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 Hightlights

  1. IPO-bound Groww records Rs 1,820 crore net profit; raises fresh capital

  2. Crypto neobank startup PlutoPe bags pre-seed funding

  3. IPO-bound Pine Labs CFO quits

  4. Cred raises $72 million led by GIC in a downround

  5. Pine Labs set to file DRHP for IPO by June-end
  6. Read more highlights...

AI/Emerging Tech

  1. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  2. Read more highlights...

Editor's Pick

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

  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

  3. UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?