Acko Life Insurance Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 140.05 Cr
- Company Age 2 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
About Acko Life Insurance
Acko Life Insurance Limited (ALIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 July 2022 (Two years and eight months 17 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 140.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Acko Life Insurance Limited India are Sandip Goenka as CEO and Ramdas Parameswaran as Cfo. Narumanchi Sivakumar, Srinivasan Vaidyanathaswamy, Kavassery Gopalakrishnan, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U66010KA2022PLC163629
- Company No.
163629
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2022
- Date of AGM
12 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Acko Life Insurance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandip Goenka | Managing Director | 01-Oct-2024 | Current |
| Ramdas Parameswaran | CFO | 24-Oct-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Dua  | Director | 11-Jul-2022 | Current |
| Srinivasan Vaidyanathaswamy | Director | 13-Jun-2023 | Current |
| Sharayu Jadhav | Director | 16-Feb-2024 | Current |
| Narumanchi Sivakumar | Additional Director | 15-Sep-2024 | Current |
| Kavassery Gopalakrishnan | Additional Director | 26-Nov-2024 | Current |
Financial Performance of Acko Life Insurance.
Enhance accessibility to Acko Life Insurance's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Acko Life Insurance?
Unlock access to Acko Life Insurance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Suryoday FoundationSrinivasan Vaidyanathaswamy is a mutual person
Schaeffler India LimitedNarumanchi Sivakumar is a mutual person
Kennametal India LimitedNarumanchi Sivakumar is a mutual person
Goqii Technologies Private LimitedSrinivasan Vaidyanathaswamy is a mutual person
Capital Foods Private LimitedNarumanchi Sivakumar is a mutual person
Talentpro India Hr Private LimitedNarumanchi Sivakumar is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Acko Life Insurance?
Unlock and access historical data on people associated with Acko Life Insurance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Acko Life Insurance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Acko Life Insurance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Acko Life Insurance
Recent activity within the organization
- Director Appointment
Kavassery Sankaranarayanan Gopalakrishnan was appointed as a Additional Director was appointed as a Additional Director on 26 Nov 2024 & has been associated with this company since 4 months 1 day .
- Director Appointment
Sandip Goenka was appointed as a Ceo was appointed as a Ceo on 29 Oct 2024 & has been associated with this company since 4 months 29 days .
- Director Appointment
Ramdas Parameswaran was appointed as a Cfo was appointed as a Cfo on 24 Oct 2024 & has been associated with this company since 5 months 3 days .
- Director Appointment
Sandip Goenka was appointed as a Managing Director was appointed as a Managing Director on 01 Oct 2024 & has been associated with this company since 5 months 26 days .
- Director Appointment
Narumanchi Venkata Sivakumar was appointed as a Additional Director was appointed as a Additional Director on 15 Sep 2024 & has been associated with this company since 6 months 12 days .
- Annual General Meeting
Acko Life Insurance Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.
Recent News, Updates & Announcement
ACKO Appoints AI Expert Dr. Mallesh Bommanahal as Chief Data Scientist.ACKO appoints Dr. Mallesh Bommanahal, an AI expert and founder of i3systems.ai, as Chief Data Scientist, strengthening its technological leadership in the insurance industry..
- IRDA Approves New Life Insurance Companies Acko and CreditAccess, Empowering Women in Rural Areas with Microfinance.
IRDA be like: 'New life insurance companies? Sure, why not!' Acko and CreditAccess be like: 'We're in the game now, Mumbai!' It's been a hot minute since a new life insurance company was registered, but CreditAccess Grameen is here to help women in rural areas get loans. #InsuranceGameStrong #EmpoweringWomen #MicrofinanceMasters.
- Acko to go on a hiring spree, moves to new office in Bengaluru.
The company has completed its move to a new facility in HSR Layout in Bengaluru. “We are excited to relocate to our new, larger office in Bengaluru,” said Ruchi Deepak, co-founder of Acko. .
- Acko signs pact with ZestMoney to offer credit insurance.
ZestMoney offers instant financing to consumers across 1000+ online portals and provides them the option of paying through EMIs even if the consumers don’t own a credit card.
- OYO partners ACKO to launch complimentary insurance cover for guests.
The insurance cover will be applicable to bookings made via OYO app, website, mobile website, direct bookings as well as walk-ins. .
- Acko Bolsters Team with Experienced Leaders from Tech and Insurance Industries to Drive Growth and Partnerships with Amazon and Accel.
Acko got new people for HR, marketing, partnerships, and operations-claims. They will help make the company better and work with big names like Amazon and Accel. The new team is a mix of experienced leaders from tech and insurance industries. They will help build the brand, make partnerships, and get good employees. Exciting times for Acko!.
Frequently asked questions
What is the Incorporation or founding date of Acko Life Insurance Limited?
Acko Life Insurance Limited was incorporated on 11 Jul 2022.
What is authorized share capital and paid-up capital of Acko Life Insurance Limited?
The authorized share capital of Acko Life Insurance Limited is ₹ 200.00 Cr and paid-up capital is ₹ 140.05 Cr.
Who are the current board members & directors of Acko Life Insurance Limited?
Currently 8 directors are associated with Acko Life Insurance Limited.
- Narumanchi Venkata Sivakumar
- Srinivasan Vaidyanathaswamy
- Kavassery Sankaranarayanan Gopalakrishnan
- Sandip Goenka
- Sandip Goenka
- Ramdas Parameswaran
- Sharayu Bhausaheb Jadhav
- Varun Dua
What is the registered address of Acko Life Insurance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Acko Life Insurance Limited is No. 36/5 Somasundarapalya, Haralakunte South India, Bangalore, Karnataka, 560102.
What is the corporate identification number (CIN) and company number of Acko Life Insurance Limited?
The corporate identification number (CIN) of Acko Life Insurance Limited is U66010KA2022PLC163629 and the company number is 163629 as per Ministry of Corporate Affairs (MCA).
What is the official website of Acko Life Insurance Limited?
The Official website of Acko Life Insurance Limited is https://www.acko.com
When was the last Balance Sheet of Acko Life Insurance Limited filed with the ROC?
The most recent Balance Sheet for Acko Life Insurance Limited was filed with the ROC on 31 Mar 2024.
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