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ACKO, launched in 2016, is a tech company which is solving real-world problems for customers, starting with insurance. We are India’s first digital-native insurer and have meaningfully redefined the insurance category. As a new-age brand, ACKO has brought the customer into the focus with fair pricing, convenience, and superior customer experience. ACKO was founded by Varun Dua and Ruchi Deepak. Varun is a serial fintech entrepreneur who has had extensive experience in the insurance industry spanning over two decades. Prior to this, he was CEO and Co-Founder of Coverfox Insurance Broking. Ruchi has worked in financial services in Mumbai and London with organizations such as Franklin Templeton and venture capital firm Matrix Partners. ACKO is targeted in its approach and operates in the Auto insurance, Embedded Insurance (bite-sized contextual coverages like mobile insurance), and Health Insurance sectors. As a customer-first company serving the digitally savvy, ACKO’s value proposition of ‘Welcome Change’ highlights the offerings of the company that make insurance simple and hassle-free. With features such as zero commission, zero paperwork, instant renewal, same-day claim settlements, and app-based updates on claims, ACKO is a 'Welcome Change' from traditional insurers. The company has pioneered the D2C model for insurance in India and empowers customers to choose the right product based on their requirements at the best price, at the click of a button with zero paperwork. ACKO has recently raised USD 450+ million to date and are backed by private equity majors such as General Atlantic and Multiples private equity, top venture capitalists such as Accel, Elevation, and Lightspeed Multiples, along with Amazon, Canada’s largest Pension Fund (CPPIB) amongst others. The company has grown at a CAGR of 88% in the last 4 years, served 75+ million customers and has issued ~900 million policies till date. Check our website - to know more about us.

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Revenue $43 million
Funding $248 million
Employees 1,307 (1,044 on RocketReach)
Founded 2016
Address Hustlehub One East Somasandrapalya 36/5 27th Main Rd Sector 2 Hsr Layout Fl 2 #, Bengaluru, Karnataka 560102, IN
Phone +91 80026 62256
JavaScript, HTML, PHP +83 more (view full list)
Category Insurance, Technology, Information and Internet, Financial Services, Private Social Networking, Community and Lifestyle
Competitors Assurance IQ, At-Bay, CoverWallet, an Aon company, Trōv, Zensurance
SIC 64, 641
NAICS 52, 524, 5242

Acko Questions

The Acko annual revenue was $43 million in 2023.

Sandip Goenka is the CFO of Acko.

1,044 people are employed at Acko.

Acko is based in Bengaluru, Karnataka.

The NAICS codes for Acko are [52, 524, 5242].

The SIC codes for Acko are [64, 641].

Top Acko Employees

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