Koo co-founder Mayank Bidawatka introduces his new startup Billion Hearts, raises $250,000

More than two months after shutting down Koo, India's X rival, co-founder Mayank Bidawatka has embarked on a new entrepreneurial journey with his latest startup, Billion Hearts Software Technologies

The startup, which aims to create digital products for a global audience, has also raised $250,000 (or about Rs 2.09 crore) in an angel funding round led by co-founders of redBus, Ola, Myntra, InMobi, MoEngage, Jaypore, Udhyam and Healthi, and other investors.

Mayank Bidawatka shares announcement on LinkedIn

"Thanks a lot for the love and blessings for the new venture! Loads of gratitude to have so much support from the good folks here 🙏🏽 Billion Hearts as a name represents the dreams of many. And hopefully the usage of billions of users around the world for whom this startup will build beautiful digital products," Bidawatka wrote on LinkedIn.

Expected to enter beta test in the next few months

According to Bidawatka, the startup will be launched in a few months and is currently operating in stealth mode.

According to reports, the startup is developing a consumer-facing application, which is expected to enter beta testing by late 2024 or early 2025. 

"We've just got started on a very interesting journey of building simple digital products for the world. Lots of unsolved problems out there that the internet and its tools can help solve. We are taking one interesting problem at a time and productising these solutions. We only deal with large problem statements with a billion+ users."

"While our first product is in stealth, all we can tell you is, no matter who you are, you will be a consumer of this product. It's that fundamental to every person with a smartphone," the startup said.