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ACKO HEALTH SEGMENT
Acko hires Meta, Junglee Games executives to lead health, auto insurance businessesThe appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based ...- Will your hospital bills fall with new IRDAI move? Know how policyholders will be impacted with the formation of this new panelPolicyholders facing rising premiums, slow claims, and opaque hospital pricing will soon see changes. IRDAI's new sub-committee aims to sim...
- Infosys allays layoff fears; Freshworks cuts lossesInfosys confirmed plans to hire thousands, even as the IT sector stares at a spate of layoffs. This and more in today's ETtech Top 5.
- Acko in talks to close $120 million secondary deal; Catamaran, others may sell stakeNew age insurance company Acko is closing a $100-120 million secondary share sale deal through which a few of its early investors will sell...
- Acko acquires health tech startup OneCare in all-cash dealAcko, a general insurance startup, has acquired OneCare, a digital chronic care management company. The deal, for which the companies did n...
- Mygate enters insurance distribution business, partners with AckoMygate app, in partnership with Acko General Insurance, received an aggregator licence from IRDAI to distribute insurance policies, offerin...
- Nithya Easwaran is bullish on small ticket MSME and supply chain finance. Here’s whyNithya Easwaran discusses the investment focus on various sectors within financial services in India, emphasizing the importance of fintech...
- Insurtech startup Acko aims to achieve profitability by fiscal year 2027Acko is eyeing profitability on the back of its general and health insurance segment turning earnings positive, founder and CEO Varun Dua s...
- Insurtech startups check expenses to secure profitsInsurtech startups such as Acko and Digit have switched gears to health insurance which is a more long-term product despite starting with m...
- Outlook on health insurance sector: Star Health, ICICI Lombard top betsAmong key players, ICICIGI grew 22% YoY in July ’23 (higher than the industry growth), whereas Star Health reported a GWP growth of 17% YoY...
- Acko receives IRDAI nod to commence life insurance businessAcko is close to raising a fresh funding round of $150 million led by its existing investors valuing it at $1.5 billion, according to peopl...
- 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.
- 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,...
- Digital insurer ACKO aims Rs 1,500 crore biz next fiscalThe company did a business of about Rs 370 crore in the last fiscal year and this year also, despite the pandemic, there has been a growth.
- Pandemic pushes sales of Rs 1 crore health insurance covers“There has been high claims experience from the Rs 1-25 lakh segment. So premium rates shot up 50-100% there. And since the Rs 25 lakh -1 c...
- Medical cover sales turn lifeline for online insurance firmsStartups introduce health insurance covers for retail and group customers, tilting the overall segment mix towards this category.
- Paytm hires former Coverfox CEO after failed acquisition talksEarlier this month, Paytm said it is set to make a foray into the business of selling insurance products with subsidiary Paytm Insurance Br...
- Unusual Insurance: How startups are changing the insurance gameA number of tech startups are selling micro insurance covers — for broken spectacles and a missed flight.
- From insuring your Labrador to your fitness regime, these startups are offering innovative policiesThese new-age fintech startups are challenging traditional insurance policies by designing new ones that will change how insurance is sold ...
- Why investors gave Varun Dua $30 million even before he launched his startupAcko founder believes he can offer faster, cheaper and more personalised insurance policies by combining his knowledge of finance and data ...
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