Go Digit, an Indian insurance startup, has raised $141 million from dozens of investors as part of an initial public offering that starts on Wednesday. Fidelity, Goldman Sachs, Morgan Stanley, Abu ...
After the completion of the transaction, FAL Corporation will hold a 57.28 per cent stake in Go Digit General Insurance Ltd (GDGIL). The Competition Commission of India (CCI) on Tuesday approved the ...
The Supreme Court of India directed an increase in the mandatory third-party motor insurance coverage period for new vehicles.
Given the low penetration of general insurance in India, there is certainly enough room for Go Digit Insurance to capitalise with its digital-first approach, but how far is it from legacy players?
Go Digit delivered strong FY26 results with gross written premium (GWP) of INR 11,300 crore, up 16.2% YoY, and profit after tax of INR 179 crore (up from INR 106 crore YoY). ROE reached 17.7% for the ...
Go Digit General Insurance Ltd announced a standalone net profit of ₹86.39 crore for the quarter ended 30 June 2026, marking a significant decline from the ₹149.42 crore reported in the preceding ...
Go Digit General Insurance (BSE:GODIGIT) has announced impressive financial results for the third quarter of fiscal year 2026. The company, a key player in India’s digital insurance landscape, ...
IRDAI’s show cause notice comes at a time when Go Digit’s IPO is yet to receive final approval from the SEBI even after it refiled its DRHP recently The show cause notice alleged non-disclosure of ...
At present, third-party insurance for new cars is mandatory for three years, while new two-wheelers require five-year coverage. The Supreme Court had prescribed these periods in 2018.
The mutual fund acquired 57.21 lakh shares, or a 0.62 per cent stake, in Go Digit General Insurance through an NSE block deal at Rs 243 per share, while early investor Peak XV Partners continued to ...
BENGALURU, March 31 (Reuters) - India's Go Digit Insurance has re-filed draft papers for a $440 million initial public offering (IPO) after addressing the market regulator's concerns related to the ...