Koo, Twitter’s rival in India, fires 30% staff on funding crunch

Indian microblogging app, Koo, backed by Tiger Global, has fired 30% of its 260 employees as the company struggles with losses and an inability to raise funds during the global tech rout. Koo benefited initially from Twitter's spat with the Indian authorities, and now has over 60 million downloads. https://ift.tt/HwK8POa