Acko General Insurance, an independent general insurer with its entire operations offered through digital platform, has raised $ 30 million in a seed round, making it one of the largest seed round for a start up in India.

Set-up by Varun Dua, previously founder of Coverfox, Acko General\ Insurance has received its in-principle regulatory approval to launch a General Insurance business in India.

Acko General Insurance is backed by Narayanmurthy’s Catamaran Ventures, Venk Krishnan and Subba Rao of NuVentures, Kris Gopalakrishnan, Co-founder Infosys, Hemendra Kothari of DSP Blackrock, Atul Nishar – Founder & Chairman of Hexaware Technologies, Rajeev Gupta, veteran investment banker and Founder of Arpwood Capital, Accel and SAIF Partners.

srivats.kr@thehindu.co.in