Info Edge, Temasek's firm invest $27 million in PolicyBazaar
Info Edge has said it will invest $27.7 million in insurance selling startup PolicyBazaar-operating firm EtechAces Marketing & Consulting along with Temasek's subsidiary MacRitchie Investments. The round is likely a part of the $200 million funding round PolicyBazaar raised last month, a spokesperson said. The round was led by SoftBank Vision Fund, with participation from existing investors. 