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Digit insurance valuation shoots up to $3.5 Bn after $200 Mn funding round

Shortpedia

Content Team
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Insurance tech startup Digit Insurance has announced raising $200 Mn from Sequoia Capital India, IIFL Alternate Asset Managers and other investors, in its latest funding round. Existing investor Faering Capital has also participated in the round, which is subject to IRDAI approval, the company said. The round brings Digit Insurance's total funding till date to up to $442M, valuing it at $3.5 Bn.