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Acko Technology & Services Private Limited

Acko

U74110KA2016PTC120161

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Oct 25, 2024
Key Metrics
  • No. of Employees1260
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹3,336.42 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Acko

ACKO, launched in 2016, is a tech company which is solving real-world problems for customers, starting with insurance. They 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 is targeted in its approach and operates in the Auto insurance, Embedded Insurance (bite-sized contextual coverages like mobile insurance), and Health Insurance sectors. 

Business Model

Acko is a digital-first insurance company that offers a variety of insurance products, including motor insurance, health insurance, third party insurance, travel insurance, arogya sanjeevani policy, and group health insurance for employees.

Top Competitors
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PolicybazaarU74999HR2014PTC053454
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CoverfoxU72200MH2010PTC210076
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Digit InsuranceU66010PN2016PLC167410
IN
InsurancedekhoU66010RJ2016PTC054811
Acko Funding Details
Funding Highlights
Latest Founding RoundSeries E
Total Funding Raised₹3,336.42 Cr
No. of Investments Made3
Total No. of Acquisitions3
Lead Investors4
Investors
  • General Atlantic, Accel, Elevation Capital and Intact Ventures
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Investment Company Done
Detailed report about the Invtestments made by the company till date.
₹499.00 ₹998.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Acko Financial Details
Financial Highlights
FY 2023-24 Revenue₹2,160.2 Cr
FY 2023-24 Expenses₹2,830.18 Cr
FY 2023-24 Profit/Loss-₹669.98 Cr
Net Cash Flow From Operations-₹200.91 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Acko Key People
People Metrics
Current Core Team3
Board Members/Directors8

Core Team

VD
Varun DuaFounder & CEO
SS
Sanjeev SrinivasanCo-Founder
RD
Ruchi DeepakCo-Founder & CEO

Board Members/Directors

VD
Varun Dua Managing Director
RD
Ruchi DeepakDirector
BB
Binny BansalNominee Director
NE
Nithya EaswaranNominee Director
SR
Shantanu RastogiNominee Director
RM
Rajat ManglaNominee Director
MA
Mridul AroraNominee Director
AC
Abhinav ChaturvediDirector
Acko Documents

AY - 2018-19

Profit and Loss statement - Acko - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Acko for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Acko - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Acko for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Acko - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Acko for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Acko - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Acko for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Acko - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Acko for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Acko - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Acko for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Acko - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Acko for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Acko - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Acko for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Acko - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Acko for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Acko - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Acko for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Acko - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Acko for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Acko - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Acko for FY 2023-24
₹249.00 ₹498.00

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