Investors are backing Koo, an Indian alternative to Twitter, with large size checks at a time when tension is brewing between the American social network and New Delhi.
The Indian startup said on Wednesday it has raised $30 million in a financing round led by Tiger Global Management. Mirae Asset, IIFL’s venture capital fund and existing investors 3one4 Capital, Blume Ventures, and Accel also participated in the round, which valued the Bangalore-based startup at over $100 million, up from about $25 million in February.
Like Twitter, Koo app allows users to publish posts in English and half a dozen Indian languages. Its …
