General Atlantic and Multiples led a $255m Series D round in ACKO.

Private equity firms General Atlantic and Multiples Private Equity, led a $255m Series D funding round in ACKO, an Indian digital insurance company. Additional investors in the round include Canada Pension Plan Investment Board, Lightspeed, Intact Ventures and Munich Re Ventures. “ACKO has meaningfully redefined the protection category for consumers and plans to continue innovating in the space. We are thrilled to partner with trusted investors who have a deep understanding of the regulatory environment and bring first-hand experience in working with innovative, high-growth companies," Varun Dua, ACKO Founder & CEO.