India Deal Monitor: Toffee Insurance raises $5.5m and more updates
Toffee Insurance plans to use the funds to expand data and product, improve merchant and customer experience, and lateral distribution.
Omidyar Network spins out fintech-focused Flourish Ventures with $300m in capital
Flourish launches with a global team of 18 professionals and an existing $200-million portfolio across the US and emerging markets.