18 November 2024
Online insurance startup Acko Technology and Services Pvt. Ltd has raised $12 million in a fresh round led by Amazon India, the company said in a statement on Sunday. New investor Ashish Dhawan and existing investor Catamaran Ventures, owned by Narayana Murthy, also participated in the funding round. The fresh infusion takes Acko’s total equity funding to about $42 million. The online insurance platform raised $30 million in seed money in May 2017 from venture capital and angel investors, including Accel Partners, SAIF Partners, and Kris Gopalakrishnan, among others.
Online insurance startup Acko Technology and Services Pvt. Ltd has raised $12 million in a fresh round led by Amazon India, the company said in a statement on Sunday. New investor Ashish Dhawan and existing investor Catamaran Ventures, owned by Narayana Murthy, also participated in the funding round. The fresh infusion takes Acko’s total equity funding to about $42 million. The online insurance platform raised $30 million in seed money in May 2017 from venture capital and angel investors, including Accel Partners, SAIF Partners, and Kris Gopalakrishnan, among others.
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