Insurance Company Digit Becomes First Indian Unicorn Of 2021

Digit Insurance, a leading general insurance company, has become the first Indian Unicorn of 2021 with a market value of $1.9 billion. Reportedly, the insurtech startup registered a growth of 31.9% in 2020. The company had introduced many policies during the pandemic to insure people against COVID-19 and vector-borne diseases. Founded in 2016, Digit Insurance was the only Indian company to be featured in the global Fintech 250 list by CB Insights last year.