Acko General Insurance
2016
FOUNDED
PRIVATE
STATUS
101-200
EMPLOYEES
Series C
LATEST DEAL TYPE
$65M
LATEST DEAL AMOUNT
17
INVESTORS
Description
Operator of a general insurance platform intended to disrupt India's insurance industry by leveraging technology. The company's platform utilizes data and analytics to ensure low prices based on a customer's risk profile and offers a transparent, stress-free and seamless process of buying insurance and filing claims, enabling users to access simplified and affordable insurance policies.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Insurance
Primary Office
- 9, 17th A Main Road, Near Sukh Sagar Restaurant
- 5th Block, Koramangala
- Bangalore, Karnataka 560095
- India
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Acko General Insurance Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series C) | 15-Mar-2019 | $65M | 00000 | 00000 | Completed | Generating Revenue |
| 3. Angel (individual) | 01-Dec-2018 | 0000 | 0000 | Completed | Generating Revenue | |
| 2. Early Stage VC (Series B) | 27-May-2018 | $12M | $42M | Completed | Generating Revenue | |
| 1. Seed Round | 23-May-2017 | $30M | $30M | Completed | Startup |
Acko General Insurance Competitors (16)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Digit Insurance | Corporate Backed or Acquired | Bengaluru, India | 000000000000 | |||
| 000000000 00000000 | Accelerator/Incubator Backed | Kolkata, India | 0 | 000000000000 | ||
| 0000000000 | Private Equity-Backed | Masabtank, India | 00 | 000000000000 | ||
| 000000000000 | Venture Capital-Backed | Gurugram, India | 000 | 00000 | 00000000000 | 00000 |
| 000000000000000.00 | Angel-Backed | Mumbai, India | 0000000000 |
Acko General Insurance Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Intact Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| RPS Ventures | Other | Minority | 000 0000 | 000000 0 | ||
| Techpro Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Binny Bansal | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| Amazon.com | Corporation | Minority | 000 0000 | 000000 0 |
Acko General Insurance Executive Team (10)
You’re viewing 5 of 10 executives. Get the full list »Acko General Insurance Board Members (9)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Abhinav Chaturvedi | Accel | Board Member | 000 0000 | |
| Binny Bansal | Self | Board Member | 000 0000 | |
| Ruchi Deepak | Acko General Insurance | Co-Founder & Board Member | 000 0000 | |
| Srinivasan Swamy | Self | Independent Director | 000 0000 | |
| Varun Dua | Acko General Insurance | Co-Founder, Chief Executive Officer, Managing Director & Board Member | 000 0000 |
3 Former Board Members
You’re viewing 5 of 9 board members. Get the full list »