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Digit Insurance to raise $200 million Updated: Updated: Round would peg Fairfax-backed general insurer’s valuation at $3.5 billion Share Article Round would peg Fairfax-backed general insurer’s valuation at $3.5 billion Digit Insurance is raising up to $200 million from existing and new investors in a round that pegs the Fairfax-backed general insurer’s valuation at $3.5 billion. The fund raising, from existing investor Faering Capital and new investors Sequoia Capital India, IIFL Alternate Asset Managers and a few others, is subject to insurance regulator IRDAI’s approval. It is one of the biggest funding rounds in the Indian insurance industry, bringing the total capital infused into Digit to $442 million. In a smaller funding round in January 2021, it was valued at $1.9 billion, the company said.

Kamesh goyalPrem watsaVirat kohliFairfax financial holdingsDigit insuranceFaering capitalSequoia capital indiaAsset managersFinancial holdings chairman prem watsaகமேஷ் கோயல்பிரேம் வாட்சாவிராட் கோஹ்லிஃபேர்ஃபாக்ஸ் நிதி ஹோல்டிங்ஸ்இலக்க காப்பீடுசீக்வோயா மூலதனம் இந்தியாசொத்து மேலாளர்கள்