Acko

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:58 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

Acko inching close to $100-$120 million secondary share sale: report

Acko inching close to $100-$120 million secondary share sale: report

23 Oct 2024, 20:01 PM

Apart from new investors coming in, existing shareholder General Atlantic is also expected to pick additional stake.

Acko posts Rs 2106 cr in revenues; Rs 670 cr in losses in FY24

Acko posts Rs 2106 cr in revenues; Rs 670 cr in losses in FY24

23 Oct 2024, 17:31 PM

Acko reduced its losses by 9.3% to Rs 670 crore in FY24, down from Rs Rs 738.5 crore the year before.

Fintech Highlights

  1. Paytm to become AI-first company: Vijay Shekhar Sharma

  2. Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

  3. Go Digit gets High Court relief on Rs 170 crore GST demand for now

  4. Groww retains top spot in brokerage race despite dip in users

  5. PhonePe, Google Pay command 82% of UPI transaction volumes
  6. Read more highlights...

AI/Emerging Tech

  1. Google hires Windsurf AI talent in $2.4 billion licensing deal

  2. xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

  3. Meta acquires voice AI startup PlayAI in talent push

  4. Saudi Arabia to roll out AI curriculum across schools

  5. Goldman Sachs deploys AI software engineer for routine coding tasks
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case