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Industry | Insurance |
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Founded | 2016 |
Headquarters | Bengaluru, Karnataka, India |
Area served | India |
Key people | Varun Dua |
Parent | Acko Technology and Services Private Limited |
Website | acko.com |
Acko General Insurance is a private sector general insurance company in India. [1] [2] Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017. [3] [4] Acko follows an online-led model and hence all operations for the company are offered through the digital platform. [5] [6]
Acko General Insurance was founded by Varun Dua, is the Chief Executive Officer. [7] As of 2018, Acko has raised ₹274 crore ($42 million) in funding from investors such as Amazon, Accel Partners, SAIF Partners, Catamaran Ventures. [8] [9] The retail products offered by Acko General Insurance include motor insurance, [10] in-trip domestic insurance [11] [12] and mobile insurance. Acko BLORE
October 2021, the company secured its position as India's 34th unicorn by raising $255 million through a Series D funding round. [13] [14]