Funding
ACKO raises $65 million Series C
By Startup Enthusiast ·
- Date
- Company
- ACKO
- What it does
- Digital insurer, Bengaluru
- Kind
- Funding
- Amount
- $65 million
- Stage
- Series C
- Based in
- Bengaluru
- Founded
- 2016
What they do
ACKO closed a $65 million Series C in March 2019, with Flipkart co-founder Binny Bansal among the new investors
What happened
RPS Ventures, run by former SoftBank partner Kabir Misra, and Intact Ventures, the arm of a Canadian insurer, also joined
Why it matters
Existing backers including Amazon were already on the register, making this the biggest cheque the insurer had raised so far
The details
- ACKO raised $65 million in Series C in March 2019.
- Binny Bansal and RPS Ventures joined.
- Intact Ventures also invested.
Investors
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