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Prem Watsa-Backed Digit Is Valued At $3.5 Billion. Here's How It Compares With Peers
From entering the unicorn club earlier this year, Digit is now valued at $3.5 billion.
12 Jul 2021, 08:27 AM IST
Digit General Insurance Co., a startup offering health to motor covers online, is now valued close to India’s biggest non-life insurer by gross premium.The three-year-old online venture, backed by billionaire Prem Watsa, raised funds at a valuation of $3.5 billion (Rs 26,000 crore) last week, about six months after it turned a unicorn in January. That's close to the Rs 27,826.5 crore worth of market capitalisation for state-run New I...
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