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Edtech giant Byjus has become India’s most valued company after raising about 340 million dollars. It is valued at 16.5 billion dollars post investment.Insurance Regulatory and Development Authority of India has approved web aggregator Policybazaar to commence insurance broking. The step will help the company to expand the business in different services.US based geostationary satellite operator Viasat Inc. has applied for government’s approval to establish two new satellites for providing advanced broadband connectivity in India.Fintech giant Paytm is in talks with three payment gateways for possible acquisition, merger or picking up a majority stake in the firms. The companies are : BillDesk, PayU and Infibeam Avenues.Researchers from Indian Institute of Hyderabad have developed the world’s smallest microscope. The microscope is called Muscope and will help unleash details of the microscopic world.Fintech platform Phonepe has filed a formal complaint with Securities and Exchange Board of India against capital market company Ventureast . Ventureast Proactive Fund II has been alleged to make side dealings with tech company Affle scuttling Phonepe's acquisition of OSLabs.Decentralised finance startup Instadapp has raised 10 million dollars in funding round from venture capital fund Standard Crypto and strategic partners including Yearn founder Andre Cronje, DeFi Alliance, Longhash ventures including others.In order to get a seat alongside Jeff Bezos on board the first crewed spaceflight of Blue Origin, an unknown bidder has paid 28 million dollars. Jezz Bezos, his brother Mark and the charity winner will fly to the edge of space and back.Distribution platform DropShop raises 1.3 million dollars in pre series A funding round led by Inflection Point Ventures. Existing investors Axilor Ventures and The Chennai Angels also participated in the round.Faster Adoption and Manufacturing of Strong Hybrid and Electric Vehicles scheme is likely to receive a 2 year extension from the Department of Heavy Industries as it needs restructuring due to low traction of EV demand#Byjus #EdTech #currentaffairs #byju #NextBigBrand #byjusfunding #Policybazaar #IRDAI #insurance #InsuranceBroking #viasat #satellitebroadbandservices #Fintech #Paytm #paymentgateways #iit #microscope #worldssmallestmicroscope #Phonepe #sebi #Ventureeast #ventureastcomplaint #Instadapp #venturecapital #StandardCrypto #JeffBezos #BlueOrigin #bidder #spacetrip #DropShop #DropShopfunding #ElectricVehicles #ev #EVdemand #askmentor #mystartuptv #majorsunilshetty #startupchannel #startupnews #startupindia #MSMEnews #makeinindia #madeinindia