BIZZ POINT_9 Bengaluru-based insurtech player ACKO said, it plans to use the funds to accelerate its growth in existing lines and expansion into new product lines. It claims to provide frictionless insurance to the ādigitally savvyā through an intuitive purchase experience, zero-paperwork, and stress-free claims process. The firm said it has issued over 650 million policies to over 60 million unique customers to date. It recently partnered with Amazon Pay for distributing two and four-wheeler insurance. ACKO said it also continues to be a market leader in contextual bite-sized insurance products in partnership with 20+ leading players in the internet ecosystem such as Amazon, Ola, redBus, Zomato and UrbanClap. ABOUT INVESTOR : Munich Re Ventures, founded in 2015 and headquartered in San Francisco, has made 30 investments in insurtech and new technology companies globally. for more BUSINESS AND STARTUP NEWS Follow @businessmenworld #businessmenworld #venture #startups #acko #fintech #insurance #insurtech #munich #munichre #digital (at Jharkhand , India) https://www.instagram.com/p/CFOKBmSnJPt/?igshid=o989ih6squ6f











