GA-Backed Acko Is Said to Hire Banks for $350 Million India IPO

GA-Backed Acko Is Said to Hire Banks for $350 Million India IPO

Digital insurer Acko moves closer to India IPO

The digital insurer, backed by General Atlantic, Canada Pension Plan Investment Board, and Accel, plans to file its DRHP confidentially with SEBI in H2 2026. In FY25 it grew revenue 35% to Rs 2,837 crore and cut net losses by 37%. It has raised over $583 million in total funding. Acko, the Bengaluru-based digital-first general […] This story continues at The Next Web

Acko appoints bankers for IPO, targets $2-$2.5 bn valuation

The IPO is expected to include a mix of a fresh issue and an offer for sale (OFS) by existing investors, with the company targeting a valuation in the range of approximately Rs 16,600 crore to Rs 20,750 crore.

Acko Advances IPO Plans with $2–$2.5 Billion Valuation Target

India’s fast-growing insurtech space is witnessing another major development as Acko moves ahead with its initial public offering (IPO) ambitions. The company is reportedly preparing for a public listing with a targeted valuation ranging between $2 billion and $2.5 billion, signalling strong confidence in its business model and growth trajectory. As part of the process, Acko has onboarded leading financial institutions, including ICICI Securitie…

ACKO taps merchant bankers for IPO; targets USD 2-2.5 bn valuation

New Delhi, Apr 27 (PTI) Digital-first insurer ACKO has set the stage for its stock market debut, picking up ICICI Securities, Morgan Stanley and Kotak Securities as book-running lead managers, sources familiar with the development said. The Bengaluru-based firm is eyeing a valuation of about USD 2-2.5 billion for its initial public offering (IPO) and is expected to file its draft red herring prospectus (DRHP) with the Securities and Exchange Boa…

Acko Ropes In Bankers For IPO, Targets H1 2027 Listing

Insurtech unicorn Acko has roped in ICICI Securities, Morgan Stanley, and Kotak Securities as the bankers for its upcoming IPO, sources told Inc42.  The startup is targeting a valuation of $2-2.5 Bn for the IPO. It is looking to file the DRHP via the confidential route in the second half of 2026 and is eyeing a listing in the first half of 2027, the sources added. The public issue is expected to comprise a fresh issue of shares as well as an off…