ACKO acquires healthtech firm OneCare

Insurtech unicorn ACKO has acquired the digital persistent care administration firm OneCare, to construct a complete healthcare ecosystem.

The acquisition, an undisclosed all-cash transaction, will see Dr. Rakesh Shivran and Sagar Bhat, co-founders of OneCare, be part of the ACKO management staff.

The acquisition is a key part of its technique to construct a healthcare ecosystem to handle points of a buyer’s medical health insurance wants, from safety to prevention, care and restoration.

OneCare has developed an omnichannel care mannequin that mixes superior wearables, data-driven insights, and accessibility of each bodily clinics and digital care groups.

“We’re always redefining the healthcare panorama for our prospects at ACKO. We’ve acquired OneCare, whose core enterprise values emphasise a customer-first method and complete care, sharing our frequent objectives to alleviate buyer ache factors. Integrating OneCare’s capabilities will assist us weave cutting-edge scientific care straight into our prospects’ insurance coverage experiences,,” stated Varun Dua, Founder and CEO of ACKO.

Based in 2016, Acko provides insurance coverage for automobiles, well being, and journey, and has raised over $450 million from traders, together with Amazon, Common Atlantic and Multiples Personal Fairness.



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