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Here Are The 17 Indian Startups That Entered The Unicorn Club In 2021

Here Are The 17 Indian Startups That Entered The Unicorn Club In 2021
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.

United arab emiratesUnited statesUnited kingdomRepublic ofNew zealand generalNew zealandTamil naduKamesh goyalBeerud shethVasant sridharRajesh yabajiAbu dhabiKrish subramanianNakul aggarwalNeeraj singhIndian saa

Digit Insurance valued at $3 5 billion, raises $200 million

Digit Insurance valued at $3.5 billion, raises $200 million Top Searches Digit Insurance valued at $3.5 billion, raises $200 million Mayur Shetty / TNN / Updated: Jul 3, 2021, 10:08 IST FacebookTwitterLinkedinEMail MUMBAI: Canadian billionaire Prem Watsa-backed Digit Insurance has achieved a valuation of $3.5 billion with its latest fundraising round of $200 million from existing investor Faering Capital and some new ones like Sequoia Capital India and IIFL Alternate Asset Managers. The investment is subject to regulatory approvals. With this round of funding, the total capital infusion into Digit has crossed Rs 3,000 crore the highest for any non-life company in India. The fundraising follows a 44% growth in premium to Rs 3,243 crore. Insurance companies need to set aside capital for solvency in proportion to the business they write.

Kamesh goyalVirat kohliPrem watsa backed digit insuranceFaering capitalSequoia capital indiaDigit insuranceNew india assuranceGeneral insuranceகமேஷ் கோயல்விராட் கோஹ்லிசீக்வோயா மூலதனம் இந்தியாஇலக்க காப்பீடுபுதியது இந்தியா உறுதிஜநரல் காப்பீடு

Start-ups raise over $450 millon in a day amidst strong investor sentiment- The New Indian Express

Start-ups raise over $450 millon in a day amidst strong investor sentiment On Friday, start-ups raised more than $450 million from a pool of investors, signalling strong tailwinds for the ecosystem which so far this year saw the birth of 14 unicorns. Share Via Email | A+A A- By Express News Service BENGALURU: With the second wave of Covid-19 slowly ebbing, investors seem to have started focusing on sectors beyond ed-tech, food delivery and life sciences that have been predominantly attracting big cheques since last year. On Friday, start-ups raised more than $450 million from a pool of investors, signalling strong tailwinds for the ecosystem which so far this year saw the birth of 14 unicorns.

Kamesh goyalBrunei investment agencyNews serviceExpress newsDigit insuranceSequoia capitalFaering capitalMultiples privateCalifornia based griffinGaming partnersகமேஷ் கோயல்செய்தி சேவைஎக்ஸ்பிரஸ் செய்திஇலக்க காப்பீடுசீக்வோயா மூலதனம்கேமிங் கூட்டாளர்கள்

Kohli-backed Digit Insurance soars in valuation after capital influx

Kohli-backed Digit Insurance soars in valuation after capital influx
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New delhiKamesh goyalVirat kohliSequoia capitalDigit insuranceFaering capitalAsset managersபுதியது டெல்ஹிகமேஷ் கோயல்விராட் கோஹ்லிசீக்வோயா மூலதனம்இலக்க காப்பீடுசொத்து மேலாளர்கள்

Digit Insurance: Insurtech startup Digit eyes $3 5 billion valuation with new funding

Synopsis Digit’s fundraising comes at a time when rival Acko is said to be in advanced talks to raise $200 million to become a unicorn, thus underscoring the heightened investor interest in India’s insurtech space. ETtech Digit’s funding round one of the largest in India’s general insurance industry will propel the startup into the ranks of the most valued ‘insurtech’ ventures in South Asia. (Illustration: Rahul Awasthi/ETtech) 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.

Kamesh goyalVirat kohliInsurance regulatory authority of indiaPrem watsa backedSequoia capital indiaAsset managersFaering capitalInsurance regulatory authorityகமேஷ் கோயல்விராட் கோஹ்லிகாப்பீடு ஒழுங்குமுறை அதிகாரம் ஆஃப் இந்தியாசீக்வோயா மூலதனம் இந்தியாசொத்து மேலாளர்கள்காப்பீடு ஒழுங்குமுறை அதிகாரம்