Round Type
IPO
MumbaiTravelInsurtechInsuranceDescription
GoDigit Life, the life insurance business of GoDigit Insurance has raised equity funding from two major private sector lenders Axis Bank and HDFC Bank. In an exchange filing on Saturday, both banks said that they have signed definitive agreements with GoDigit Life Insurance to invest around Rs 70 crore each over two tranches. The first tranche of Rs 10.9 crore has already been infused, they said.The two banks have will acquire around 9.9% of the life insurance company, taking their total shareholding to almost 20%. GoDigit is yet to receive a final nod from the insurance regulator for its life insurance license
Quick answer
Go Digit Infoworks Services raised an undisclosed amount in a IPO round, dated April 24, 2023. Go Digit Infoworks Services is based in Mumbai, Maharashtra, India.
- How much did Go Digit Infoworks Services raise?
- Go Digit Infoworks Services raised an undisclosed amount in a IPO round on April 24, 2023.
- What does Go Digit Infoworks Services do?
- Go Digit Infoworks Services was the holding company for Go Digit General Insurance.
- Where is Go Digit Infoworks Services based and how big is it?
- Go Digit Infoworks Services is based in Mumbai, Maharashtra, India.
- Who are the decision-makers at Go Digit Infoworks Services?
- Fundz holds 1 contact at Go Digit Infoworks Services, including the Associate Vice President. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Travel and Insurtech around the same time
Companies in the same sectors as Go Digit Infoworks Services that raised within 45 days of this round, from Fundz verified event records.
- Acko raised $120M (Funding Round) on March 29, 2023.
- Axle raised $4M (Seed) on April 13, 2023.
- Nsure.com raised an undisclosed amount (Corporate Round) on April 11, 2023.
- Insify raised $11M (Funding Round) on June 8, 2023.
- Incline P&C Group raised an undisclosed amount (Private Equity) on June 8, 2023.
- The Green Coffee Company raised $25M (Series C) on June 8, 2023.
Who to call at Go Digit Infoworks Services, and when
A new round usually means Go Digit Infoworks Services is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Go Digit Infoworks Services raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Go Digit Infoworks Services, from your own LinkedIn network
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Related People
Go Digit Infoworks Services raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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