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Digitinsurance valued at 3.5 billion with its recent funding.

The insurance tech startup who was the first unicorn of this year 2021 with funding of $200 million from investors such as Faering, Sequoia has raised another Rs 121 crore of funds from TVS Growth Fund and high net worth individuals.

Existing investor TVS Shriram Growth Fund has led the round. Other individuals include Kunal Shah, Saujanya Shrivastava ( CBO, MMT), Susheel Tejuja (owner Landmark Insurance brokers), Sachin Pillai (MD & CEO Hinduja Leyland Finance), Anil Arora (CEOAce Insurance Brokers) participated in the round.  

Digit Insurance is a Bengaluru-based Insurance company that was founded by Vijay Kumar and Kamesh Goyal in the year 2016 where Vijay is currently a CEO and Kamesh is the chairman.

Go Digit General Insurance is a leading non-life general insurer in India that is backed by Fairfax Financial Holdings Limited, a well-known Canada-based diversified financial services group that is operating in more than 30countries. Digit General Insurance Company simplifies health insurance for individuals which makes the process of insurance easier with its mobile-friendly application

With various accolades, few are, it has Won General Insurance Company of the Year, Asia – 2019 & 2020. Insurance Start-up of the Year, India – 2020 and is a Great Place to Work-Certified organization! 

What do you think?

Written by Ravi Tilekar


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