India-made microblogging website Koo has raised $30 million in Series B funding led by Tiger Global. Existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator participated in the round as well.
IIFL and Mirae Assets are other new investors who have come on board the cap table with this round.
Koo’s valuation crossed $100 million with the new funding: up from about $25 million in February. In March, startup A-listers such as BookMyShow founder Ashish Hemrajani, Udaan co-founder Sujeet Kumar, Flipkart CEO Kalyan Krishnamurthy, Zerodha co-founder Nikhil Kamat bought Shunwei Capital’s stake in the company. This allowed Shunwei, the sole

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