Acko raises USD 65 mn from investors
Acko 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.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.