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Acko Genral Insurance raises USD 65 mn from investors

Press Trust of India  |  New Delhi 

Insurance on Wednesday said it has raised USD 65 million from investors, including

The round of funding also saw participation from existing investors such as Amazon, Accel, SAIF and TechPro Ventures, the company said in a statement.

Founded in 2016, Insurance claims to be the country's first digital native insurer, offers an intuitive purchase experience, cheaper prices and stress-free claims.

The company uses a direct-to-consumer approach for distributing motor insurance, allowing for favourable risk selection and superior underwriting.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 13 2019. 21:16 IST