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ShareChat to lay off another 5% employees to cut costsThe Google-backed vernacular social media firm plans to reduce its total employee count to 500 by March 2025. It had 650-700 employees as o...- ShareChat raises $16 million in debt financing; lays offs 5% of workforceThe new funding was provided by EDBI, a Singapore-based fund, which is also an investor in the home design and renovation platform Livspace...
- Inside the rise and fall of Indian Twitter rival KooKoo, the Indian social media platform aiming to rival Twitter, has closed down due to unsuccessful acquisition negotiations. The company st...
- Koo calls it a day; Paytm Bank, auditor lock hornsOnce touted as India’s response to Twitter, it’s curtains for homegrown microblogging app Koo. Details on this and more in today’s ETtech T...
- Indian Twitter rival Koo shuts down after failed acquisition talks“Patient, long term capital is essential to build ambitious, world beating products from India be it in social media, Al, space, EV or othe...
- Dailyhunt to acquire India's X alternative Koo: ReportBengaluru-based news content aggregator Dailyhunt is reportedly in advanced talks to acquire Indian start-up Koo, an alternative to social ...
- Will Meta’s Threads unwind Twitter in India? Opinions varyIndia is the largest market for the Meta apps of Facebook, WhatsApp and Instagram and analysts said this would give a solid head start to T...
- Technology firms to support non-profit forming SRO to vet fact-checkersAlthough Snap, Twitter and Jio haven't officially confirmed that they will support MCA, others like Google, Meta, ShareChat and Koo have gi...
- Koo promises lifetime free verification for all notable personalitiesThe company said the free lifetime verification will be available to all notable personalities and creators across the world enabling them ...
- Twitter rival Koo integrates ChatGPT to help users create contentKoo users will be able to use ChatGPT directly within the app to help them draft posts about current events, politics or pop culture.
- Homegrown companies on hiring spree as Big Tech sheds talentThough the absolute hiring number is not huge since Indian startups are themselves going through funding woes, the roles span product, grow...
- Hazy IT rules may lead to aggressive content takedown, warn expertsSetting up an appellate tribunal to review content is a positive step though greater clarity is needed on the constitution of the committee...
- In heated meeting, India seeks tougher action from US tech giants on fake newsThe officials, from the Ministry of Information and Broadcasting (I&B), strongly criticised the companies and said their inaction on fake n...
- BJP Uttar Pradesh, Koo, Indian National Congress-Punjab among top spending pages on Facebook ahead of state electionsAs per data from Facebook's Ad Library- that provides a searchable collection of all ads running across the Facebook platform including Ins...
- Koo to soon get WhatsApp-like groups, CEO saysThe Koo app is also scouting for people from diverse backgrounds to establish an advisory board to “handle” a few situations around hate sp...
- Of ShareChat's valuation & Grofers' express rushFrom ShareChat's new fundraising to Grofers joining the express delivery rush and Flipkart moving to SC challenging Karnataka HC order, her...
- Google, Facebook & WhatsApp complied with IT rules; Twitter is an exception: GovtProminent platforms such as Telegram and LinkedIn, which have a large presence in India, as well as homegrown apps ShareChat and Koo have a...
- Koo in talks to raise funds; hopes to close a deal in 3-4 monthsKoo is looking at raising 'more than what was raised in the last round'
- ETtech Evening Briefing on Feb 11, 2021: Koo app’s Indian investors, Facebook’s Clubhouse cloneKoo app has brought on a clutch of Indian investors even as its Chinese backer is in the process of an exit. Clubhouse, the invite-only “so...
- BoJ's fiscal stimulus are designed for Japan; could help asset prices in other countries: Richard C Koo, NomuraGovt's fiscal stimulus helps countries around Japan whereas the monetary stimulus could help asset prices in other countries because money ...
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