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Economic Times
| 10dDigit to go public on May 15, looking to raise Rs 1,125 crore
Digit Insurance, a new-generation insurance company, is set to launch its initial public offering (IPO) on May 15, aiming to raise Rs 1,125 crore. The IPO comes after the firm filed its draft prospectus nearly two years ago. Digit Insurance had achieved a private market valuation of $4 billion in May 2022. However, the IPO size is slightly smaller than originally planned. Digit Insurance offers various insurance products and has a network of distribution partners. It joins other companies like Swiggy and FirstCry in going public.
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