Insurtech startup ACKO Insurance, founded five years ago, is the latest to join the unicorn club after raising $255 million in Series D round, which has valued the company at $1.1 billion.
Acko is now the 34th startup to enter India's growing list of unicorns, and the second insurtech startup to become a unicorn. Digit Insurance is another insurtech startup which became a unicorn in January, 2021.
