[1][2] Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017.

[3][4] Acko follows an online-led model and hence all operations for the company are offered through the digital platform.

[5][6] Acko General Insurance was founded by Varun Dua, is the Chief Executive Officer.

[7] As of 2018, Acko has raised ₹274 crore ($42 million) in funding from investors such as Amazon, Accel Partners, SAIF Partners, Catamaran Ventures.

Acko BLORE October 2021, the company secured its position as India's 34th unicorn by raising $255 million through a Series D funding round.