Digit Insurance, backed by Indian skipper Virat Kohli, has attracted $200 million investment from existing and new investors which has helped rocket its valuation to $3.5 billion (approximately Rs 26,000 crore).

The influx of capital from existing investor Faering Capital and new investors Sequoia Capital and IIFL Alternate Asset Managers has almost doubled the valuation of the financial technology firm from $1.9 billion in January when the company had received its last funding.