Acko General Insurance has raised $65 million from Flipkart co-founder Binny Bansal, RPS Ventures led by Kabir Misra, ex-managing partner at SoftBank, and Intact Ventures. Existing investors such as Amazon, Accel, SAIF and TechPro Ventures have also participated in the Series C round. With this latest infusion, Acko has now attracted $107 million. Previously, Acko had raised $30 million in seed funding and later $12 million in a Series B round led by Amazon.
Flipkart co-founder Binny Bansal, others put in $65 million in Amazon-backed Acko General Insurance
Date posted: Thursday 14 March 2019