Amazon and Intact Financial Corporation both contributed to a series C round that reportedly swelled the auto insurance provider's valuation to about $300m.
India-based digital insurance platform developer Acko has completed a $65m series C round featuring e-commerce and cloud services firm Amazon and insurance provider Intact Financial Corporation, TechCrunch reported on Wednesday.
Venture capital firms RPS Ventures, TechPro Ventures and Accel also took part in the round, as did private equity firm SAIF Partners and Flipkart co-founder and chief executive Binny Bansal.
The round, which increased Acko’s overall funding to $107m and valued it at approximately $300m, a source close to the…