About ACKO
ACKO is a company based in Bengaluru (India) founded in 2016 by Ruchi Deepak and Varun Dua. ACKO has raised $597.7 million across 11 funding rounds from investors including Amazon, Accel and Lightspeed Venture Partners. The company has 461 employees as of April 07, 2024. ACKO has completed 3 acquisitions, including One Care, Parentlane and vLer. ACKO offers products and services including Health Insurance and Car Insurance.
- Headquarter Bengaluru, India
- Employees 461 as on 07 Apr, 2024
- Founders Ruchi Deepak, Varun Dua
- Stage Unicorn
-
Sectors
Transportation, Automotive & LogisticsFinancial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Acko Technology & Services Private Limited
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$216.04 M (USD)32.87as on Mar 31, 2023
-
Net Profit
-$88.8 M (USD)-53.11as on Mar 31, 2023
-
EBITDA
-$92.2 M (USD)-58.22as on Mar 31, 2023
-
Total Equity Funding
$597.7 M (USD)
in 11 rounds
-
Latest Funding Round
Not available
-
Investors
Amazon
& 37 more
-
Employee Count
461
as on Apr 07, 2024
-
Investments & Acquisitions
One Care
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ACKO
ACKO offers a comprehensive portfolio of products and services, including Health Insurance and Car Insurance.
Health insurance is provided for individuals, families, and senior citizens, covering various plans and cashless options.
Car insurance is offered, including comprehensive, third-party, and zero depreciation coverage for new and used vehicles.
People of ACKO
Unlock access to complete
Unlock access to complete
Software Development Team
47 people
Leadership Team
29 people
Product Management Team
11 people
Finance and Accounting
10 people
Human Resources and Administration
10 people
Senior Team
9 people
Operations Team
9 people
DGM Team
6 people
Unlock access to complete
Funding Insights of ACKO
ACKO has successfully raised a total of $597.7M across 11 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ACKO
ACKO has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amazon, Accel and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment partnerships, entrepreneur support, and profit-focused services in finance.
|
Locked | Locked | Locked | |
|
Private equity fund focused on global markets
|
Locked | Locked | Locked | |
|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
|
Locked | Locked | Locked |
Investor details for ACKO
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ACKO
ACKO has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include One Care, Parentlane and vLer.
Investment portfolio details for ACKO
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Lifestyle care programs for chronic conditions like diabetes are provided.
|
Locked | Locked | 2021 | Locked | |
|
AI powered personalised digital health platform for maternity and child health
|
Locked | Locked | 2016 | Locked | |
|
Rich online listings for new passenger vehicles are provided.
|
Locked | Locked | 2015 | Locked |
Complete acquisition details for ACKO
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ACKO
Detailed financials for ACKO
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Acko Comparisons
Peer comparison for ACKO
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of ACKO
Detailed competitors of ACKO
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Acko
Complete news archive for ACKO
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about ACKO
ACKO was founded in 2016.
ACKO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Varun Dua is the current CEO of ACKO. They have also founded this company.
ACKO is a funded company, having raised a total of $597.7M across 11 funding rounds to date.
As of Apr 07, 2024, the latest employee count at ACKO is 461.
Annual revenue of ACKO is $216.04M as on Mar 31, 2023.
Founded in 2016 and based in Bengaluru, India, operations are conducted in the insurance sector. Various products are provided, including comprehensive and third-party coverage for cars and bikes. Health plans cover individuals, families, and seniors, while travel insurance extends to international trips. Life insurance options include term plans and critical illness coverage, supplemented by riders for accidental death and disability.
ACKO offers Health Insurance and Car Insurance.
ACKO has made 3 acquisitions, including One Care, Parentlane, and vLer.
ACKO has 38 investors. Key investors include Amazon, Accel, Lightspeed Venture Partners, Intact Ventures, and Swiss Re.
The valuation of ACKO is $1.42B as of May 2023.