New Delhi, The Competition Commission of India (CCI) on Tuesday approved the proposed amalgamation of Go Digit Infoworks Services Pvt Ltd with Go Digit General Insurance.
Under the proposed transaction, Go Digit Infoworks Services, the holding company of Go Digit General Insurance, will be amalgamated with the insurer, which will be the surviving entity, the regulator said in a release.
Go Digit Infoworks is not engaged in any market-facing business activity in India or overseas, while Go Digit General Insurance provides various general and health insurance products and services in India, with a specialised focus on general insurance.
“Commission approves the amalgamation of Go Digit Infoworks Services Pvt Ltd with Go Digit General Insurance Ltd,” CCI said in a post on X.
After the completion of the transaction, FAL Corporation will hold a 57.28 per cent stake in Go Digit General Insurance Ltd (GDGIL).
FAL is part of Canada-based Fairfax group, which is engaged in property and casualty insurance and reinsurance, besides investment management, and is led by billionaire Prem Watsa.
In December 2025, Go Digit General Insurance, one of India’s leading new-age general insurance companies, announced that its Board of Directors has approved a proposal to amalgamate its holding company, Go Digit Infoworks Services, with GDGIL.
In a separate release, the competition watchdog also gave a go-ahead to the proposed acquisition of units by Brookfield Asset Management Ltd (BAM) of Oaktree Capital Group Holdings, LP (OCGH), and Oaktree Equity Plan, LP (OEP).
“The proposed combination envisages the indirect acquisition of units of OCGH and OEP and, therefore, the Oaktree operating group of entities by BAM,” the regulator said.
BAM, a global alternative asset manager, is controlled by US-based Brookfield Corporation. Both OCGH and OEP are part of the Oaktree Group. The Oaktree Group is engaged in alternative investment management services.
In a post on X, CCI said, “Commission approves acquisition of units by Brookfield Asset Management Ltd of Oaktree Capital Group Holdings, LP, and Oaktree Equity Plan, LP.”
Deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.
