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Kamesh Goyal, Chairman of Go Digit, discusses India s market penetration and the long-term growth opportunities. He emphasizes the responsibility of listing and future plans in the general insurance sector. In the next 5 to 10 years, even if we move from 1 to 1.3, 1.25% of the GDP, the opportunity for growth is just enormous. ....
Insurtech company Go Digit had priced its public issue at Rs 272 per share, and the modest rise in share price was in line with market expectations. ....
Analysts said Go Digit s position as the fastest-growing private non-life insurer by GWP in India positions it for continued success in the insurance market. The company s advanced technology platform and focus on innovation bode well for its future. ....
Ahead of the issue opening, the firm raised about Rs 1,176 crore in the anchor round, where Fidelity Investments, Goldman Sachs, ADIA, and Custody Bank of Japan were among the investors. ....