Announced
Completed
Tiger Global led a $30m Series B round in Koo.
Financials
Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Friendly
Cross Border
Venture Capital
Minority
Acquisition
Private
India
Completed
Private Equity
Single Bidder
Online and Social Platforms
social media
micro-blogging platform
Synopsis
Tiger Global led a $30m Series B round in Koo, an Indian language micro-blogging platform, with participation from IIFL and Mirae Assets. The fresh round of funding will be utilised mainly to strengthen engineering, product and community efforts across all Indian languages at Koo.
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