India’s Digit Insurance to Refile Papers for $440M IPO After Regulator Raises Concerns
Digit Insurance will refile papers for its $440 million initial public offering (IPO), the company told Reuters on Tuesday, after India’s market regulator raised certain compliance issues with employee stock plans in a private letter. It is the second such setback for Digit’s listing ambitions. The company, last valued at $3.5 billion by Sequoia Capital, … Read more