Temasek, Info Edge co-invest $27.6m in PolicyBazaar parent
An employee walks past a sign for Temasek Holdings Pte at the company's offices in Singapore, on Tuesday, Aug. 25, 2009. Temasek Holdings Pte, Singapore's state-owned investment fund, said it will focus on being an active investor as it increases holdings in overseas companies. Photographer: Munshi Ahmed/Bloomberg
Singapore state investment firm Temasek and Info Edge (India) Ltd have co-invested $27.6 million (Rs 190.5 crore) in the parent entity of online insurance selling platform PolicyBazaar, possibly as part of the $200-million funding round the India startup raised last month.