Fintech firm True Balance said it has raised USD 28 million (about Rs 207.7 crore) in funding from SoftBank Ventures Asia, Daesung Private Equity and others. The Series D round also saw participation from Naver, BonAngels and Shinhan Capital, a statement said.  The funding would be used to fuel the company’s India expansion plans, bolstering the technology that drives the fintech player, and preparing for the next round of growth that it now foresees

(Financial Express)