
Digit Insurance
Founded Year
2016Stage
Unattributed | AliveTotal Raised
$478.85MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+80 points in the past 30 days
About Digit Insurance
Digit Insurance is a digital insurance company. It offers an online platform for users to avail of various types of insurance services, including car insurance, life insurance, health insurance, and property insurance. The company was formerly known as Oben General Insurance. It was founded in 2016 and is based in Bengaluru, India.
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Research containing Digit Insurance
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Digit Insurance in 4 CB Insights research briefs, most recently on Oct 25, 2022.


Oct 4, 2022 report
The Fintech 250: The most promising fintech companies of 2022Expert Collections containing Digit Insurance
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Digit Insurance is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,215 items
Fintech 250
999 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Insurtech
4,033 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
3,897 items
Health Plans & Benefits Management
744 items
Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.
Insurtech 50
50 items
Latest Digit Insurance News
May 23, 2023
Mumbai, 23rd May 2023: TVS Capital Funds, one of the largest rupee capital growth equity funds, has promoted Gaurav Sekhri to the role of Partner as part of its ongoing efforts to institutionalise its operations. In the six years that Sekhri has been with TVS Capital Funds, he has led the B2B services vertical and has spearheaded investments in LEAP India, Digit Insurance, and Increff. Sekhri brings with him a wealth of experience in private equity and public market investments, having worked with companies such as Piramal Group, SBI Global Markets, ICICI Bank, and Bank of America. Commenting on Sekhri’s promotion, Gopal Srinivasan, the Chairman and Managing Director of TVS Capital Funds, said, “This is part of our continued efforts to institutionalise TCF and take the fund to the next level. I am confident that Gaurav’s expertise in B2B product software and logistics and his wealth of experience will continue to help TVS Capital in its focus on supporting next-generation entrepreneurs, to build successful businesses.” Gaurav Sekhri, Partner, TVS Capital Funds, expressed enthusiasm for his new role, saying, “I am delighted with this announcement. Will continue to work hard and stand committed to our focus of empowering next-gen entrepreneurs and delivering value to all our business partners.” TVS Capital Funds has raised around ₹3,500 Cr so far and continues to invest in tech-driven businesses in financial and B2B services. The company has been strengthening its leadership team with strategic additions such as Anuradha Ramachandran, as the Managing Partner – Investments, and Krishna Ramachandran, as the Managing Partner and COO. These moves are aimed at building robust institutional capability for the firm.
Digit Insurance Frequently Asked Questions (FAQ)
When was Digit Insurance founded?
Digit Insurance was founded in 2016.
Where is Digit Insurance's headquarters?
Digit Insurance's headquarters is located at Atlantis, 95, 4th B Cross Road, Bengaluru.
What is Digit Insurance's latest funding round?
Digit Insurance's latest funding round is Unattributed.
How much did Digit Insurance raise?
Digit Insurance raised a total of $478.85M.
Who are the investors of Digit Insurance?
Investors of Digit Insurance include Axis Bank, HDFC Bank, Sequoia Capital India, IIFL Finance, RS Filmcraft and 15 more.
Who are Digit Insurance's competitors?
Competitors of Digit Insurance include Acko General Insurance, PolicyGenius, Groundspeed, MobiKwik, Metromile, Alan, PolicyBazaar, Snapsheet, Next Insurance, Bright HealthCare and 14 more.
Compare Digit Insurance to Competitors

Collective Health is a health insurance service company. It provides employers with an integrated software platform that allows them to administer benefits plans and optimize investment all in one place. The company was founded in 2013 and is based in San Mateo, California.

Snapsheet offers a cloud-based digital claims management software platform. It helps in automating and managing appraisals, claims, and payments. The company was founded in 2011 and is based in Chicago, Illinois.
Groundspeed offers software-as-a-service (SaaS) based application submission and data services. The company uses machine learning for commercial insurance data automation to help brokers and carriers improve financial performance. The company was founded in 2016 and is based in Ann Arbor, Michigan.
Spruce provides real estate transactions. The company offers a digital dashboard for transaction management, a digital closing experience, application programming interface (API) integrations, and more. It offers its solutions to lenders, investors, relocation management, and more. The company was founded in 2016 and is based in New York, New York.

BIMA provides mobile-delivered insurance to mobile operators and insurance companies. The company also provides product development expertise, a distribution force, customer service with claims payment, and a mobile insurance platform. It was founded in 2010 and is based in Stockholm, Sweden.
Alan provides digital health insurance services. It develops subscription-based software for insurance. It serves companies, hotels, cafes, restaurants, and individuals. The company was founded in 2016 and is based in Paris, France.
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