Tech Company Financing Transactions
Acko Funding Round
Amazon, CPP Investments and Lightspeed Venture Partners participated in a $120 million funding round for Acko. The round was announced on 3/29/2023.
Transaction Overview
Company Name
Announced On
3/29/2023
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Undisclosed
Proceeds Purpose
This funding round at a time when weak global market conditions have subdued large financing deliberations in the South Asian market.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
3rd Floor, F wing, Lotus Corporate Park
Mumbai, Maharashtra, 400063
IN
Mumbai, Maharashtra, 400063
IN
Phone
Website
Email Address
Overview
We are a general insurance company. Now, before those words conjure images of beige walls and bleak souls in your head, let us tell you we are vibrant and vivacious, and were founded to break that drab mould you were about to cast us in. We started in 2016 as India's first digital insurer, and are currently the fastest growing insurance company in the country. In a span of three years we have revved up insurance with technology and given it a snazzy makeover--we've taken it online, wiped out much of the paperwork associated with it, created products that are a cut above the ho-hum, and sold them to over 50 million unique customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Varun Dua
Chief Financial Officer
Rohin Vig
Chief Information Officer
Manish Thakur
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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