
Affirma leads $217m investment in Korean digital insurer

Affirma Capital has led a KRW 300bn (USD 217m) funding round – at a valuation of KRW 1trn – for Carrot General Insurance, a South Korea-based digital insurer.
The round comprises two tranches: a KRW 175bn portion has already closed and an additional KRW 125bn will come during the fourth quarter. It features several investors from Carrot’s previous two rounds...
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