From information technology ministry using Koo to broadcast its stand on not fully complying with its order to take down inflammatory content to ministers, including Piyush Goyal, urging people to switch platform, these developments have led to a surge in the userbase of the Indian rival. Koo, which has startling similarities with Twitter, now has over three million users. Downloads of Koo app surged 10-fold this week. While ministers and government departments have been leveraging platforms like Twitter and Facebook, there have been calls for homegrown platforms to emerge in this space, and apps like Koo could be likely beneficiaries.I am happy to inform that NIXI is present on Koo and would like to inform all our stakeholders including customers that you will continue to get latest information about NIXI on Koo platform," he said in a statement on Thursday.

India Quotient, an early-stage fund, said on Thursday the launch of its fourth fund for Indian startups worth $80 million (Rs 570 crore approximately). The fund will be focused on supporting startups in the SaaS, social media, D2C, education technology and fin-tech sectros, said India Quotient, adding it will support 35-40 "game-changing ideas". India Quotient has funded close to 70 startups over the last eight years. Of the portfolio the venture fund has backed, nearly 80 per cent have gone on to raise funds for follow-on rounds from marquee global investors and nearly a third of the have gone on to achieve massive scale for their businesses.