Virat Kohli-backed Insurance Startup Hits $3.5-bn Value After Fresh Funding | Business Standard News

by business-standard.com posted 1month ago 9 views
The company is raising $200 million from Sequoia Capital India, existing investor Faering Capital Pvt and others. : Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology. The company is raising $200 million from Sequoia Capital India, existing investor Faering Capital Pvt and others, according to a statement on Friday. It’s one of the largest funding rounds in India’s fast-expanding insurance market also targeted by rival startups including Amazon.com Inc.-backed Acko.

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