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Digit Insurance
4.0
based on 1.1k Reviews
Video summary
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Company Locations
Working at Digit Insurance
Company Summary
0
Overall Rating
4.0/5
based on 1.1k reviews
8% above
industry average
Highly rated for
Job security, Skill development, Company culture
Work Policy
Work from office
83% employees reported
Monday to Friday
73% employees reported
Flexible timing
55% employees reported
No travel
50% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
64 employees reported
Health insurance
60 employees reported
Cafeteria
44 employees reported
Office gym
25 employees reported
View all benefits
About Digit Insurance
Founded in2016 (9 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersBengaluru/Bangalore, Karnataka, India
Office Locations
Websitegodigit.com
Primary Industry
Other Industries
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View in video summary
We’re simplifying insurance products so that even a 15-year-old can comprehend them. We believe this can be changed; the way insurance products are viewed, purchased, and claimed. Simply put, we are here ‘To Make Insurance Simple.’
Mission: With simplicity as our mission, we are reimagining products and redesigning processes. We are going back to the basics and building simple and transparent insurance solutions, that matter to people.
AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
Digit Insurance won India’s Largest Employee Choice Awards in Tech Startups Companies Category.
#7 Top Rated Tech Startups
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Digit Insurance Ratings
based on 1.1k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
536
4
238
3
161
2
67
1
127
Category Ratings
4.0
Job security
4.0
Skill development
3.9
Company culture
3.8
Work-life balance
3.8
Work satisfaction
3.6
Salary
3.5
Promotions
Digit Insurance is rated 4.0 out of 5 stars on AmbitionBox, based on 1.1k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Digit Insurance
based on 1.1k reviews
3.7
Rated by 267 Women
Rated 3.9 for Job security and 3.8 for Skill development
4.0
Rated by 797 Men
Rated 4.0 for Job security and 4.0 for Skill development
Work Policy at Digit Insurance
based on 417 reviews in last 6 months
Work from office
83%
Hybrid
15%
Permanent work from home
2%
Digit Insurance Reviews
Top mentions in Digit Insurance Reviews
+ 5 more
Compare Digit Insurance with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 1.1k reviews | 3.7/5 based on 4.5k reviews | 3.6/5 based on 3.7k reviews | 3.8/5 based on 202 reviews |
Highly Rated for | Skill development Job security Company culture | No highly rated category | Salary | Salary Company culture |
Critically Rated for | No critically rated category | Promotions Work satisfaction | Work-life balance Company culture Promotions | No critically rated category |
Primary Work Policy | Work from office 83% employees reported | Work from office 81% employees reported | Work from office 86% employees reported | Work from office 67% employees reported |
Rating by Women Employees | 3.7 Good rated by 267 women | 3.5 Good rated by 1k women | 3.8 Good rated by 898 women | 3.6 Good rated by 50 women |
Rating by Men Employees | 4.0 Good rated by 797 men | 3.8 Good rated by 3.3k men | 3.6 Good rated by 2.6k men | 3.9 Good rated by 138 men |
Job security | 4.0 Good | 3.7 Good | 3.4 Average | 3.7 Good |
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Digit Insurance Salaries
Digit Insurance salaries have received with an average score of 3.6 out of 5 by 1.1k employees.
Software Engineer
(355 salaries)
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₹3.2 L/yr - ₹11.5 L/yr
Senior Associate
(220 salaries)
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₹3.4 L/yr - ₹9 L/yr
Deputy Manager
(154 salaries)
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₹6 L/yr - ₹17.5 L/yr
Junior Associate
(104 salaries)
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₹2.2 L/yr - ₹4.5 L/yr
Senior Software Engineer
(100 salaries)
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₹7 L/yr - ₹22 L/yr
Business Analyst
(86 salaries)
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₹5.2 L/yr - ₹15 L/yr
Management Trainee
(72 salaries)
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₹5 L/yr - ₹18 L/yr
Graduate Engineer Trainee (Get)
(53 salaries)
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₹4 L/yr - ₹5 L/yr
Software Developer
(53 salaries)
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₹4 L/yr - ₹13 L/yr
Relationship Manager
(50 salaries)
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₹2.4 L/yr - ₹6.6 L/yr
Digit Insurance Interview Questions
Interview questions by designation
Top Digit Insurance interview questions and answers
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Digit Insurance Jobs
Popular Designations Digit Insurance Hires for
Popular Skills Digit Insurance Hires for
Current Openings
Digit Insurance News
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Go Digit Invests INR 30 Cr In Dr Reddy’s
- Insurtech major Go Digit has invested INR 30 Cr in pharmaceutical major Dr. Reddy’s Laboratories, acquiring a 0.32% stake in the company.
