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Startup Atlas · Fintech

Go Digit General Insurance ListedUnicorn

Go Digit General Insurance Limited Bengaluru, Karnataka Founded 2016 godigit.com ↗
Kamesh Goyal · Founder & Chairman
$771.4 MnTotal funding (tracked)
7Funding rounds
15 May 2024Last round
4,534Team size (sourced)

Go Digit General Insurance: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Simple, transparent insurance

Digit's stated mission is to make insurance simple and transparent rather than just simple-looking, with easy-to-understand policies and streamlined claims.

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Totally paperless, digital-first experience

Policies are bought, administered and claims processed completely online via the website and Digit App, positioned as 'Super-Simple Claims' and 'Totally Paperless'.

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Customer Segments

Retail individual customers

Consumers buying motor (car, two-wheeler), health, travel, and home insurance directly online.

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Business/commercial customers

Businesses purchasing workmen compensation, contractors all risk, plant & machinery, D&O liability, professional indemnity, and marine cargo insurance.

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Mass retail base

Digit states it is 'Trusted by 7 Crore+ Indians' (70 million+ customers).

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Customer Relationships

Self-service digital app and website

Customers manage policies and claims via the Digit App and website; the app is rated 4.8/5 on Google Play with 37K+ reviews and 7K+ reviews on the App Store.

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24/7 claims support

Digit advertises '24X7 Support, Anytime, Anywhere!' across motor, health, travel and grievance claims contact channels.

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Channels

Website and Digit App

Direct-to-consumer digital channel where customers buy, administer policies and file claims entirely online.

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Agent/partner network

Digit states '80000+ Partners have joined Digit' as Individual Agents, POSPs, Corporate Agents, Brokers, and Web Aggregators.

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Key Activities

Digital underwriting and policy issuance

Direct-to-consumer underwriting across motor, health, travel, property and commercial lines via online/app-based purchase flows, cutting out traditional agent-heavy distribution costs.

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Claims processing and settlement

End-to-end digital claims handling across motor, health, travel and grievance channels with 24/7 support.

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Key Resources

No cited public information yet.

Key Partnerships

Fairfax Financial Holdingsslightly more than 45% stake in the parent entity

Canadian billionaire Prem Watsa's Fairfax Financial Holdings is Digit's largest strategic backer, investing in the company's earliest rounds (2017, 2018) and remaining promoter/major shareholder through IPO.

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Agent, POSP, broker and web-aggregator network

Over 80,000 partners (individual agents, POSPs, corporate agents, brokers, web aggregators) distribute Digit's products alongside its direct digital channel.

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Revenue Streams

Motor insurance premiums39% of FY24 GWP (third-party motor)

Car, two-wheeler and commercial vehicle insurance; third-party motor insurance was the largest contributor to FY24 GWP at 39%, followed by own-damage motor at 22%.

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Health, travel and personal accident premiums

Health, OPD, super top-up, travel and personal accident insurance products contributed to sharp GWP growth in FY24.

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Property, marine and business insurance premiums

Home/property, fire, burglary, marine cargo, D&O, workmen compensation and other commercial insurance lines.

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Investment income

Income earned from investments, e.g. ₹726 crore in FY23.

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Cost Structure

No cited public information yet.

FAQs on Go Digit General Insurance

What is Go Digit General Insurance's business model?

Go Digit General Insurance's core value proposition centers on Simple, transparent insurance, Totally paperless, digital-first experience.

How does Go Digit General Insurance make money?

Go Digit General Insurance's cited revenue streams include Motor insurance premiums, Health, travel and personal accident premiums, Property, marine and business insurance premiums, Investment income.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.godigit.com · Last verified 15 Jul 2026. · Report a correction