Funding Friday: Acko Catches the Eye of Binny Bansal & Blackbuck Takes a Step Ahead Towards the Unicorn Status

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By Mohit Sabharwal

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  1. Insurance Startup Acko has raised $65 million in a Series C funding round. Flipkart co-founder Binny Bansal has invested $ 25 million in the new-age online insurance provider.
  2. MSwipe, a Mumbai-based mobile POS startup, has taken another swipe at funding. The company has raised $ 31.5 million in series E round of funding.
  3. Blackbuck, India's largest trucking platform, is in talks with Goldman Sachs, Sequoia Capital and Accel Partners to raise $150 million. The newly raised funds are expected to take its valuation to $800 million.
  4. Fassos parents company, Rebel Foods, has raised close to $16 million in a series D round of funding. The Pune-based food maker is seeking to raise $100 million in multiple funding rounds.

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Mohit Sabharwal

Former Senior Correspondent, Entrepreneur India Magazine

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