Wednesday, July 23, 2025

Virat Kohli-Backed Startup Becomes Official Insurance Partner of Infosys.

Date:

Infosys, one of India’s largest IT services companies, has decided to provide health insurance for its entire workforce through Digit Insurance. This change means that about 320,000 employees, along with their families, will now receive health coverage from Digit Insurance, replacing the previous partnership with National Insurance Company (NIC). This move is notable across the corporate sector, as Infosys is well known for its employee welfare practices.

For many years, Infosys relied on National Insurance, a public sector insurer, as its health cover provider. However, the company now seeks a partner offering quicker, more efficient, and user-friendly digital services. Digit Insurance, a fast-growing private company, uses modern technology to simplify the process of purchasing insurance and making claims. This change shows that major companies now expect advanced digital support and prompt service for their staff.

With Digit Insurance as its new provider, Infosys employees can expect improvements such as:

  • Easier and quicker claims processing
  • The ability to monitor policies and track claims using digital tools
  • Access to new insurance plans and added benefits not previously available

These changes are likely to help employees and their families feel more secure about meeting healthcare expenses.

This development has increased competition in the group insurance market. Companies like ICICI Lombard, HDFC Ergo, SBI General Insurance, and New India Assurance are all keen to attract major clients such as Infosys. As a result, insurers are now focusing even more on offering digital solutions, better customer support, and competitive plans. This is encouraging, as it sets a higher standard of service industry-wide.

Infosys’ decision also sets an example that could influence other large IT companies—including TCS, Wipro, and HCL—to consider private insurers. With more firms seeking quicker digital service and seamless claims, the trend may shift away from traditional providers.

Recently, there has been growing interest in private insurers like Digit and ACKO as they reshape India’s insurance sector. Digit Insurance’s recent entry on Dalal Street via Initial Public Offering (IPO) further shows the company’s confidence in its business model and growth prospects.

In summary, Infosys choosing Digit Insurance is about more than just a new contract for health coverage—it is a strong signal that the company wants to give its employees the best possible support. In the highly competitive IT industry, good health benefits are a key reason for employees to stay with their employer. This latest move from Infosys will likely be observed closely by others in the sector.

Virat Kohli’s Investment in Digit Insurance and Returns After IPO

Renowned cricketer Virat Kohli is among the early investors in Digit Insurance. He invested ₹2 crore in the company in early 2020, acquiring 266,667 equity shares. Alongside him, his wife Anushka Sharma also invested ₹50 lakh, purchasing 66,667 shares. When Digit Insurance went public with its IPO in 2024, the value of their investments increased remarkably to about ₹10 crore.

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