Acko invests $1.2mn in car service & repair startup Pitstop

Insurtech firm Acko, which specializes in auto insurance, has invested $1.2 million in car service and repair platform Pitstop as part of its strategy to improve customer engagement and smoothing the claim settlement process.

Acko cofounder Ruchi Deepak told ET that the strategic investment is first in line of other planned tieups, as the four-year-old company attempts to create a full stack online car ownership platform.

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