Digit insurance

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With over 10+ years of experience in Product management within the insurance and Fintech sector, I’ve realized that product management is still not understood/defined well as a role. I’m open to all sort of queries.

Ex-Policybazaar Product Head #AMA

Product Owner

Launched Jobsurance for every employee. India's first Income Protection Plan.

Founder

Welcome to News Discussion's Private Community

Goldman Sachs has set a price target of INR 2,800 on MapmyIndia's stock, implying an upside of almost 40% from its close on Wednesday.

Here's why this matters:

1/ Riding the Digital Wave: MapmyIndia isn't just mapping streets; it's mapping India's digital transformation. From smart cities to autonomous vehicles, the company is at the intersection of critical growth sectors.

2/ The Numbers Tell a Story:
- 35% YoY revenue jump to INR 379.4 Cr
- 25% profit growth to INR 134.3 Cr
- Projected 38% revenue CAGR (FY24-FY27)
These aren't just figures; they're proof of a scalable, profitable model in a sector where growth often comes at the cost of profitability.

3/ Beyond Navigation: MapmyIndia's expansion into telematics and government digitization signals a pivot from being a map provider to becoming a critical digital infrastructure player.

4/ The 40% Upside Question: Goldman's target implies MapmyIndia is significantly undervalued. Is the market missing something, or is Goldman overly optimistic?

5/ The Bigger Picture: MapmyIndia's success could be a bellwether for India's broader tech ecosystem, showcasing the potential for homegrown companies to dominate in niche, high-growth sectors.

🍇 for Thought: Goldman Sachs' bullish outlook on MapmyIndia challenges the notion of Google Maps' invincibility in the geospatial landscape. Despite Google's global dominance, MapmyIndia's projected growth suggests there's significant value in localized, specialized mapping solutions, especially in sectors like automotive and government. This highlights the potential for homegrown tech companies to carve out lucrative niches in markets traditionally dominated by global giants. However, MapmyIndia's ability to sustain its growth and fend off competition from both local and international players will be crucial in determining whether it can truly rival Google's influence in India's digital mapping ecosystem. 🗺️🇮🇳

Image Credits: Inc42

Goldman Sachs Sees 40% Upside In MapmyIndia; Stock Hits 20% Upper Circuit

Journalist

Hey everyone!

I'm currently working as a Product Manager at a well-known insurance firm. After being in this industry for a while, I've realized it's not the right fit for me and I'm looking to make a switch. However, with the tough market conditions, I haven't had much luck finding new opportunities. I'm really interested in transitioning to tech-related Product Management, Marketing, or Strategy roles, but most job postings require 2-4 years of industry-specific experience in tech.

I've also heard from colleagues that it can be difficult to switch industries when you have a background in insurance. This has left me feeling a bit demotivated and unsure about my prospects. 

I would love to hear any advice or suggestions on how I can better prepare myself for these roles and increase my chances of landing a new opportunity. 

A little bit about my background: I have a B.Tech in Computer Science and an MBA from IIM and 1 year of professional experience

Thanks in advance for any help you can provide!

Insurance to Tech - career transition

Product Manager

Welcome to Indian Startups's Private Community

IRDAI has not published their numbers since Nov 2022. How to get the data after that for monthly premiums category and insurer wise

Query to Insurance (Acko/Digit) folks

Welcome to Personal Finance's Private Community

According to me the following are must have in order of importance:

1. Personal Accident Insurance
2. Critical Illness Cover
3. Health Insurance 
4. Car/Bike Insurance
5. Term Life Insurance

Please feel free to suggest other products, if I have missed any.
Also please suggest any recommended insurance providers for those products.

Insurance products that are Must Have

Actuarial Associate

Welcome to Consulting's Private Community

Anyone here gone through digi-verification that involves sharing login credentials for ITR and EPFO logins.

Digi-verification

Software Test- QA

Hello everyone,

I hope this post finds you all well. I am a clinical microbiologist with a strong interest in technology and its potential to transform healthcare. While I do not have a background in programming, I have a basic understanding of coding and have dabbled in HTML as a teenager (it's a markup language, I know 😄) and Python in the past.

After spending many years in medicine, I am looking to explore if I can create any value in the tech industry, specifically in the field of health tech. I am reaching out to this community for any help or guidance that you can provide me with like who to connect with or what jobs would be a good fit.

I am particularly interested in connecting with individuals who have successfully made the transition from medicine to technology or who are working in health tech roles. Any advice or insights you can offer would be greatly appreciated.

Thank you for taking the time to read this post, and I look forward to hearing from you.

Doctor exploring roles in tech

Software Engineer

Welcome to Software Engineers's Private Community

I have seen from the place I work at that growth (in terms of monetory benefits and opportunities) is much better for SDE folks than Data Science people.

1. For freshers it's easy to learn to write css and get complete responsibility of a task henceforth on completion getting more recognition and praise than in Data Science. Good tasks are almost never given directly to freshers due to steep learning curve in the field hence leading to lower growth rate.

2. SDE folks generally have tasks divided into sprints which make them a lot more easily trackable and appreciable at reviews, whereas in DS at least at the place I have worked tasks are given haphazardly and almost never account to much while reviews.

3. Another observation is that folks who have worked for about 3-4 years in SDE profiles have now become team leads whereas DS folks have not been promoted at the same pace 

Looking at all this, in my opinion data science folks are treated as second class citizens as compared to sde folks.

All this might not be true for all the firms, and I want to know if anyone else has some views on this.

I'm frustrated!

Digit insurance

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