Koo envisions presence in south, to set up development centre in this Telangana city
Koo on Wednesday said it has signed a Memorandum of Understanding (MoU) with the Telangana government.
Multi-lingual social media platform -- Koo on Wednesday said it has signed a Memorandum of Understanding (MoU) with the Telangana government to open a development centre in Hyderabad.
With Hyderabad being an IT hub, boasting access to a robust technology ecosystem and a large pool of IT talent, Koo envisions its presence in the region to grow in a significant manner, it said in a release.
As part of this MoU, the Telangana government will work jointly with Koo on the use of Telugu to increase reach among non-English speakers in the state.
The collaboration will also promote the rich legacy and heritage of Telugu as a language, in addition to the unique culture of Telangana, it said.
The development centre will tap into local talent and promote synergies with stakeholders in the state, it said.
Speaking at the signing ceremony, Telangana IT Minister K T Rama Rao said, "By collaborating with Koo, we are hopeful that our efforts to connect and engage with citizens for disseminating information and services of Telangana government will be augmented further."
Aprameya Radhakrishna, co-founder and CEO, Koo, said, "Language-based social media is the need of the hour, especially in a multi-lingual country like India. We are truly honoured and privileged to collaborate with the Telangana government to further our cause of empowering voices with digital freedom of expression. The development centre in Hyderabad will be a key enabler in this mission."
Koo, a multi-lingual, micro-blogging platform was launched in March 2020 and currently it is available in 10 languages. The platform's speciality include a translation feature which enables real-time translation of a post across the slew of languages, while retaining the sentiment and context of the original text, the release said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
09:21 AM IST