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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.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.MSME advisory platform MSMEx has raised 1 million dollars in a pre series A funding round led by Razorpay and TNF Investments. The funds will be used to expand operations and develop new technologies.Delivery platform Dunzo has launched a dark store in Bengaluru. It will stock up its inventory of FMCG items, groceries, meat and medicines. This service will bring down delivery timings.Tech startup Samaaro has raised 1,25,000 dollars in an angel funding round. The funds will be used for scaling the product, expanding the team and market expansion.Content experience platform Contentstack has raised 57.5 million dollars in a series B financing round led by Insight partners. Existing investors Illuminate Ventures and Gingerbread ventures along with georgian as new investors also participated in the round.Imagimake play solutions has raised Rs.4.4 crore in pre series A funding round from Roha Investment Managers and angel investor Saumil Shah. The funds will be used to launch new products and expand the team.Insurtech Startup RenewBuy has raised 45 million dollars in a series C funding round led by Apis growth Fund 2. Existing investors Lok capital and IIFL Wealth also participated in the round.Photo and Video sharing platform instagram is launching a new feature on its app, which will include advertising through reels. Now, reels will globally show the advertisements for a greater audience reach.Mohalla tech, Sharechat’s parent company will buy back Employee stocks worth 19.1 million dollars. About 200 existing and former employees with vested options will be eligible to particpate in the process.#Paytm #One97 #paytmipo #IPOsectornews #LatestPaytmNews #HoneywellIndia #DRDO #CSIRIIP #defence #Honeywell #MSMEx #Razorpay #MSME #PreseriesA #Dunzo #Delivery #DarkStoresService #Samaaro #samaarofunding #angelfunding #Contentstack #Techstartup #Insightpartners #Ventures #Imagimake #startupfunding #RenewBuy #InsurtechStartups #RenewbuyFunding #instagram #reels #instagramads #advertisements #ads #Sharechat #MohallaTech #askmentor #mystartuptv #majorsunilshetty #startupchannel #startupnews #startupindia #MSMEnews #makeinindia #madeinindia