CRED members with credit scores above 750 will receive motor insurance at reduced premiums
ACKO term life plan provides customers with flexibility by incorporating the changes in coverage amount or tenure as per the need
The ambulance's arrival can be tracked in real-time for added peace of mind during critical situations
Das was chief underwriting officer in the company
As of now, PhonePe offers a number of insurance products, including health insurance, car insurance, bike insurance, and travel insurance, among others
Digital insurance player ACKO has hopped on the bandwagon, introducing 'The 100 Over Cover,' an insurance policy that provides coverage for all personal injuries sustained during the match
Competition Commission of India (CCI) on Wednesday cleared General Atlantic Singapore ACK's proposed acquisition of an additional 4.04 per cent stake in Acko Technology and Services. General Atlantic Singapore ACK Pte (GASACK) is an investment holding company held by funds or vehicles controlled by US-based private equity firm General Atlantic. The proposed combination envisages the acquisition of an additional 4.04 per cent shareholding of Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte. Ltd, according to an official release. "CCI approved the proposed combination subject to compliance of modifications jointly furnished by GASAK and GAP Bermuda, LP under regulation 19(2) of the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011," the release said. Acko Tech is engaged in the business of providing general (non-life) insurance through its subsidiary Acko Genera
Lithium-ion battery recycler Lohum on Tuesday said it has joined hands with ACKO to recycle and reuse batteries. The partnership, which is expected to accelerate the adoption of electric vehicles in the country, will help optimise the battery insurance and financing costs for the customers, Lohum said in a statement. The collaboration will benefit EV battery original Equipment Makers (OEMs) that have their products underwritten by the first-tech insurer, the company said. This will, in turn, provide easy access to domestic EV customers, battery OEMs, dealerships, and all ecosystem stakeholders to advanced aftermarket services, Lohum said. "This partnership aligns with our vision of lowering the carbon emissions of EV batteries and building customer-centric solutions across the battery materials supply chain, said Rajat Verma, Founder and CEO of Lohum. Under the partnership, the first-tech insurer will continue to provide performance warranty insurance for EV batteries to multiple
Between 2011 and 2020, more than 300,000 vehicles were stolen in the national capital
According to the H1 2022 Urban Company Earnings Index, UC Partners who completed over 30 orders in a month earned over Rs 32,000 per month in Q2 2022
India's fastest-growing InsurTech company, ACKO has onboarded Gaurav Gupta as the Vice President of Engineering. Bespoke CTO Search firm, Purple Quarter continued to be ACKO's preferred partner.
Bengaluru (Karnataka) [India], June 10 (ANI/NewsVoir): India's first and fastest-growing digital insurance policy provider, Acko General Insurance, announced a strategic tie-up with Shadowfax, largest crowdsourced B2B last-mile delivery services platform.
Acko breaks the clutter through the traditionally middlemen-driven, commission-loaded insurance business in the country, by offering policies online, which should help it scale faster
With this Series C funding, Acko has totally raised $107 mn. It had earlier raised $30 mn in one of the largest seed rounds among Indian start-ups, and $30 mn in Series B funding