Amazon-Backed Acko Seeks New Funds at $1 Billion Value
- Insurtech startup aiming to raise about $200 million
- Acko is considering stock-market listing as soon as this year
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Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according to people familiar with matter.
The Amazon.com Inc.-backed startup is looking to raise about $200 million in the round, said the people, who asked not to be identified as the information is private. Acko is also considering a listing as soon as this year, one of the people said.