Existing investors, along with a few prominent Indians, have bought out Chinese venture capital firm Shunwei Capital's minority stake in Twitter's homegrown rival Koo's parent company Bombinate Technologies. Former Indian cricketer Javagal Srinath, BookMyShow Founder Ashish Hemrajani, Udaan Co-Founder Sujeet Kumar, Flipkart CEO Kalyan Krishnamurthy, and Zerodha Founder Nikhil Kamat have participated in the round to buy out shares of Shunwei Capital, Koo said on Wednesday.from IndiaTV Business: Google News Feed https://ift.tt/38S3zCu
Existing investors, along with a few prominent Indians, have bought out Chinese venture capital firm Shunwei Capital's minority stake in Twitter's homegrown rival Koo's parent company Bombinate Technologies. Former Indian cricketer Javagal Srinath, BookMyShow Founder Ashish Hemrajani, Udaan Co-Founder Sujeet Kumar, Flipkart CEO Kalyan Krishnamurthy, and Zerodha Founder Nikhil Kamat have participated in the round to buy out shares of Shunwei Capital, Koo said on Wednesday.