Flipkart's Binny may invest $25mn in Mumbai startup: Reports
Flipkart Co-founder and former Group CEO Binny Bansal may invest $25 million (over â¹175 crore) in Mumbai-based online insurance startup Acko, as per reports. The investment, reportedly part of a larger funding round of $60-80 million, will be Binny's largest one till date. Founded in 2017 by Varun Dua, Amazon-backed Acko has raised around $42 million in total.