India Digest: Temasek eyes FPL Tech; Alpha Wave may lead funding in upGrad

India Digest: Temasek eyes FPL Tech; Alpha Wave may lead funding in upGrad

Photo: Reuters

FPL Technologies, the maker of the mobile-first credit card OneCard, is in advanced talks with investors to raise $100 million in fresh financing at about $1.5 billion valuation. Separately, edtech platform upGrad is in talks to raise a fresh funding round of $200-250 million.