Who Owns Acko Insurance? Full Ownership & Founder Details (2025)

Acko Insurance has received considerable traction in the digital insurance sector in India. Millions of individuals have moved away from traditional insurers to Acko for health or auto insurance because of ease of claims, no paper, and the prices of products.

But, did you ask yourself — 👉 Who owns Acko Insurance?

Here’s the breakdown on the ownership, founders, and shareholders in simple terms.

⸻

🧾 1. Acko Insurance Parent Company

Acko Insurance is owned by Acko Technology & Services Pvt. Ltd., a private limited company registered in India.

• Acko Technology & Services Pvt. Ltd. is the 100% owner of Acko Insurance, and is also the 100% owner of Acko Life Insurance Limited, making it the ultimate fiduciary.

• Acko is a digital-first general insurer who received a license by the IRDAI in 2017.

⸻

👨‍💼 2. Acko Founders & Co-founders

The success of Acko Insurance has much to do with its visionaries — Varun Dua and Ruchi Deepak.

• Varun Dua is the founder and current CEO of Acko Insurance. He has a marketing background and was previously a co-founder of Coverfox, another startup in the insurance industry.

• Ruchi Deepak (co-founder) plays a crucial role in developing the legal and operational strategy.

Varun Dua is the main owner and the face of the company, but more importantly, he is looking to innovate India’s insurance space.

3.Major Acko Investors and Shareholders

In addition to its founders, Acko Insurance received investments from large, global investment firms.

The key investors in Acko are:

• 🟡 Amazon – Early on, Amazon made a substantial investment in Acko, anticipating in India a growing interest in digital insurance.

• 🟢 Accel Partners – A venture capital firm that has invested substantially in successful firms such as Flipkart and Swiggy.

• 🔵 Catamaran Ventures – Was started by Narayana Murthy, a co-founder of Infosys.

• 🟣 Swiss Re – A re-insurance company, with global standards that brings credibility to their investment.

The above investors hold a minority stake in the company with the parent company and founders, still in control of Acko.

⸻

🚀 4. Acko’s Journey: From Startup to Insurance Giant

Acko Insurance started in 2016 with the vision to simplify, make transparent and for the customer to purchase insurance 100% online. In under a decade, Acko has achieved:

• More than 100 million users in all of India

• Partnerships with companies and brands such as Ola, Amazon and Zomato

• Growth in car, bike and health insurance segments

Acko is operating as a digital-only company, eliminating the need for agents, a physical location, or almost any paperwork . By being a digital only company, Acko is able to provide lower premiums, as well as being able to settle claims quicker than a traditional company could.

5. Quick Ownership Summary Table

Frequently Asked Questions (FAQs) on Who owns Acko Insurance

⸻

📝 Summary

So who buys Acko Insurance?

✅ The ownership is mainly of the parent company, Acko Technology & Services Pvt. Ltd. which is lead by Varun Dua and Ruchi Deepak.

✅ Their key investors include Amazon and Accel Partners, who hold small stakes, to ultimately support its growth.

✅ Acko has become one of the largest and most prominent insurance brands in India in the short few years of implementing a new digital structure.

Also Read :

Compare Acko Vs Do digit Insurances

Ditto Insurance Review 2025- Full truth Inside

BH number plate in India- How to apply