ACKO Gears Up for IPO to Support Growth and Expansion
- 1Acko plans an IPO aiming to raise $300–400 million
- 2Acko is a digital-first insurer founded in 2016
- 3It serves over 78 million customers across India
Acko, one of India’s leading digital insurers, is planning to go public with an initial public offering (IPO) that could raise between $300 million and $400 million. The Bengaluru-based startup is in early discussions with investment bankers and is targeting a stock market listing by 2026 or 2027. The IPO is expected to support future growth, product development, and national expansion.
Founded in 2016, Acko has focused on simplifying insurance through its digital platform. Users can compare plans, get instant quotes, and complete purchases without paperwork or delays. This digital-first approach initially helped the company gain traction in bike insurance and later expand into other segments. Today, Acko offers a range of products, including health, travel, gadget, and group insurance for businesses.
Growth, Partnerships, and Market Position
Over the years, Acko has built partnerships with more than 50 digital platforms and service providers, allowing insurance to be offered at the point of need during everyday digital activities such as travel bookings and online services. These integrations have helped the company reach a broader customer base and embed insurance into daily digital experiences, from mobility solutions to car insurance online purchases.
The company reports serving over 78 million customers and issuing more than one billion insurance policies since its launch. Alongside customer growth, Acko has also expanded its focus on health insurance, working toward more integrated offerings that include medical testing support, policy issuance, and claims management.
Financial Progress and What Lies Ahead
In recent years, Acko has shown financial improvement, narrowing its losses while increasing revenue, an important factor as it prepares for public markets. The IPO is expected to include a mix of fresh capital and secondary share sales by existing investors, allowing both growth funding and partial exits.
With rising IPO activity among Indian technology companies and growing demand for digital insurance solutions, Acko’s public listing could become a notable milestone in the insurtech sector. More details on the timing, pricing, and structure of the offering are expected as the company moves closer to official filings.
