Digit Insurance
“Can a smartphone-first digital insurer become the default general + life insurance carrier for India's rapidly digitizing middle class?”
Founded2016
HQBengaluru, Karnataka, India
FoundersKamesh Goyal
Latest roundIPO (2024)
IndustryFintech / Insurtech
The story
Founded 2016 by insurance industry veteran Kamesh Goyal as a digital-first general insurer in India, targeting low non-life insurance penetration. Built a smartphone-first claims experience (self-inspection, app-based claims) for motor, health, travel, and accidental insurance. Listed on BSE/NSE in 2024 after raising $141M from anchors. Expanded into life insurance via Go Digit Life Insurance, becoming a multi-line digital insurer.
Product timeline
2016
Incorporated as Oben General Insurance Ltd. by Kamesh Goyal· founding
2017
Launched Go Digit General Insurance with IRDAI license· banking
2019
Partnered with ZestMoney to offer embedded insurance to lending customers· partnership
2024
IPO on BSE/NSE; raised $141M from anchor investors· ipo
2024
Launched Digit Life Insurance (godigit.com/life)· pivot
Regulated entities
2
regulatory licences held by Digit Insurance
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Digit Insurance’s embedded-finance stack
Payments / PSP
Digit Insurance premium collection (self-operated)
Lending
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.