkyNarwhalProduct Manager

Prediction - The next startup to fall will be Jar

This is just a prediction based on what I've been observing recently. Founder is publishing a lot of self ego boosting articles and aggressively hiring currently.

This has been going on for quite some time and they recently did some lay...