India's Acko achieves unicorn status with $255m round
General Atlantic and Multiples Alternate Asset Management have led a $255 million round for Acko, which claims to be India’s only digital-native insurer, at a valuation of $1.1 billion.
Canada Pension Plan Investment Board (CPPIB) and Lightspeed Growth – a growth equity vehicle managed by Lightspeed Venture Partners – also took part. Existing investors Intact Ventures and Munich Re...
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