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Digit Insurance

company

About

Digit Insurance is a financial services company that provides general insurance services.

  • 1001 - 5000

Highlights

Total Funding Amount
₹5.37B $70M
Funding Rounds
3
Investors
3
Investments
1

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
₹4.17B
Industries
Finance,Financial Services,Insurance,InsurTech
Founded date
Jan 1, 2016
Number Of Employee
1001 - 5000
Operating Status
Active

Digit is a general insurance company started by Kamesh Goyal and backed by the Fairfax Group. Its services include car insurance, travel insurance, home insurance, commercial vehicle insurance, and shop insurance.

The company is driven by a mission to reimagine products and redesign price processes.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
₹5.37B $70M
Digit Insurance has raised a total of ₹5.37B $70M in funding over 2 rounds. Their latest funding was raised on May 4, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 4, 2022 Series Unknown ₹4.17B 1 — — Detail
Jan 18, 2022 Series Unknown $70M 1 — — Detail
Aug 26, 2021 Series Unknown ₹1.20B 1 — — Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Digit Insurance has made 1 investments. Their most recent investment was on Jul 25, 2017, when Node raised $10.80M.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 25, 2017 Node
Series A $10.80M Artificial Intelligence —

Investors

Number of Lead Investors
Number of Investors
—
3
Digit Insurance is funded by 3 investors. IIFL Finance and Ithan Creek Master Investors are the most recent investors.
Investor Name Lead Investor Funding Round
IIFL Finance — Series Unknown
Ithan Creek Master Investors — Series Unknown
RS Filmcraft — Series Unknown
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