Announced
Completed
Financials
Sources
Tags
Minority
insurtech
Completed
Insurance Brokers
Venture Capital
Private
insurance services
Acquisition
Private Equity
India
Friendly
Single Bidder
Domestic
Synopsis
Private equity firms Faering Capital, Sequoia Capital and IIFL Alternate Asset Managers, led a $200m funding round in Digit Insurance, an insurtech startup. The funding comes at a time when risk investors are aggressively seeking a piece of India’s burgeoning online insurance industry, which is gaining from the transition to a digitized economy.
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