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New Delhi [India], March 25 (ANI/NewsVoir): EVRE, India's leading integrated charging infratech company today announced that it has raised investment in a pre-series funding round led by ACKO Technology and Services Pvt Ltd and CreedCap Asia Advisors, an advisory and investment management firm
ACKO Insurance has entered the elite unicorn club after securing $255 million in a Series D funding round co-led by Multiples Private Equity and General Atlantic.
The funding round also saw participation from Canada Pension Plan Investment Board, Lightspeed along with existing investors Intact Ventures and Munich Re Ventures.
ETtech Exclusive: Acko in talks to raise $200 million, may become India’s next unicorn SECTIONS Share Synopsis Heightened interest among risk investors in the overall fintech sector, due to greater digital adoption triggered by the Covid-19 pandemic, is likely to help boost Acko’s valuation. ETtech Varun Dua, co-founder and chief executive, Acko. (Illustration: Rahul Awasthi/ETtech) Mumbai:Acko is in talks to raise $200 million in a new round of funding that could value the online general insurance startup at $1 billion, according to people aware of the negotiations. A successful deal wil...
Amazon-backed Acko concludes first ESOP liquidity programme SECTIONS Last Updated: Apr 12, 2021, 08:55 PM IST Share Synopsis Acko employees who have completed three years at the organisation were given the option to liquidate 40%-100% of their vested employee stock ownership plans (ESOPs). ETtech (Illustration: Rahul Awasthi/ETtech) Mumbai: Amazon-backed general insurance startup Acko has concluded its first ESOP liquidity programme worth $2 million for around 40 of its long-term team members, co-founder Ruchi Deepak told ET Monday. Under the programme, employees who have completed three year...