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INR 499 crore support announced by Defence Ministry for Startups and MSMEIn order to financially support startups and MSME, individual Innovations and Partner Incubations, the Defence Ministry has announced a support of Rs.498.8 in the defence sector.HNI will invest 30 billion dollars in Indian tech startupsAccording to a report by 256 Network and Praxis Global Alliance India, High Networth Individuals are planning to invest 30 billion dollars in Indian tech startups by 2025. India will have 150 unicorns by 2025.Indian Fintech startups to receive Angel Fund from Yatra Angel NetworkYatra Angel Network has announced the launch of Securities and Exchange Board of India registered Cat 1 AIF for fintech startups. The fund will look to support 25-30 early stage Indian fintech startups. YAN is a Mumbai-based early stage investment firm.Swiggy, ANRA to start drone trials for food deliveryANRA led consortium of which Swiggy is a part, has received approval from the Government of India to start drone trials for food delivery. They have received clearance to start drone trials for Beyond Visual Line of Sight operations in India. India has 50 Unicorns with MindTickle as the latest entry.India’s Unicorn tally touches 50 with a total of 16 startups gaining the unicorn status in 2021. The latest entrant in the list is Pune-based MindTickle with a 100 million dollar investment from SoftBank.One97 Communications to raise 1.6 billion dollars.Paytm’s parent company, One97 Communications is planning to issue 1.6 billion worth of shares in an Initial Public Offering planned for later this year. The founder, Vijay Shekhar Sharma will no longer be classified as a promoter.Honeywell joins hands with DRDO and CSIR-IIP. Multinational Company Honeywell will collaborate with Defence Research and Development Organisation and Council of Scientific and Industrial Research-Indian Institute of Petroleum, Government of India to fight against the covid-19 outbreak.Paytm is all set to go for its massive IPO.Fintech giant Paytm is all set to go with its plans for a massive Initial Public Offering to raise 3 billion dollars by November this year. The company has hired four banks for its proposed Initial Public Offering15 banks to use blockchain technology.To process inland letters of credit, 15 banks will collaborate and form a new company which will use blockchain technology. The new system will verify data using invoices on GST and way bills. This will quicken transactions and eliminate risk of frauds.ADQ in talks with Flipkart to invest 500 million dollars.Abu Dhabi's sovereign fund ADQ is in talks with e-commerce giant Flipkart in order to invest 500 million dollars in the company as it raises funds ahead of a potential Initial Public Offering next year.#One97 #Paytm #paytmipo #paytmiponews #Honeywell #DRDO #CSIRIIP #Paytmapp #LatestPaytmNews #blockchain #bitcoin #cryptocurrency #blockchaintechnology #crypto #rajnathsingh #DefenceMinistry #MSMEs #Startups #Defence #HNI #techstartups #invest #startups #unicorns, #Yatra #sebi #fintechstartups #YAN #Swiggy #DroneDeliveryInIndia #AnraTechnologies #drone #fooddelivery #SoftBank #MindTickle #ADQ #Flipkart #ADQFlipkartInvestment #askmentor #mystartuptv #majorsunilshetty #startupchannel #startupnews #startupindia #MSMEnews #makeinindia #madeinindia