Acko strengthens leadership team with four appointments amid IPO plans
04 Jun 2026, 10:33 AMThe company has appointed Apoorv Kalra, formerly with Junglee Games, to lead its automobile insurance business, while ex-Meta executive Kunal Kapur will head the health insurance vertical.
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Insurtech startup Acko has strengthened its senior leadership team with four key appointments as the company gears up for a planned stock market debut.
The company has appointed Apoorv Kalra, formerly with Junglee Games, to lead its automobile insurance business, while ex-Meta executive Kunal Kapur will head the health insurance vertical.
Acko has also named Vivek Sharma, cofounder of car servicing platform Fixcraft, as the head of the Acko Drive Ecosystem. In the role, Sharma will oversee the company's vehicle buying and servicing operations through Acko Drive, its automotive marketplace platform.
Meanwhile, former Zepto executive Neha Gupta has joined the company to lead its assisted experience business, focusing on technology-led customer engagement across pre-sales and post-sales interactions.
The appointments come as Acko sharpens its leadership structure ahead of a proposed initial public offering. The company is reportedly planning to file confidential draft papers with the Securities and Exchange Board of India (SEBI) in the second half of 2026 and is targeting a public listing in the first half of 2027. The offering is expected to seek a valuation of $2 billion to $2.5 billion and could comprise both a fresh issue of shares and an offer-for-sale component.
According to the company, the leadership additions are aimed at strengthening execution capabilities and supporting long-term growth across its business verticals.
The appointments follow a recent restructuring exercise in which Acko reduced nearly 5% of its workforce, impacting around 60 employees. The company had linked the move to the growing adoption of artificial intelligence and automation across operations.
Founded in 2016 by Varun Dua and Ruchi Deepak, Acko offers automobile, health, travel and life insurance products. The company entered the unicorn club in 2021 after raising $255 million in a funding round led by General Atlantic and Multiples Private Equity.
For FY25, Acko reported a 34.7% rise in operating revenue to Rs 2,836.8 crore. Its consolidated net loss narrowed 36.7% year-on-year to Rs 424.4 crore.
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