Acko is closing a $120M funding round to boost its insurance tech platform in India.
The round will value the company at $1.5B.
- Acko is a general insurance company offering plans for car insurance, health insurance, travel, etc.
- Users can choose their plan through Acko's mobile app.
- General Atlantic is set to lead this upcoming funding round.
- The firm is expected to invest at least $100M.
- Acko has been previously backed by investors such as Amazon, Lightspeed Venture Partners, and CCPIB.
- Since its inception in 2016, the company has raised over $450M.
- The company reached unicorn status in 2021.
- Acko is headquartered in India.
