home Uncategorized Exclusive: General insurance firm Digit’s valuation crosses $4 Bn Kunal Manchanda & Gaurav Tyagi

Exclusive: General insurance firm Digit’s valuation crosses $4 Bn Kunal Manchanda & Gaurav Tyagi

General insurance provider Digit Insurance has raised Rs 417 crore led by existing investors Sequoia Capital and India Infoline. This appears to be a fresh round which values the five-year-old firm at over $4 billion.

Digit had raised Rs 121 crore in August 2021 from the TVS Growth Fund and high net worth individuals at a valuation of $3.47 billion. Entrackr had exclusively reported this at that time.

Digit has passed a special resolution to allot 12.7 million equity shares at an issue price of Rs 328 per share to raise Rs 417 crore, regulatory filings show. 

Continue reading Exclusive: General insurance firm Digit’s valuation crosses $4 Bn at Entrackr.

General insurance provider Digit Insurance has raised Rs 417 crore led by existing investors Sequoia Capital and India Infoline. This appears to be a fresh round which values the five-year-old firm at over $4 billion.
Digit had raised Rs 121 crore in August 2021 from the TVS Growth Fund and high net worth individuals at a valuation of $3.47 billion. Entrackr had exclusively reported this at that time.
Digit has passed a special resolution to allot 12.7 million equity shares at an issue price of Rs 328 per share to raise Rs 417 crore, regulatory filings show. 
Continue reading Exclusive: General insurance firm Digit’s valuation crosses $4 Bn at Entrackr. Exclusive, digit, funding, valuationEntrackr

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