Go Digit Q1 profit declines 37% YoY to ₹86.4 Cr

Go Digit's Q1 profit slumped 37.5% to ₹86.4 Cr from ₹138.3 Cr in the prior year. Insurtech profitability is inversely correlated with competitive intensity; expect a consolidation wave as players with tech advantages (pricing, claims processing) acquire or absorb those relying on raw distribution.

Source: Inc42 ↗