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Press background on Acko
Company profile
Acko is an independent general insurance company with its entire operations offered through the digital platform. It will provide personalized products after measuring customer behavior using data analytics. Set-up by Varun Dua, previously founder of Coverfox, Acko has raised $30mn, which in effect makes it one of the largest seed rounds for a start-up in India. The company is backed by Narayan Murthy’s Catamaran Ventures, Accel and SAIF Partners, Kris Gopalakrishnan, Co-founder Infosys, Hemendra Kothari of DSP Blackrock, Atul Nishar – Founder & Chairman of Hexaware Technologies, Rajeev Gupta, veteran investment banker and Founder of Arpwood Capital, Venk Krishnan and Subba Rao of NuVentures, Swiss Re & Transamerica Ventures.
 Recent press releases
Digital Adoption helps ACKO Auto Insurance Business Grow 120 percent Over One Year

Increasing digital adoption accelerated by COVID-19 has contributed to more than 120 percent increase in the number of auto insurance policies sold in Q1 FY 22 vs Q1 FY 21, by ACKO, a purely digital insurer. ACKO’s growth numbers highlight its digital-first approach from purchase... (more)
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ACKO Expresses Gratitude to Maharashtra Highway Traffic Police by Donating Safety Jackets

As a gesture of gratitude and support for the dedicated work of the MH highway traffic police, digital insurance company ACKO in collaboration with Yashlok Welfare Foundation, donated reflective jackets to meet their needs for protective wear.
 
ACKO Expresses Gratitude... (more)
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ACKO Partners with Finserv MARKETS to Offer Car and Bike Insurance

India's first and fastest-growing wholly digital general insurance provider, ACKO has partnered with Finserv MARKETS, a leading fintech aggregator, for offering two and four-wheeler insurance policies. Customers can now buy ACKO Insurance for their car or bike on the Finserv MARKET... (more)
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Acko Partners with Shadowfax to Introduce Accident and Medical Insurance for Delivery Partners

India’s first and fastest growing digital insurance policy provider, Acko General Insurance, announced a strategic tie-up with Shadowfax, largest crowdsourced B2B last-mile delivery services platform. Acko has developed a Group Personal Accident (GPA) policy and Group Mediclaim (GMC) ... (more)
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Acko Partners with HDB Financial Services to Offer Micro Insurance on HDB Aabhar Cards

Acko General Insurance Limited has announced a partnership with HDB Financial Services Ltd, India’s leading Non-Banking Financial Company (NBFC). Acko is India's first and fastest-growing InsurTech company committed to making insurance more meaningful and compelling to consumers v... (more)
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Acko and Rapido Come Together to Insure Customers and Captains

Leading new age insurance company, Acko General Insurance has partnered with Rapido – India’s largest bike taxi booking app, to launch a trip insurance program which ensures everyday rides run risk-free for commuters. This collaboration weeds out worries from the commuters&rsqu... (more)
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Acko Awarded the Coveted Golden Peacock Award for Innovative Product

ACKO General Insurance a new-age digital insurance company, was awarded the coveted Golden Peacock Innovative Product Award - 2019, for their contextual micro insurance product -“Ola Ride Insurance”. The award was presented to Mr. Biresh Giri, Appointed Actuary & CRO, Acko ... (more)
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AU Small Finance Bank Partners with Insurtech Firm Acko General Insurance

AU Small Finance Bank Ltd., a Fortune India 500 company and one of India’s fastest growing banks, today announced its partnership with a new age insurtech company, Acko General Insurance Limited. Partnering with Acko, India's first digital insurer, AU bank is now set to provide c... (more)
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Now Indian Truckers to Go Cashless and Digital for Vehicle Insurance

Bengaluru-based trucking logistics startup BlackBuck, owned by Zinka Logistics Solutions Pvt. Ltd., and Acko, a leading general insurance company, have partnered to launch an innovative insurance offering for commercial vehicles in India later this year. The new offering focuses on using t... (more)
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ACKO Ties up with UrbanClap

New age insurance company, Acko General Insurance, today announced a strategic tie-up with UrbanClap, a mobile-based services marketplace. Acko has developed an accident insurance product for top performing UrbanClap professionals, also referred to as ‘partners’. UrbanClap has ... (more)
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