Koo, one of the new home-grown microblogging sites has raised $30 million in series B funding round led by investment firm Tiger Global. Presented investors Accel Partners, Kalaari Capital, 3one4 Capital, Blume Ventures, and Dream Incubator also participated in the round.

IIFL and Mirae Assets are other new investors who have come on board the cap table with this round. The fresh funding will be utilized mainly to strengthen engineering, product, and community efforts across all Indian languages at Koo.

The micro-blogging podium for Indian languages was started in March 2020 by Aprameya Radhakrishna, founder of Taxi For Sure, and Mayank Bidawatka, who formerly founded companies like Media Ant and Good box.

Aprameya Radhakrishna, who is the CEO of Koo, states, "We have aggressive plans to grow into one of the world's largest social media platforms in the next few years. Every Indian is cheering for us to get there soon. Tiger Global is the right partner to have onboard to realize this dream."

Koo, states, “Nearly 6 million downloads of the app in just a year of operations achieved. Last year in August, the app had placed in the Prime Minister's Aatma Nirbhar Bharat App Innovation Challenge. The platform achieved massive attention during Twitter's tussle with the Indian government over blocking certain accounts earlier this year.”