In the midst of the squabble between microblogging platform Twitter and the government of India over the recent raid by Delhi Police after issuing a notice to Twitter, one homegrown company called Koo, a Twitter clone, has reaped the most benefits. According to reports, app downloads and engagements on the platform have increased fivefold in the last three days.
Koo has seen a significant increase in user base in recent months, as there has been a strong push to expand the ecosystem of homegrown digital platforms.
“Our goal is to ensure that every user has a secure experience on Koo. We have processes in place to respond to any complaints that users may have, and we were able to identify people who were confident in their ability to deliver on the promise of safety and a great environment to the users “Aprameya Radhakrishna, Koo’s co-founder, told PTI. Tiger Global led a $30 million (approximately Rs 218 crore) funding round for Koo.
Accel Partners, Kalaari Capital, 3one4 Capital, Blume Ventures, and Dream Incubator, among others, participated in the latest funding round. Other new investors who have joined the cap table with this round include IIFL and Mirae Assets.
Aprameya Radhakrishna, founder of TaxiForSure, and Mayank Bidawatka, who previously founded companies such as MediaAnt and Goodbox, founded Koo. Its popularity peaked in the midst of resounding calls to expand the ecosystem of homegrown digital platforms.
Koo has nearly 60 lakh users, making it a significant social media intermediary under the new rules.
The Delhi Police visited the Twitter India offices on May 24 after issuing a notice to Twitter seeking an explanation for why it tagged BJP spokesperson Sambit Patra’s tweet on the alleged Congress toolkit designed to target the Central government as “manipulated media.”
The Delhi Police Special Cell requested that Twitter explain its reasoning and share all information regarding how it described the toolkit as manipulated media.
Twitter expressed concern about recent events involving their employees in India, as well as the potential threat to free expression.
“Concerned about recent events in India involving our employees and the potential threat to freedom of expression for the people we serve. We are concerned about police intimidation tactics in response to the enforcement of global Terms of Service and core elements of the new IT Rules “According to a Twitter spokesperson.