ACKO, a Bengaluru-based insurtech company which makes buying and using insurance effortlessly, announced it has raised $60 million in a funding round led by Munich Re Ventures. Existing investors Amazon, RPS Ventures, and Intact Ventures Inc, which is the corporate venture arm of Canada’s largest property and casualty insurer, also participated in the funding round. …
Tag: Varun Dua
Acko raises $16 mn from Ascent Capital
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•Acko, a private sector general insurance company, has raised fresh funding of $16 million from growth stage investment firm Ascent Capital. A few media reports suggest that the Binny Bansal, ex-CEO and founder of Flipkart, may have invested around $20 million in Acko. The company was founded by Varun Dua in 2016. Last year, Acko…