Peak XV Partners’ Sale in Go Digit General Insurance

Peak XV Partners, known for its early investment in Go Digit General Insurance, recently sold shares amounting to Rs 100 crore in a block transaction on the National Stock Exchange (NSE) on Thursday. According to data from the NSE, Peak XV Partners, through its affiliate Peak XV Partners Growth Investments III, divested 33.33 lakh shares of Go Digit at Rs 300 each, resulting in a total transaction value of Rs 100 crore.

On the purchasing side, Aditya Birla Sun Life Mutual Fund acquired 21.66 lakh shares worth around Rs 65 crore, while JPMorgan, via its affiliate JPMorgan (Taiwan) Eastern Technology Fund, bought 11.66 lakh shares for Rs 35 crore. This sale represents another liquidity opportunity for Peak XV Partners, which has recently exited its stake in the fintech company Mobikwik through a block deal valued at Rs 130 crore.

Established in 2017, Go Digit General Insurance provides a variety of insurance products across sectors such as motor, health, travel, property, and other segments. As per the latest financial information, motor insurance remains the company’s primary revenue stream, followed closely by health and fire insurance. The company’s investor roster includes notable names like Faering Capital, Wellington Management, and TVS Capital Funds.

For the fourth quarter of FY26, Go Digit reported relatively stable growth in net premium revenue, amounting to Rs 2,301 crore. However, its profit after tax (PAT) saw a significant rise of 28% year-on-year, increasing from Rs 116 crore in the same quarter of FY25 to Rs 149 crore.

At the close of the last trading session on Thursday, shares of Go Digit were valued at Rs 309, leading to a market capitalisation of Rs 7,416 crore (approximately $780 million).