See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO

Posted on AllSides May 14th, 2024
From The Center

Go Digit, an Indian insurance startup, has raised $141 million from dozens of investors as part of an initial public offering that starts on Wednesday. Fidelity, Goldman Sachs, Morgan Stanley, Abu Dhabi Investment Authority, Bay Pond, Mirae Asset Management, Steadview Capital, and HSBC, as well as Indian mutual funds operated by SBI, ICICI, Axis, Tata and Edelweiss served as anchor backers for the IPO, Go Digit disclosed in a filing to the stock exchange. Founded by Kamesh Goyal, an ex-KPMG executive and insurance industry veteran, Go Digit sells auto, health,...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

More News about General News from the Left, Center and Right

From the Left

From the Center

From the Right