Spotted: Acko’s New Look

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Refresher. Acko is a Mumbai-based general insurer that is emerging “to make buying and using insurance really effortless” via “technology”. “By adding technology to insurance, we have transformed something that’s long and tedious to something that’s quick and easy. And in the process, we’ve managed to fit something as massive as insurance in your pocket. Acko is digital first which means that you’ll be as comfortable using it as you are using your own smartphone.”

Rumor has it the insurer may receive funding from Amazon to the tune of $15.7M, and enjoy access to Amazon’s distribution. For now, it has raised $30M and is led by Coverfox cofounder Varun Dua.