India Digest: Upswing raises pre-Series A; SoftBank divests from Policybazaar; KKR in talks to invest in BookMyShow

India Digest: Upswing raises pre-Series A; SoftBank divests from Policybazaar; KKR in talks to invest in BookMyShow

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Upswing has raised $4.2 million in pre-series-A funding led by Quona Capital and QED Investors while SoftBank Group has fully divested from PB Fintech, operator of India-based insurtech platform Policybazaar. Separately, KKR is in talks to invest up to $300 million in BookMyShow.