Insurtech Startup Digit Raises New Funds From Sequoia, Others At $3.5 Billion Valuation
07/02/21, 4:37 AM
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Mumbai: Canadian billionaire Prem Watsa-backed general insurance startup Digit is raising $200 million from new investors Sequoia Capital India and IIFL Alternate Asset Managers as well as existing investor Faering Capital and others in a round expected to double its valuation to $3.5 billion in less than six months, a top executive said.