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Flipkart has collaborated with the Telangana Government to develop and execute the task of drone deliveries to remote areas for medical supplies. The project is called Medicines from the Sky.The Enforcement Directorate has issued a show cause notice to Indian Cryptocurrency exchange platform WazirX for violating the Foreign Exchange Management Act, 1999. It involves transactions of Rs.2,790.74 crore worth of cryptocurrencies.Indian Institute of Technology, Roorkee Incubated startup Log9 Materials and professor Sudipta Sarkar have won the Dare to Dream 2.0, an innovation contest organised by Defence Research and Development Organisation. The challenge was announced by Prime Minister Naredra Modi in the memory of former President DR. APJ Abdul Kalam.Proptech firm Flyhomes has raised 150 million dollars in a Series C funding round co led by Norwest Venture Partners and Battery Ventures. Other participants Fifth Wall, Camber Creek, Balyasny Asset Management, Zillow cofounder Spencer Rascoff and existing investors also participated in the round.Slintel has raised 20 million dollars as part of its series A funding round led by GGV Capital. Existing investors Accel, Sequoia Capital India and Stellaris Venture Partners also participated in the round.Logistics tech company Kale Logistics has raised 5 million dollars as a part of its series A funding round led by Inflexor Ventures. The funds will be used for product enhancement to grow the business globally.California headquartered Eightfold AI has raised 220 million dollars as a part of its series E funding round led by Softbank’s Vision Fund 2. The funding values the company at 2.1 billion dollars.More than 5,00,000 Indians lost their money by investing in MLM scam posing as an investment opportunity. The apps were listed on PlayStore and used social media for advertisements. The scam has been busted by the Delhi Police.Gurugram and Bengaluru-based fintech startup Chqbook has raised $1 million from InnoVen Capital. The funds will be used to increase the loan book.Bengaluru-based Centre for Cellular and Molecular Platforms has received CSR support from Huawei India for distribution of non-invasive ventilator, oxygen concentrators and remote vitals monitoring machines in public health hospitals and facilities across Karnataka.#Flipkart #MedicinesfromtheSky #covid19 #drone #dronedelivery #vaccine #dronevaccinedelivery #WazirX #Cryptocurrency #crypto #Bitcoin #iit #Log9Materials #SudiptaSarkar #DaretoDream2.0 #DRDO #Flyhomes #flyhomesfunding #Saas #Slintel #GGVCapital #KaleLogistics #Logistics #InflexorVentures #Softbank #EightfoldAI #California #appscam #scam #fintech #Chqbook #InnoVenCapital #HuaweiIndia #ventilator #oxygenconcentrators #askmentor #mystartuptv #majorsunilshetty #startupchannel #startupnews #startupindia #MSMEnews #makeinindia #madeinindia