Basic Information
Legal Name
:
ACKO General Insurance Ltd.
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
Founding Date
:
Nov 2016
No. of Employees
:
501 to 1000
Core Team
:
1.
Ruchi Deepak
Co-Founder
2.
Vishwanath Ramarao
Chief Product and Technology Officer
3.
Varun Dua
Founder & CEO
Timeline
2019
Jun | Awards
Golden Peacock Innovative Product Award - For ACKO's contextual micro insurance product - “Ola Ride Insurance”
2020
Oct | Awards
Most Innovative Insurer”Category in Non- Life Segment, in the FICCI Insurance Industry Awards 2020
2021
Feb | Awards
BW Festival of Fintech 2021 - Best Insurtech Company - ACKO
Target Market
B2C
User Age
:
18 to 25, 26 to 34, 35 to 45
User Income
:
Lower-middle Income, Upper-middle Income
Location
:
Funding
Total Funding
$458.0M
Investors
:
1.
Atul Nishar
2.
Kris Gopalakrishnan
3.
Narayana Murthy
4.
Binny Bansal
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Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
$30M
Series Name
:
PRE-SERIES-A
Date
:
May 2017
Investors
:
1.
Accel
2.
SAIF Partners
3.
Rajeev Gupta
4.
Atul Nishar
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