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Neobank startup Fi Pockets $16.8 Mn funding from Temasek, QCM Holdings

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Neobank startup Fi has raised INR134.1 Cr ($16.84 Mn) as part of its Series C funding round from V-Sciences Investment, an entity of Temasek, and existing investor QCM Holdings, according to regulatory filings. The latest development comes a month after Fi secured $45 Mn in its Series C funding round from Alpha Wave Ventures. According to reports, the latest investment would value Fi between $520-$565 Mn.