FundedIQ
Financial Services

Acko: Funding, Investors & Team (Aug 2026)

Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and began offering similar policies in healthcare. The company was co-founded by Varun Dua and Ruchi Deepak in 2016.

www.acko.com LinkedIn Mumbai, India 501-1000 employees
Auto Insurance Health Insurance Insurance InsurTech
Total raised
$315M
Rounds
2
Latest
Series D
Oct 2021

Acko has raised $315M across 2 funding rounds on record, the most recent a Series D of $255M announced in Oct 2021.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Acko Company Profile and Key Stats

Total funding raised
$315M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series D
$255M in Oct 2021
Employees
501-1000
reported band
Headquarters
Mumbai, India

Latest funding round on record: Oct 2021.

Acko Funding Rounds

Date
Round
Amount
Series D
$255M
Undisclosed round
$60.0M

Acko raised $60.0M in an undisclosed round announced in Sep 2020.

1.1 years later, a Series D of $255M was announced in Oct 2021.

Acko Founders and Leadership Team

Name
Role
Contact
Varun Dua
CEO
Locked

Contact details for the Acko team: 1 of 1 has an email address on file.

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Acko Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,220
$3.0M
760
$90M

Acko's latest round of $255M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Acko in Financial Services and Mumbai

Companies Similar to Acko

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Series B $15.0M

Infradebt specializes in infrastructure finance and project finance.

Undisclosed round $102M

CREST Capital is a private investment firm that partners with founders, families, and institutions to build,…

Pre-Seed $3.1M

Recur Club is a trading platform for recurring revenue companies to trade their contracts/subscriptions & get…

Series A $50.0M

Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.

Undisclosed round $12.5M

Rovia is a digital wealth management platform that simplifies cross-border finances, specifically designed…

Pre-Seed $1.0M

Dugar Finance and Investments is a financial service firm that offers car loans, property loans, refinance,…

Seed $5.0M

Acko Funding FAQs

What does Acko do?

Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and began offering similar policies in healthcare. The company was co-founded by Varun Dua and Ruchi Deepak in 2016.

How much funding has Acko raised?

Acko has raised $315M across 2 rounds on record. The most recent is a Series D of $255M announced in Oct 2021.

When did Acko last raise funding?

Acko's most recent funding round on record is a Series D of $255M, announced in Oct 2021.

Who is the CEO of Acko?

Varun Dua is listed as CEO at Acko.

Where is Acko headquartered?

Acko is based in Mumbai, Maharashtra, India.

How many employees does Acko have?

Acko is in the 501-1000 employee band.

How does Acko's funding compare to other Financial Services startups?

Acko's latest round of $255M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Acko Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Acko is left off this page rather than filled in.

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