Overview
Acko Technology & Services Pvt. has kicked off early discussions for a potential initial public offering (IPO) worth up to ₹2,900 crore, signalling another high-profile tech-led listing from India’s insurance space. As per a Bloomberg report dated January 13, 2026, the digital insurer has invited pitches from investment banks and is expected to appoint advisers in the coming weeks.
People familiar with the matter said the IPO is likely to be launched in the second half of 2026, though deliberations are still at a preliminary stage and the final structure, valuation and timing could change. The company has not yet made an official announcement on the proposed listing.
The development comes amid a strong IPO cycle in India, supported by steady mutual fund inflows and sustained appetite for new-age digital businesses.
Offer Snapshot
- Proposed IPO size: Up to ₹2,900 crore
- Issue structure: Mix of fresh issue and secondary share sales
- Expected timeline: Second half of 2026
- Advisers: Likely to be appointed in the coming weeks
- Current status: Exploratory stage; terms still under discussion
The IPO could help Acko raise growth capital while also offering partial exits to early investors.
Financials
Acko has not yet disclosed IPO-specific financial numbers. However, the company has been scaling rapidly across multiple insurance verticals using a digital-first, low-cost operating model.
Key financial metrics investors are expected to track once draft papers are filed include:
- Revenue growth across motor, health and travel insurance
- Claims ratios and underwriting performance
- Cost control and progress towards profitability
More clarity on margins and earnings trajectory is expected closer to the IPO filing.
Business Highlights
Acko operates as a full-stack digital insurer focused on simplifying insurance buying and claims.
- Offers car, health and travel insurance products
- Known for zero paperwork, instant renewals and same-day claim settlements
- Relies heavily on technology, data analytics and partnerships
- Backed by global investors such as General Atlantic, CPPIB and Accel
Its digital model has helped it gain traction in a market traditionally dominated by offline insurers.
Use of Proceeds
Proceeds from the fresh issue portion of the IPO are likely to be used for:
- Strengthening capital base to support underwriting growth
- Expanding product portfolio and distribution reach
- Continued investment in technology and data infrastructure
- General corporate purposes
Secondary sales would allow existing investors to monetise part of their holdings.
Risks
Key risks investors should consider include:
- High competition from established insurers and emerging insurtech players
- Regulatory uncertainties in India’s insurance sector
- Profitability pressures due to pricing and claims volatility
- Dependence on sustained digital adoption by customers
These factors could influence long-term growth and returns.
What to Watch Next
- Appointment of lead investment banks
- Formal IPO announcement and filing timeline
- Disclosure of financials and valuation expectations
- Overall IPO market sentiment in 2026
India ranked among the world’s busiest IPO markets in 2025, with companies raising about ₹1.95 lakh crore, and Acko’s potential listing could add further momentum to the pipeline.