"This investment is a validation of Acko’s strategy to innovate ever more for tomorrow's financial needs of users," Varun Dua, Founder, Acko. Image credit: businessworld.in
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Acko General Insurance raises $12 million led by Amazon; now valuated at about $100 million
Among others, Acko’s investors also include Accel Partners, SAIF Partners, Venk Krishnan and Subba Rao, Kris Gopalakrishnan, Co-founder Infosys, Hemendra Kothari of DSP Blackrock, Atul Nishar of Hexaware Technologies, Rajeev Gupta, Founder of Arpwood Capital.