Digit Insurance

Digit Insurance is one of the leading General Insurance company in India on a mission to Make Insurance Simple for people.

Digit offers various insurance policies for Car, Health, Travel, Bike, Home, Commercial Vehicle, Mobile, Jewellery etc as per your needs at an affordable rate.

Digit Insurance was founded in 2016 by Kamesh Goyal. The company is headquartered in Bangalore, Karnataka, India.

 

Digit has expanded through direct channel partners, including ecommerce companies such as Amazon and Flipkart, and a network of 1,500 partners including agents, brokers and dealer. It has also partnered with private lenders Karur Vyasa Bank and Singapore-based DBS Bank to sell its product in a bancassurance model.

 

Digit Insurance is backed by Fairfax Financial Holdings, A91 Partners, Faering Capital, TVS Capital and others. The company raised $84M iin a private equity round on Jan 21, 2020. This brings Digit's total funding to $178M to date. The latest round also gives the company a $870M in valuation.

 

 

  • Year founded: 2016
  • Funding Info: $178M over 3 Rounds (Latest Funding Type: Private Equity)
  • Yearly Revenue: NA
  • Employee Size: 501-1000
  • Business Valuation: Valued at $870M as of Jan 21, 2020
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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