Business Companies 14 Mar 2019 Acko raises USD 65 m ...

Acko raises USD 65 mn from investors

PTI
Published Mar 14, 2019, 12:22 pm IST
Updated Mar 14, 2019, 12:25 pm IST
Acko General Insurance claims to offer an intuitive purchase experience, cheaper prices and stress-free claims.
Acko uses a direct-to-consumer approach for distributing motor insurance, allowing for favourable risk selection and superior underwriting.
 Acko uses a direct-to-consumer approach for distributing motor insurance, allowing for favourable risk selection and superior underwriting.

New Delhi: Acko General Insurance on Wednesday said it has raised USD 65 million from investors, including Flipkart co-founder Binny Bansal. The round of funding also saw participation from existing investors such as Amazon, Accel, SAIF and TechPro Ventures, the company said in a statement.

Founded in 2016, Acko General Insurance claims to be the country's first digital native insurer, offers an intuitive purchase experience, cheaper prices and stress-free claims. The company uses a direct-to-consumer approach for distributing motor insurance, allowing for favourable risk selection and superior underwriting.

 

...
Location: India, Delhi, New Delhi




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT