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ACKO enters unicorn club after raising $255 Mn from General Atlantic, others

Shortpedia

Content Team
Image Credit: Inc42

Bengaluru-based insurance aggregator ACKO Insurance became the latest entrant to the coveted unicorn club after raising $255 Mn Series D funding round. The new round of investment was co-led by General Atlantic and Multiples Private Equity. The funding round also saw participation from Canada Pension Plan Investment Board, Lightspeed along with existing investors, Intact Ventures and Munich Re Ventures.