India, Nov. 16 -- We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!

In one of the biggest funding news this week, Chennai-based software-as-a-service (SaaS) unicorn Freshworks has confirmed that it has signed an agreement for a $150 Mn Series H round led by Sequoia Capital, CapitalG, and the company's first investor Accel. With this investment, the company's valuation has reached $3.5 Bn.

Further, Chinese multinational conglomerate Tencent Holdings acquired 10% minority stake in Indian insurance aggregator PolicyBazaar, which has now been valued at $1.5 Bn. The deal was signed last week. Founded in 2008 by Alok Bansal, Avaneesh Nirjar and Yashish Dahiya, PolicyBazaar Group has two entities: Policy...