Mayank Bidawatka, Co-founder of social media platform Koo, has shut down his latest startup, PicSee, Moneycontrol reported. The photo-sharing app failed to achieve product-market fit, attract a buyer or gain traction. It raised ₹30-35 crore and will return around 60-65% of the capital to investors. Bidawatka had shut down Koo in July 2024 after struggling to achieve product-market fit.