- Online insurance aggregator Acko raised $65 million in its Series C round from Binny Bansal, Co-founder and former CEO of Flipkart, RPS Ventures led by SoftBank's former managing partner Kabir Misra, and Intact Ventures, corporate venture arm of Canada’s largest property and casualty insurer.
- Varun Dua, Founder of Acko General InsuranceBinny Bansal has reportedly invested $25 million in Acko through this round.
- With this latest round of Series C funding, Acko’s total funds raised stands at $107 million.
- Last May, the insurtech startup had raised $12 million as a part of its Series A funding led by Amazon.
Insurance startup Acko raises $65M funding from Binny Bansal and others
13 March 2019 8:17 AM GMT
With this latest round of Series C funding, Acko?s total funds raised stands at $107 million. Avendus Capital was the advisor to Acko on this fundraise.