KAMESH GOYAL

The company's shares were up nearly 10% in the early trade on Wednesday, the stock closed at Rs 341,75, up 1% from the previous day. In the last quarter of FY24, Go Digit reported Rs 2,336 crore worth of gross premium collected, up 19.4% from Rs 1,9...

Go Digit General Insurance reported its second consecutive full year of profit in fiscal 2024. This and more in today’s ETtech Top 5.

Kamesh Goyal, Chairman of Go Digit, discusses India's market penetration and the long-term growth opportunities. He emphasizes the responsibility of listing and future plans in the general insurance sector. In the next 5 to 10 years, even if we move...

Shares of Go Digit General Insurance started trading on the stock market Thursday. More on this in today’s ETtech Top 5.

Analysts said Go Digit's position as the fastest-growing private non-life insurer by GWP in India positions it for continued success in the insurance market. The company's advanced technology platform and focus on innovation bode well for its future.

Go Digit's shares listed on NSE and BSE at a premium. The stock debuted at Rs 286 on NSE and Rs 281.1 on BSE, with strong interest from buyers.

The IPO, priced between Rs 258 to Rs 272 per share, will close on Friday. The company had reserved 9.6 million shares for retail investors.

Fidelity, Goldman Sachs, ADIA, Steadview Capital, SBI MF, ICICI Prudential MF and Axis MF are among the anchor investors that participated. Digit Insurance has set a price band of Rs 258 to Rs 272 per share for its initial public offering, which ope...

The retail portion of Digit Insurance's IPO was fully subscribed at 1.45pm. The company had reserved 9.6 million shares for retail investors in the issue that opened on Wednesday. The Rs 2,615-crore IPO comprises a fresh issue of Rs 1,125 crore and ...

Insurance startup Digit is set to hit the public markets on May 15, looking to raise Rs 1,125 crore through a fresh issue of shares and an offer for sale of 54 million equity shares.

Happy Tuesday! Ola Cabs founder Bhavish Aggarwal’s brother Ankush is back at the ride-hailing business. More on this in today’s ETtech Morning Dispatch.

In the unlisted market, the company's shares are commanding a healthy premium of Rs 50 in the unlisted market. The company has priced the IPO in the range of Rs 258-278 per share

Digit's upcoming IPO on May 15 aims to raise Rs 1,125 crore, delayed by Sebi compliance issues. Valued at $4 billion, Digit faced fines from IRDAI. With a new CEO, Digit is poised to enter the market.

Go Digit General Insurance's IPO, opening on May 15 and closing on May 17, includes a fresh share issue of Rs 1,125 crore and an OFS of 54,766,392 shares. Promoter Go Digit Infoworks, Virat Kohli, Anushka Sharma offload stakes.

Kohli will succeed Vijay Kumar, who has held the post since 2017, and will now retire from the company.

Digit Insurance is already settling 73% of its motor insurance claims through automation with software reading the invoice, driver’s licence and RC book in addition to doing damage assessment through photographs and videos.

This is the first external round of funding for the three-year-old company which was launched by insurance industry veteran Goyal in 2017, along with Watsa’s Fairfax Holdings.

Fairfax reduced its stake in ICICI Lombard in May this year. A month later, it backed Digit, a business that is being built by Allianz Insurance veteran Kamesh Goyal.

Lots of people are alleging that Ulips have very low (less than 3-4%) insurance element and that the government should specify a minimum percentage of the overall premium towards insurance cover.