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.