Nice momentum in our investment focus areas! Among the segments, InsurTech led the funding race in May 2018 with $422.6 million in funding across only 22 deals. There was a 98% MoM growth in the funding in this space from April 2018. India-based aggregator PolicyBazaar raised the largest funding ($200 million) in this segment, followed by US-based Datavant ($40.5 million) and Germany-based SimpleSurance ($24 million) and than Dutch Based Digital Insurance Group with ($20 million) .The segment that held the second place in the funding race was B2B FinTech with $275 million raised across five funding deals. The US-based business commerce and supply chain marketplace company Tradeshift raised $250 million in a series E funding round led by incumbents such as HSBC, American Express, and Goldman Sachs. With this funding round, TradeShift became the latest FinTech unicorn.