Intended for personal or business use, the service and app handle the publication and playback of live or recorded videos.
Live chat is included, along with notifications, events, friends, and account and profile information.
The platform supports paid events, with Kondoot taking a 20% commission on 'ticket' sales.
An Android version of the app is scheduled for release in the near future.
"We're thrilled to deliver the brand new app to our user base", said Kondoot co-founder and director Mark Cracknell.
Kondoot has users in 200 countries, company officials claimed.