, Singapore
Stock photo. Credits to Unsplash.

Digit Insurance IPO put on hold by regulator

The IPO would have seen $160m raised for the insurer.

The Securities and Exchange Board of India has put on hold Digit Insurance’s initial public offering.

A regulatory document said that the IPO has been kept in "abeyance" and certain observations have been issued.

In August, Indian insurer Digit Insurance filed for an IPO to raise more than $160m. 

Founded in 2017, Digit Insurance is backed by Canadian billionaire Prem Watsa's Fairfax Group.

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Filipino gamers hold promise for FWD
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.