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Payment company PhonePe raises USD 88 million from its parent Flipkart
In September this year, PhonePe was valued at USD 7 billion by Morgan Stanley.
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The company also has presence in Indonesia and Brazil.
The limit for an individual to invest has been increased to USD 70,000.
She estimates there are at least 460 million people trying to learn English.
Besides India, it has operations in Indonesia and Philippines.
The VC firm invests only when it has the confirmation that a Chinese investor will also invest in a follow-up round.
After 15 years of being in India, Temasek operates a USD 11 billion portfolio in the country.
TWID claims, reward points worth over USD 2 billion go unused by users in India.
Ola Money offers services such as credits, short-term loans, and insurances.