Technology
By Vansh Sangwan - May 26, 2021
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New DelhiOne hour ago
Twitter’s challenger indigenous Twitter ‘Ku’ has received a fund of $ 30 million (about Rs 218 crore). It is raised through Series B funding led by Tiger Global. Series B funding is the second round of finance. It consists of A, B, C three rounds. A Series B round typically occurs when the company makes some money while developing the business. Existing investors also participated in the funding from Excel Partners, Kalari Capital, Bloom Ventures and Dream Incubator.
Ku follows the IT rule of the government
Ku has around 6 million users. Koo implemented the new rules only last week. It claims that its privacy policy, terms of use are in accordance with the new rules. This fund has been raised by Ku at a time when the discussion of new IT rules in the country is intensified. This has led to increased accountability for social media companies including Twitter and Facebook.
More than 60 million downloads
According to Koo’s Founder Unbeatable Radhakrishna, the Koo App will be one of the world’s largest social media platforms in the next few years. We are insisting on developing it. Ku started in March 2020. In a single year, more than 6 million downloads of Ku have been done. Communities are being posted on this every day.
Talk to type feature
Koo said that earlier this month users will be able to use regional languages. Which will not require a board. Users will be able to speak and type the message. This feature called ‘Talk to Type’ will help Kuo users to express their views and words will appear on the screen at the click of a button.
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