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ACKO FUNDING AND VALUATION
Kuku FM's parent confidentially files for Rs 3,500 crore IPOAudio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. The company aims for a Rs 15,000 cr...- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- General Atlantic-backed Indian insurer Acko eyes up to $2.5 billion valuation in IPO, sources sayIndia's Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing...
- Zetwerk IPO: Company files confidential papers for Rs 5,000 crore offeringZetwerk IPO update: Zetwerk has filed a confidential prospectus with the Securities and Exchange Board of India for an IPO, and is planning...
- B2B firm Zetwerk eyes Rs 500 crore pre-IPO round at $3 billion valuationManufacturing marketplace Zetwerk is in discussions to raise approximately Rs 500 crore in pre-IPO funding from Bharat Value Fund and HNIs,...
- Market rout drags down newly listed startup stocks; Lenskart, Ather, Bluestone among big losersNew-age companies listed recently stayed under pressure as markets fell sharply on Monday. Sensex and Nifty dropped heavily amid geopolitic...
- PhonePe IPO delay signals valuation standoff for upcoming new-age listingsPhonePe has postponed its $1.3-billion IPO due to volatile markets and a valuation gap with investors, highlighting cautious sentiment amon...
- Acko posts Rs 424 crore loss even as topline rises 34%Though the company managed to grow its business, its expenses shot up too, dragging the balance sheet into the red. The total expenses for ...
- Acko’s $120 million secondary; Udaan in talks for new fundingHappy Wednesday! Acko is finalising a secondary share sale transaction valued at $100-120 million. This and more in today's ETtech Morning ...
- Decoding InsuranceDekho’s back-to-back funding rounds amidst a funding winterAmidst a funding winter, when startups are having to go the extra mile to justify every dollar of their valuation, InsuranceDekho stood out.
- Wary investors walk away from large-funding deals at unicorns citing tech turbulenceGood Glamm, Acko see funding talks fall through; companies raising $100 million plus rounds struggle due to macroeconomic headwinds
- ETtech Deals Digest: Acko, Groww raise funds this weekGeneral insurance startup Acko became the 32nd startup unicorn of 2021 after it picked up $255 million in funding led by General Atlantic a...
- Acko raises new funds led by General Atlantic, Multiples as valuation jumps to $1.1 billionAcko, which is the newest Indian unicorn, was last valued at around $400 million last year.
- VC firm Accel launches Atoms programme to back early-stage startupsAccel Atoms fund will invest $250,000 in startups with an uncapped convertible, meaning the venture capital firm will not pick up a stake i...
- Digit Insurance raises new funds from Sequoia, others at $3.5 billion valuationThe Digit Insurance funding comes at a time when rival insurtech startup Acko is said to be in advanced talks to raise $200 million to beco...
- ETtech Exclusive: Acko in talks to raise $200 million, may become India’s next unicornHeightened interest among risk investors in the overall fintech sector, due to greater digital adoption triggered by the Covid-19 pandemic,...
- Amazon-backed Acko seeks new funds at $1 billion valueThe startup is looking to raise about $200 million in the round
- Digi insurer Acko gets $65m from Binny Bansal, othersStartup bags Bansal’s largest personal investment at $25 m; valuation to be around $300 m.
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