Startup

Virat Kohli, Anushka Sharma invest in Digit Insurance

Updated : February 18, 2020 03:10 PM IST

Digit is a new-age general insurance firm started by Kamesh Goyal and backed by Canada-based Fairfax Group.

Kohli and Sharma together invested Rs 2.5 crore in the startup, as per the filings.

Bollywood actor Anushka Sharma and Indian cricket captain Virat Kohli have invested in new-age insurance startup Digit, as per filings sourced from business intelligence platform paper.vc.

Kohli and Sharma together invested Rs 2.5 crore in the startup, as per the filings. The funding by the two celebrities is part of the larger round of $84 million that the company had last month.

In January, Digit Insurance announced that it received approval from the Insurance Regulatory and Development Authority of India (Irdai) to raise $84 million from three growth equity investors -- A91 Partners, Faering Capital and TVS Capital.

Digit is a new-age general insurance company started by Kamesh Goyal and backed by Canada-based Fairfax Group. The company previously raised two rounds of funding amounting to $140 million.

The company claims that within 2 years of operation, it now serves more than 5 million customers and has achieved close to $300 million of annualised premium.

The company declined to comment on Kohli and Sharma’s investment.

Virat Kohli, Anushka Sharma invest in Digit Insurance

You May Also Like

Private equity major KKR to invest Rs 5500 cr in Reliance Retail for 1.28% stake

Stock Market Highlights: Market ends in red for 4th day, broader markets slip over 1%; all sectors end lower except IT index

Coronavirus News: Country's highest single-day COVID tests of 1.94 lakh conducted in Bihar, says Nitish Kumar

Trending on CNBC-TV18

recommended for you