Acko
Founded Year
2016Stage
Growth Equity | AliveTotal Raised
$428MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-43 points in the past 30 days
About Acko
Acko is a tech-driven company that specializes in insurance products across various sectors, such as auto, health, and life insurance. The company offers a range of insurance policies designed to provide financial protection and peace of mind, including vehicle coverage, health plans, life insurance, and travel protection. Acko's approach includes features like zero commission, instant policy renewal, and same-day claim settlements, catering to the digitally savvy consumer. It was founded in 2016 and is based in Bengaluru, India.
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ESPs containing Acko
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The digital health insurance providers market refers to insurtech companies that provide private health insurance plans. Companies in this market often focus on providing distinguished value propositions — like telehealth and preventative care services, direct pay capabilities, or member navigation apps. Digital health insurance providers go beyond just the insurance sales process, and some of the…
Acko named as Leader among 12 other companies, including Oscar, Clover Health, and Digit Insurance.
Acko's Products & Differentiators
Auto insurance
ACKO offers customized motor insurance products that can be easily accessed online and with quotes and all the relevant information pertaining to motor insurance available on the website. ACKO uses data and analytics to underwrite the customer, which in turn helps improve premium pricing accuracy. After the purchase is made, the policy is directly sent into the buyer’s inbox in less than two minutes. Claim assessment time is drastically reduced and a settlement is provided within 48 - 72 business hours.
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Research containing Acko
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Acko in 4 CB Insights research briefs, most recently on Aug 16, 2022.
Mar 8, 2022 report
The 12 Industries Amazon Could Disrupt Next
Expert Collections containing Acko
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Acko is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,258 items
Insurtech
4,417 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
13,559 items
Excludes US-based companies
Insurtech 50
50 items
Report: https://app.cbinsights.com/research/report/top-insurtech-startups-2022/
Fintech 100
249 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Acko News
Jan 22, 2025
ACKO, a digital insurance provider, has launched an e-challan service for Telangana vehicle owners. The service promotes easy management of traffic fines, leveraging technology for transparency and efficiency. Accessible via ACKO's website and app, it offers instant updates, transparency, and efficiency in traffic fine transactions. Devdiscourse News Desk | Hyderabad | Updated: 22-01-2025 12:19 IST | Created: 22-01-2025 12:19 IST This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only. Country: SHARE ACKO, a prominent digital insurance firm, has unveiled a novel e-challan service designed to aid vehicle owners in Telangana in efficiently managing their outstanding traffic fines. This initiative reiterates ACKO's strategy of utilizing technology to enhance user convenience and enforce traffic rules compliance. The e-challan system, an electronic method replacing traditional paper-based fines, boosts transparency and efficiency in handling traffic violations. ACKO's new service enables users to perform TS e-challan checks and make payments seamlessly via their website and mobile app, fostering more accessible fine management. With easy-to-follow instructions on both platforms, vehicle owners can quickly access information on their violations and swiftly settle fines, thereby avoiding further penalties. This approach underscores the commitment to leveraging digital tools for improving traffic compliance and safety on Telangana's roads. (With inputs from agencies.)
Acko Frequently Asked Questions (FAQ)
When was Acko founded?
Acko was founded in 2016.
Where is Acko's headquarters?
Acko's headquarters is located at Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru.
What is Acko's latest funding round?
Acko's latest funding round is Growth Equity.
How much did Acko raise?
Acko raised a total of $428M.
Who are the investors of Acko?
Investors of Acko include General Atlantic, Multiples Alternate Asset Management, Cpp Investment Board Private Holdings, Intact Ventures, Munich Re Ventures and 20 more.
Who are Acko's competitors?
Competitors of Acko include Digit Insurance and 7 more.
What products does Acko offer?
Acko's products include Auto insurance and 2 more.
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Compare Acko to Competitors
Probus Insurance is a prominent insurance broker that operates in the insurance industry. The company offers a wide range of insurance plans including life, health, motor, travel, property, and commercial insurance. It primarily serves retail clients across various sectors. It was founded in 2003 and is based in mumbai, Delaware.
OneAssure is a health insurance brokerage that operates in the insurance sector. The company offers a platform for comparing, buying, and renewing health and term insurance policies, providing advice and facilitating claims settlements without unnecessary add-ons. OneAssure serves individuals and families seeking insurance coverage and financial security. It was founded in 2020 and is based in Bangalore, India.
Coverfox is an insurtech platform focused on providing online insurance products in various sectors such as motor, health, and life insurance. The company offers a comparison tool for customers to evaluate and purchase insurance policies from over 50 providers, ensuring a diverse range of options. Coverfox also provides claims assistance and prioritizes data security for its users. It was founded in 2013 and is based in Mumbai, India.
Yingda Taihe Life Insurance provides individual and group insurance policies, investment products, and retirement savings products. The company operates within the insurance and financial services sector. It was founded in 2007 and is based in Beijing, China.
Sunshine Property and Casualty Insurance offers property damage insurance, liability insurance, credit insurance and guarantee insurance, short-term health insurance and accidental injury insurance. The company also offers reinsurance regarding property and casualty. Sunshine Property and Casualty was founded in 2005 and is based in Beijing, China.
Tata AIG General Insurance Company Limited specializes in general insurance services across various sectors. The company offers various insurance products including health, motor vehicle, travel, and business insurance. Tata AIG serves individuals and businesses with its insurance solutions. It was founded in 2001 and is based in Mumbai, India.
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