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Acko secures $60 Mn Series D round led by Munich Re Ventures

Shortpedia

Content Team
Image Credit: shortpedia

Digital insurance provider Acko has secured $60 million in its Series D funding round led by Munich Re Ventures along with the participation of existing backers including Amazon, RPS Ventures and Intact Ventures. Acko is planning to accelerate its growth in existing lines and expansion into new product lines, said the company in a statement. In November 2019, the company had raised $36 million from Binny Bansal and Ascent Capital.