Bottomline: General Atlantic-backed Acko’s FY23 revenue growth slows, losses widen
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Bottomline: General Atlantic-backed Acko’s FY23 revenue growth slows, losses widen

By Malvika Maloo

  • 04 Oct 2023
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Bottomline: General Atlantic-backed Acko’s FY23 revenue growth slows, losses widen
Credit: 123RF.com

Insurtech unicorn Acko, which has been diversifying its offerings beyond general insurance to health and life insurance, recorded a wider loss for the financial year through March 2023 as an increase in expenses offset a rise in revenue.  The company, which raised $255 million in October 2021 from private equity firms General ......

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