Highlights

  • Digit Insurance was founded in October 2017
  • Digit has served more than 20 Mn customers
  • Offers insurance across car, bike, health and travel insurance segments

Latest news

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Virat Kohli backed Digit Insurance files for IPO

Digit Insurance would be eligible for going public post-October 2022

Virat Kohli-backed Insurtech unicorn Digit Insurance has filed its DRHP for an initial public offer as early as Diwali this year.

According to reports, the IPO is likely to open after October 2022, in which shareholders will sell up to 109.4 million shares. The regulator Insurance Regulatory and Development Authority (IRDAI) mandates insurtech companies to be at least five years old before going public.

Also Watch/Read: Indian cricket great deems chatter around dropping Virat Kohli ‘premature’

The public offer makes Digit Insurance the second insurtech startup to go public after Policybazaar did so last year.

About Digit Insurance

Founde by Kamesh Goyal in 2017, the Bengaluru-based Digit Insurance began its journey to sell primarily motor and travel and property insurance.

Asia Cup 2022: Virat Kohli starts training for the multi-nation tournament after a month's break

Currently, Go Digit Infoworks holds a majority stake in Digit Insurance. Shareholders of Go Digit Infoworks include Kamesh Goyal, Oben Ventures (Kamesh+Sameer Bakshi’s company), and FAL Corporation (part of Prem Watsa's Fairfax Holdings).

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