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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]