Peak XV sells Go Digit shares worth Rs 139 crore via block deal
The latest sale follows another transaction in June, when Peak XV divested 33.33 lakh shares of Go Digit for around Rs 100 crore.
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The latest sale follows another transaction in June, when Peak XV divested 33.33 lakh shares of Go Digit for around Rs 100 crore.
The company's loss ratio increased to 73.3% during the quarter from 70.3% a year ago.
Net profit jumped 31% to Rs 116.51 crore in the three months ended September 30, 2025.
Go Digit added it plans to respond within the stipulated period, submitting supporting documents and evidence.
The insurer posted gross premium written growth of 12% to Rs 2,982 crore during the June quarter.
Apart from new investors coming in, existing shareholder General Atlantic is also expected to pick additional stake.