Indian social network Koo to shut down

The Indian social media platform Koo is shutting down after acquisition talks with Dailyhunt fell through. Despite securing over $60 million in funding from prominent investors including Tiger Global and Accel, Koo faced significant challenges in expanding its user base and generating revenue over the past year. TechCrunch exclusively reported in February that Koo was engaging with Dailyhunt, an internet media startup valued at $5 billion, for a potential sale. But the talks didn’t materialize into a deal, Koo founders said Wednesday. “We explored partnerships with multiple larger internet companies,...