ACKO CASE STUDY

ACKO CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

CEO : Varun Dua

ACKO BUSINESS MODEL

Acko is a Mumbai based startup founded in 2016. Acko is an online platform that help users to compare and buy car insurance product. best thing about the Acko is you dont need any paperwork to purchase, claim or renew. just call Acko support and they will pick up your damaged vehicle within 1 hour and get your repaired car in 3 day’s or will give you free cab vouchers. resentally co-founder of Flipkart Binny bansal Invested $25 million in Acko in Series C.

FUNDING

Total funding of Acko is $107 million.

March 2019 Acko raised $65 million in Series C led by Accel, SAIF, Amazon and Binny Bansal

May 2018 Acko raised $12 million led by Amazon and Catamaran.

May 2017 Acko raised $30 million in Seed funding  led by SAIF and Accel.

 

INVESTORS

Binny Bansal, Accel,SAIF, Amazon, Catamaran

COMPETITORS

COVERFOX, EASYINSURANCE COMPARE BUY ONLINE,TURTLEMINT, EASYPOLICY, POLICYX, POLICYBACHAT, MYINSURANCECLUB,BANKBAZZAR,POLICYLITMUS AND DAY2INSURE.

CITIES

Ahmedabad, Bengaluru, chennai, delhi, Hyderabad, kolkata, Mumbai and Pune

DISCOVER

FOUNDED:  2016

HEADQUATERS: Mumbai, Maharashtra

CEO  : Varun Dua

REVENUE OF ACKO : $1 Million

PLAYSTORE RATING: 3.8

EMPLOYEES : 50

TWITTER FOLLOWERS:14

FACEBOOK FOLLOWERS: 55,114

APP

Acko application is available on playstore with rating of 3.8, which is easy to use, just one tap to do it all , app help you deal with insurance instantly, simply at the tap of a button, whether it’s purchase, support, claims or renewal acko support team is always there for you.you can claim car insurance by just Registering your claim at acko.com, they will pick up your car for repairs in the next 60 min,you can even track the repair status on your acko app, and they will drop off your car repaired and ready to go in three day’s.

FEATURES

Instant Car and Two-wheeler Insurance

No Paperwork

Zero-hassle Claims

Track Claims

Track Claim Status

Free Quotes

Compare Covers

All time policy Document Access

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ACKO CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

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