- Go Digit is a full-stack digital insurance company that offers non-life insurance policies across various sectors.
- Dr. Reddy’s provides a portfolio of products and services in the pharmaceutical industry.
- The investment is part of Go Digit's ordinary course of the investment function of the company.
Inc42 | 26 Feb, 2025
Market slump hits new-age stocks; many trade below IPO price
- Stock prices of nearly half of the 15 new-age companies listed since 2021 are trading below their IPO prices, with companies like Paytm, Delhivery, and Honasa Consumer being top losers.
- The poor performance of these stocks may be attributed to company-specific issues and a broader market slowdown trend.
- Over 20 new-age companies are planning to go public, but the market slump could shorten their IPO window, as per ET reports.
- Factors like poor results, regulatory concerns, and foreign institutional investor pullout are influencing sentiment in the market.
- As per BSE data, Paytm's stock is more than 65% lower than its IPO price, recovering from a 52-week low of Rs 310 to close at Rs 734.20.
- Honasa Consumer, facing operational challenges, is trading 32% lower than its issue price, with Mamaearth sales on a decline.
- Nykaa and Delhivery are also impacted by macroeconomic factors, trading below their IPO prices.
- Zomato and PB Fintech have stood out as gainers, with Zomato trading nearly three times higher than its IPO price.
- PB Fintech's revenue growth and expansion have led to stock market premium, while Swiggy, FirstCry, and Ola Electric are trading below their IPO prices.
- Mobikwik and Go Digit General Insurance are trading higher than their issue prices, while Awfis, Blackbuck, and Ixigo are significantly above their IPO prices.
Economic Times | 25 Feb, 2025
Indian Startups with Unlisted Shares to Invest In
- India's startup ecosystem has seen remarkable growth, with over 100,000 startups registered by 2023.
- Emerging sectors like deep tech are driving the surge, attracting investments and innovation.
- Investing in unlisted shares of Indian startups can offer significant financial rewards.
- BoAt, a leader in consumer electronics, presents growth opportunities for investors with its market presence and financial performance.
- Digit Insurance's tech-driven approach in the general insurance industry and upcoming IPO make it an attractive investment option.
- Swiggy's expansion into quick commerce and strong brand loyalty position it as a key player in the food delivery market.
- OYO Rooms, known for budget-friendly accommodations, has filed for an IPO and shown profitability, making it a recognized brand for potential investors.
- Razorpay, a leading fintech company in payment gateways, offers strong growth potential with its industry leadership and diverse service offerings.
- Investing in Indian startups before they go public can yield significant returns, but it's essential to assess risks and conduct thorough research.
- Before investing in unlisted shares, consider factors like market competition, growth potential, and upcoming IPOs for informed decision-making.
Startup Story | 25 Feb, 2025
Go Digit Shares Surge 6% To INR 314.95 In Intraday Trading
- Shares of Go Digit surged 6% to INR 314.95 in intraday trading on the BSE.
- The stock ended in the green after five consecutive sessions of decline.
- Go Digit reported a net profit of INR 118.52 Cr in Q3 FY25, a YoY increase of 176.46%.
- The rally in Go Digit's shares came amid a decline in the broader market.
Inc42 | 14 Feb, 2025
Top 50+ Fintech Startups in India | Indian Fintech Startups in 2025
- Fintech has become an important part of the global economy, with all financial operations carried out through paperwork only, as the paper-based medium was considered the safest.
- India has the largest share of fintech startups through ‘payments’, followed by Wealth Tech, Fintech, Insurtech, and others.
- Paytm, Pine Labs, Razorpay, Groww, and Policybazaar make up the top five fintech startups in India.
- Other prominent fintech startups include BharatPe, Cred, CoinSwitch, and Digit Insurance.
- The fintech startups offer various services including payments, financing, insurance, investments, and loans.
- Some of the fintech startups use advanced technology such as AI, mobile integrations, and digital banking to make the process smoother and hassle-free.
- Zerodha, a discount broker for retail trading, is the largest fintech company in India in terms of active clients.
- One of the biggest challenges for fintech startups in India is to stay up-to-date on regulatory changes and compete with traditional brokers.
- Despite challenges, the future goals of fintech startups in India include expanding product offerings, enhancing financial literacy initiatives and improving technology infrastructure for scalability.
- Other notable fintech startups in India include Loanwalle, KreditBee, Sqrrl, and ClearTax.
