[Funding alert] Digit Insurance is raising $200M, valued at $3.5B

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Digit Insurance, a Bengaluru-based general insurance company offering health, car, bike, and travel insurance, is raising up to $200 million from existing investor Faering Capital and new investors Sequoia Capital India, IIFL Alternate Asset Managers, and a few others in its latest round of funding, subject to IRDAI approval. The company claims this to be one of the biggest funding…
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