Digit Insurance Revenue and Competitors

Claim your profile

Bangalore, India

Location

$530.8M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Digit Insurance's estimated annual revenue is currently $119.1M per year.(i)
  • Digit Insurance's estimated revenue per employee is $104,000
  • Digit Insurance's total funding is $530.8M.
  • Digit Insurance's current valuation is $3.5B.

Employee Data

  • Digit Insurance has 1145 Employees.(i)
  • Digit Insurance grew their employee count by 21% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$75M82422%N/AN/A

A Fairfax backed company, started by Kamesh Goyal, Digit is here To Make Insurance Simple. With that as our mission, we are reimagining products and redesigning processes. We are going back to the basics and building simple and transparent insurance solutions, that matter to people. We call our employees, Simplifiers because that is their ultimate goal here. Our Chief Simplifiers are from insurance, tech and e-commerce, helping us shape this digital-first company. If you can think big but simple, hop on with us on this journey to change the insurance industry. You can contact us on our toll-free number 1800-258-5956 #GoDigit #Go Digit General Insurance Limited

keywords:Insurtech

$530.8M

Total Funding

1145

Number of Employees

$119.1M

Revenue (est)

21%

Employee Growth %

$3.5B

Valuation

N/A

Accelerator

Digit Insurance News

2020-01-21 - Digit Insurance gets IRDAI nod to raise $84 million from three growth equity investors

Digit Insurance has received approval from the Insurance Regulatory and Development Authority (IRDAI) to raise $84 million from three growth equity investors ― A91 Partners, Faering Capital and TVS Capital. This combined investment would take Digit’s total funding to $224 million. The new-age B ...

2021-07-02 - Digit Insurance raising $200 million in funding

Subject to IRDAI approval Insurtech startup Digit is raising up to $200 million with existing investor Faering Capital and new investors Sequoia Capital India, IIFL Alternate Asset Managers and a few others, in their latest round of funding. This is subject to IRDAI approval. “This will bring ...

2021-07-03 - India-based Insurance tech startup Digit Insurance raises US$ 200M at US$ 3.5B valuation

India-based Insurance technology startup Digit Insurance, a financial services company that provides general insurance services, will raise US$ 200 million at a valuation of US$ 3.5 billion on 2 July 2021. Digit has raised US$ 444.5 million to date. Investors: Existing investor Faering Capital ...

09/03/2019 - Long-term care insurance costs are way up. How advisors can help clients cope

Advisors are having difficult conversations with clients as they face the prospect of long-term care insurance premiums jumping by double digits ...

09/08/2019 - Hurricane Dorian, fires to cause double-digit insurance rate hikes

Moody's Investor Services estimates insurance rates will increase by approximately 15% as a result of Hurricane Dorian and catastrophic ...

09/03/2019 - Prem Watsa-backed Digit Insurance forays into ...

General insurance player Digit Insurance has tied up with Karur Vysya Bank (KVB) for bancassurance offerings. Backed by billionaire Prem ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$225.6M117231%N/A
#2
$116.7M119159%N/A
#3
N/A121623%N/A
#4
$131M12646%$700.1M
#5
$136.8M134892%N/A