VIE Stories | 11 Feb, 2025
Go Digit Q3 profit rises 2.8X amid strong premium growth
- Go Digit, a Fairfax-backed general insurance firm, reported a 2.8X increase in net profit for Q3 2024.
- The company attributed the profit growth to strong premium growth and operational efficiency.
- Go Digit's gross written premium for the quarter increased to Rs 2,676.78 crore, up from Rs 2,427.97 crore in the same period last year.
- The company's improved combined ratio, loss ratio, and expense ratio contributed to the overall profitability.
Yourstory | 23 Jan, 2025
Go Digit Q3 Profit Zooms 2.8X To INR 119 Cr
- Insurtech company Go Digit General Insurance reported a 176.46% increase in profit after tax to INR 118.52 Cr in Q3 FY25.
- The company witnessed a 10.24% rise in gross written premium (GWP) to INR 2,676.78 Cr in the quarter.
- Net premium written grew 5.13% to INR 2,084.14 Cr in Q3 FY25 from the previous year.
- Go Digit's assets under management (AUM) increased by 20.1% to INR 18,939 Cr as of December 31, 2024.
Inc42 | 22 Jan, 2025
FTSE Rejig: Bharti Hexacom, Go Digit General Insurance Join Ranks
- The FTSE stock rejig, set to take effect on Dec. 23, 2024, will include two new additions— Bharti Hexacom Ltd. and Go Digit General Insurance Ltd.
- Major BFSI players like ICICI Bank Ltd., Kotak Mahindra Bank Ltd., and Bajaj Finance Ltd. will see inflows of $310 million, $118 million, and $66 million, respectively.
- Adani Green Energy Ltd., Mahindra & Mahindra Ltd., and Shriram Finance Ltd. will face outflows of $48 million, $38 million, and $27 million, respectively.
- Shares of Go Digit were trading 4.18% up, while Bharti Hexacom saw a marginal increase of 0.92% in early trade.
Bloomberg Quint | 17 Dec, 2024
BSE, NSE impose fine on Go Digit
- BSE and NSE have imposed a fine on Go Digit General Insurance for failing to submit certain disclosures on time.
- The company will have to pay Rs 5,000 to the exchanges for not submitting XBRL submission of related party transactions for the half year ended September 30 within the stipulated time.
- Go Digit General Insurance, listed on Indian stock exchanges, provides insurance products across health, travel, and vehicle segments.
- The company reported a 3.2x surge in year-on-year profits in Q2 FY25, with total income increasing by 16.43%.
Yourstory | 14 Dec, 2024
LIC To Go Digit: Insurance Stocks Gain As Finance Ministry Proposes 100% FDI
- Shares of insurance companies in India advanced after the Finance Ministry proposed to raise the foreign direct investment limit to 100% from 74% earlier.
- The net-owned fund's requirement for foreign re-insurers is proposed to be reduced to Rs 1,000 crore from Rs 5,000 crore earlier.
- The proposed amendments primarily focus on promoting policyholders' interests, enhancing the financial security of the policyholders, and enabling ease of doing business among others.
- Shares of New India Assurance Co. rose the most followed by Life Insurance Corp. of India and Go Digit General Insurance Ltd.
Bloomberg Quint | 29 Nov, 2024
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Digit Insurance FAQs
When was Digit Insurance founded?
Digit Insurance was founded in 2016. The company has been operating for 9 years primarily in the Internet sector.
Where is the Digit Insurance headquarters located?
Digit Insurance is headquartered in Bengaluru/Bangalore, Karnataka. It operates in 2 cities such as Bangalore / Bengaluru, Pune. To explore all the office locations, visit Digit Insurance locations.
How many employees does Digit Insurance have in India?
Digit Insurance currently has more than 3,900+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Digit Insurance based on the number of reviews submitted on AmbitionBox.
Does Digit Insurance have good work-life balance?
Digit Insurance has a Work-Life Balance Rating of 3.8 out of 5 based on 1,100+ employee reviews on AmbitionBox. 69% employees rated Digit Insurance 4 or above, while 31% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Digit Insurance work-life balance reviews for more details
Is Digit Insurance good for career growth?
Career growth at Digit Insurance is rated fairly well, with a promotions and appraisal rating of 3.5. 69% employees rated Digit Insurance 4 or above, while 31% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Digit Insurance promotions/appraisals reviews for more detailed insights.
What are the pros of working in Digit Insurance?
Working at Digit Insurance offers several advantages that make it an appealing place for employees. The company is highly rated for job security, skill development and company culture, based on 1,100+ employee reviews on AmbitionBox.
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