Even although the pace of downloads has slowed down from the peak, homegrown microblogging platform Koo is confident of reaching its target of one hundred million customers by the finish of this year.
“The downloads are still at a very healthy pace. The spike is not as big as it was some time back but it’s healthy growth. We have crossed about 4.5 million downloads and we want to get to 100 million by the end of the year,” Koo co-founder Mayank Bidwatka told TheSpuzz.
The regional platform had gained prominence not too long ago amid the standoff amongst Twitter and the government. Many major ministers as effectively as government departments have joined the platform and are often sharing updates on it. Koo was launched final year soon after it won the government’s Aatmanirbhar App Innovation Challenge in August 2020.
“Koo is an open expression platform that has been built mainly to connect Indians, irrespective of their ideology and preferences — be it political and religious. Both the co-founders don’t have any kind of political affiliations. We want all of India to use it,” Bidwatka stated. Aprameya Radhakrishna is the other co-founder of the platform.
The platform had not too long ago raised $4.1 million as component of its Series A funding. Mohandas Pai’s 3one4 Capital is the most current addition to the investors on board. Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also participated in the round.
Elaborating more about Koo, Bidwatka stated the platform is really democratic and positive and individuals speak about regular issues and there is no toxicity. People are free of charge to share their opinions, but it need to not be one thing that violates the Constitution.
“It is very important to follow the laws of the land of the country you operate in. Our stance is that we will follow the laws of the land. I cannot break a signal in a country and say I don’t care about what you think about it…we can’t do that,” he stated.
The co-founder additional stated a majority of the individuals on social media speak about regular issues and there is a pleased atmosphere. “There is a very small percentage that tries to create havoc in society — be it hate speech, be it people saying something really bad about another community, intolerance towards somebody else and spewing hatred — even in the offline world, I am not able to commit a crime and get away with it,” he added.