Koo has carved out a corner in social media by being the anti-Twitter.
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A host of tech startups such as DotPe, Petpooja, and Google-backed Dunzo have been working with restaurants to help them diversify their food delivery business.
In May, Walmart-owned PhonePe signed the term sheet to acquire an over 90% stake in Indus OS, to boost its super app dream on the back of the latter’s content and app discovery platform.
The recent layoffs are expected to help the company stay afloat amid the second wave of COVID-19 and the muted demand for its offline offerings over the next few months.