Digit Insurance - Fintech Company
To change people's opinions of insurance products, an insurance company named Digit Insurance, which was founded in 2016 has committed to everyone.
The initial round of funding for Digital Insurance in 2020 received a $340K investment from the Indian celebrity couple Virat Kohli and Anushka Sharma.
The cause is that more than 20 lakh people in India have invested in health insurance to protect themselves from diseases including malaria, chikungunya, dengue fever, and COVID-19. Digit, a Bangalore-based business, broke even in 2020 because to lower operational costs and strong commercial KPIs. Despite challenges facing the insurance business as a whole, the company was able to raise revenue by 30% in 2020, according to chairman Kamesh Goyal.
The "Hottest Startups in India 2019," "Asia's Best General Insurance Company of the Year 2019," "Fintech 250 List," and other accolades have all been granted to Digit. Additionally stating that the monies will be used for technological advancements and corporate expansion.