IPO News: Bangalore-based company GoDigit provides digital insurance services for health, cars, and travel. There are around 75 products available in the market to choose from, and you can select insurance according to your needs and preferences. Talking about the company’s financials, the company saw a profit of Rs 355 Cr in FY23. In just one year, it has gained a growth of around 1300% in net profit.
The insurance company intends to use the net proceeds to strengthen its capital base and maintain its solvency levels. In 2020, cricketer Virat Kohli bought 2.66 lakh shares of the company for Rs 2 Cr, and his actress wife Anushka Sharma invested Rs 50 lakh through a private placement.