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Amazon-backed insurtech startup Acko raises $60 million
short by Rishabh Bhatnagar / on Wednesday, 16 September, 2020
Mumbai-based insurtech startup Acko has raised $60 million in Series D funding led by Munich Re Ventures. Existing investors Amazon, RPS Ventures and Intact Ventures also participated. With this, the startup has raised $200 million till date, and is reportedly valued at $500 million. Founded in 2016 by Varun Dua, Acko is also backed by Flipkart Co-Founder Binny Bansal.
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