India, Oct. 17 -- Mayank Bidawatka, Co-founder of the now-defunct Indian social media platform Koo, is launching a new venture called Billion Hearts Software Technologies. The venture has already raised USD 2,50,000 in angel funding from consumer tech founders of redBus, Ola, InMobi, Myntra, MoEngage, Jaypore, Udhyam and Healthi, among others.

Billion Hearts will create digital consumer products for the global market. The company stated in a note that its first product is likely to be launched by the end of this year.

"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 stated in a LinkedIn post on Tu...