Fair Valuation of the Leading Indian Online Insurance Aggregator for a Hedge Fund

Our client (Client) is a leading India-focused hedge fund making concentrated long-term investments across diverse sectors. As part of their portfolio, they have multiple investments in the Indian e-commerce industry, one of which being India’s Largest Online Insurance Aggregator.

For the purpose of financial reporting, the Client engaged Nexdigm to determine the fair market value of their investment in the said online insurance aggregator (Company).

After broadly reconciling the valuations under the methods mentioned above, we concluded that CCM was the most suitable method to arrive at the fair market value. We presented our findings along with the valuation conclusion to the client in a detailed valuation report.