Company: Go Digit Page 1 / 1
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- March 4 2024
Fairfax-backed Go Digit gets Indian market regulator’s approval for IPO: report
The digital insurer is targeting a May public offering, which will be a mix of US$150m in new shares and a secondary sale of 109m shares by founding shareholders.
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- February 16 2024
Short-seller report on Fairfax muddies the waters for Go Digit’s IPO prospects
Research by activist Muddy Waters casts doubts on the Indian insurtech's valuations, technology credentials, and claims that it will likely lead to a down round listing.
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- February 14 2024
Fairfax-backed Go Digit gets IRDAI approval for US$150m IPO
The Indian digital insurer's listing plan was delayed after the insurance regulator issued a show cause notice in October 2023, the latest clearance from the insurance regulator now clears one hurdle in its path towards an IPO.
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- November 29 2022
IRDAI approves Go Digit’s IPO
The Fairfax-backed insurer will raise about US$440m from the public offering.
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- August 17 2022
Go Digit’s IPO to offer partial exit to founders
Fairfax and Kamesh Goyal will sell a combined 109 million shares through the listing.
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- June 15 2022
Digit Insurance seeks to become India’s second domestic reinsurer
Any move to compete with GIC Re needs final approval by the regulator.
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- May 26 2022
India’s Digit Insurance seeks US$500m IPO: report
The company plans to file its prospectus to the market regulator by September.
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- January 17 2022
India’s Digit Insurance narrows full year losses: report
The digital player recorded strong revenue growth for the FY 2021 financial year.
