India: Insurance startup Acko bags $65m from Binny Bansal, RPS Ventures, others

India: Insurance startup Acko bags $65m from Binny Bansal, RPS Ventures, others

Binny Bansal poses at Flipkart's headquarters in Bengaluru, July 7, 2017. REUTERS/Abhishek N. Chinnappa/Files

Online insurance services provider Acko has raised $65 million in a Series C financing round from Binny Bansal, co-founder and former CEO of Flipkart, RPS Ventures, led by SoftBank’s former managing partner Kabir Misra, and Intact Ventures, the corporate venture arm of a Canadian insurer.

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