Digit Journey

Digit's Founder and History

Digit is a one of the largest Insurance platform which offer different kinds of insurance services to its customers.

It's included in the list of largest Fintech - General Insurance of India.

Initially it founded a general insurance platform by its founders but currently it also offer health insurance services.

It founded in December, 2016 by Kamesh Goyal as digital insurance platform.

It launched by founders with a headquarters at Pune, Maharashtra, India.

Digit's was founded its parent company Go Digit Infoworks Services Private Limited.

We all know that the insurance sector is a growing sector in India as well as abroad. Also it's a sector which help businesses to earn highest profits or revenue.

Kamesh Goyal also knows in that time that the future of insurance business is going to be bright.

So that's why they start thinking about to start a digital platform for attracting insurance customers.

In start Kamesh Goyal takes lot of time to understand the insurance market, so that the platform he going to launch can tackle with the market needs.

Initially the founder Digit's, start only selling general insurance plans by their platform.

Because the founder of Digit knows very well that the profit margin is higher in the general insurance business, so that's why the choose it as their starting product or services.

Digit Products and Services

The company also added lot of other kind of products and services with its year to year growth.

Currently if we see the official website of Digit, then we will going to find out that the company is currently offering multiple kinds of insurance schemes which also include health scheme as well.

Some of the major insurance products and services offered by Digit to its customers are like Motor Products, Bike Insurance, Car Insurance, Health Insurance and so on.

By offering these products and services to its customers, it also become a part of unicorn club of India.

Digit Unicorn Status

Digit takes total 5 years of time to become a unicorn of India, or to become a successful startup.

It become a unicorn or achieve a status of unicorn in January, 2021 with its entry level valuation of 1.9 billion dollars.

With the funding of last round in Digit's, the valuation of Digit's reached up to 4 billions dollars.

Digit Investors

Some of the investors who invested in Digit with this valuation or any other valuation are like Fairfax Holdings, A91 Partners, Faering Capital, TVS Capital.