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  1. In IPO run-up, ACKO makes four senior leadership appointments

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In IPO run-up, ACKO makes four senior leadership appointments

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox

2 min read | Updated on June 03, 2026, 15:30 IST

SUMMARY

ACKO said that recent appointments will integrate product, business and customer experience functions under unified leadership to allow faster execution and enhance customer outcomes.

ACKO, founded by Varun Dua, secured its licence in 2017 and began operations in 2018. | Image: LinkedIn/ACKO

ACKO, founded by Varun Dua, secured its licence in 2017 and began operations in 2018. | Image: LinkedIn/ACKO

ACKO IPO: IPO-bound digital-first insurance company ACKO has boosted its leadership team with four senior appointments across business verticals like health, auto, mobility ecosystem and customer experience.

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Apoorv Kalra, who was former Chief Product Officer at Junglee Games, will lead ACKO's auto business, while ex-Meta executive Kunal Kapur will look after the health business.

Fixcraft founder Vivek Sharma will head the ACKO Drive Ecosystem, and Neha Gupta, who previously worked at Zepto, has been appointed to look after the assisted experience business.

The Bengaluru headquarter company said that recent appointments will integrate product, business and customer experience functions under unified leadership to allow faster execution and enhance customer outcomes.

ACKO Chief People Officer Satheesh KV said the new leaders bring operational expertise and judgement that can help deliver faster decisions, better products and improved customer service.

According to the company, the revised structure is designed to bring product development, business strategy, pricing, operations and customer experience under single-threaded ownership, reducing the distance between decision-making and customer needs.

ACKO operates a direct-to-consumer (D2C) insurance model and offers motor and health insurance products through digital channels. The company said it remains focused on building a more tightly integrated and execution-driven organisation while scaling sustainably.

ACKO IPO

In April 2026, ACKO picked up Morgan Stanley, Kotak Securities and ICICI Securities as book-running lead managers for its initial public offering.

News agency PTI, quoting its sources, had claimed that the Bengaluru-based insurer is looking at a valuation of around $2-$2.5 billion. The company is expected to file its draft red herring prospectus (DRHP) with SEBI in the coming months.

ACKO, founded by Varun Dua, secured its licence in 2017 and began operations in 2018. It is one of the fastest-growing insurers in India.

The company had reported a 35% year-on-year (YoY) jump in its revenue from operations to ₹2,837 crore. Its net loss was also reduced by 37% YoY, PTI had reported, quoting sources.
This article contains inputs from PTI.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly editor, now associated with Upstox
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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