<ul><li>Insurtech startup Acko reported revenue of Rs 2,106 crore in FY24, a 19.8% increase from the previous year.</li><li>Gross premiums contributed significantly to the revenue, reaching Rs 1,587 crore, a rise of 33.9%.</li><li>Despite increased total expenditure, Acko managed to reduce net losses by 9.3% to Rs 670 crore in FY24 from the previous year.</li><li>Areas such as employee benefits, advertising, and claims paid were controlled, contributing to the reduction in losses.</li></ul>

Insurtech startup Acko reports Rs 2,106 crore revenue in FY24; losses decline by 9.3%

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