After a $255 million fund raising round, Acko- a start up in which sector became a unicorn?

After a $255 million fund raising round, Acko- a start up in which sector became a unicorn?

  • Insurance
  • Grocery delivery
  • Food delivery
  • Medicine delivery

Correct Answer is Insurance.

After a $255 million fund raising round, Acko- a start up in Insurance sector became a unicorn.

Acko became India’s second unicorn after receiving $255 million at a $1.1 billion value in a transaction spearheaded by private equity companies General Atlantic and Multiples Private Equity.

Acko, an insurance policy provider, is the latest Indian startup to become a unicorn, joining almost three dozen other companies in the world’s second-largest internet market this year.

The Bangalore-based business announced a new funding round of $255 million, increasing its total funding to $450 million. General Atlantic and Multiples Private Equity led the fresh fundraising round, which is subject to clearance by the country’s insurance regulator.

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Answer 1: Insurance

Answer 2: Cameron Norrie

Answer 3: Timothee Chalamet

Answer 4: Bali

Answer 5: Mexico

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