Digit Insurance -- a general insurance company backed by cricketer Virat Kohli -- that offers health, car, bike, and travel insurance, is raising up to $200 million with 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.
This is one of the biggest funding rounds in the Indian insurance industry bringing the total capital infused into Digit Insurance up to $442 million, valuing the company at $3.5 billion.
Startup Street spoke to Kamesh Goyal, Chairman and founder of Digit Insurance to find out all about the fund raise and the road ahead.
Also watch Startup Street in conversation with Abhay Hanjura, Co-Founder of Licious who spoke about the company's $192 million Series F fund raise.
Watch the video for the entire discussion.