Explore the latest news, in-depth reports, and executive analysis tagged with #Acko.
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's Chief Marketing Officer Ashish Mishra has also quit the company.
Acko's net loss narrowed to Rs 424.4 crore in FY25 from Rs 669.9 crore in the previous fiscal.
As part of the deal, Dhoni will additionally take on the role of brand ambassador for the platform.
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.
Apart from new investors coming in, existing shareholder General Atlantic is also expected to pick additional stake.
Acko reduced its losses by 9.3% to Rs 670 crore in FY24, down from Rs Rs 738.5 crore the year before.
