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...
23 Oct, 2024, 10.59 AM IST
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...
24 Jul, 2024, 06.09 PM IST
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...
28 May, 2024, 08.19 PM IST
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...
22 Mar, 2024, 09.09 AM IST
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...
30 Jan, 2024, 07.37 AM IST
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...
19 Jan, 2024, 06.00 AM IST
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...
28 Aug, 2023, 01.27 PM IST
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...
31 Mar, 2023, 09.29 PM IST
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.
28 Oct, 2021, 06.00 AM IST
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,...
29 Jun, 2021, 08.43 AM IST
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.
16 Feb, 2021, 04.25 PM IST
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...
23 Dec, 2020, 10.59 AM IST
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.
10 Jul, 2020, 05.36 PM IST
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...
17 Mar, 2020, 08.18 AM IST
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.
20 Oct, 2019, 10.07 AM IST
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 ...
27 Jun, 2018, 09.31 PM IST
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 ...
06 Sep, 2017, 03.28 PM IST