Digi insurer Acko gets $65m from Binny Bansal, others

Startup bags Bansals largest personal investment at $25 m; valuation to be around $300 m.

Update: 2019-03-13 18:30 GMT
  • Digital insurer Acko said it has raised $65 million in a funding round led by Flipkart cofounder Binny Bansal , RPS Ventures and Intact Ventures.
  • The funding round, which also saw participation from existing investors Amazon, Accel Partners , SAIF and TechPro Ventures, is expected to value the company between $250 million and $300 million.
  • With the latest financing round, the total capital raised by Acko has touched $107 million.

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