Acko is expected to file its draft prospectus in 2026 and is working towards a market debut in early 2027, sources said.

Acko IPO: Insurance Firm Said To Pick Bankers, Targets $2-$2.5 Billion Valuation

Acko has appointed investment banks to prepare for a confidential initial public offering filing, according to sources familiar with the matter.

The digital insurer is targeting a valuation of $2 billion to $2.5 billion, the sources said. It is expected to file its draft prospectus in 2026 and is working towards a market debut in early 2027.

The planned share sale would mark the next step in Acko's growth plans as it looks to tap public markets. A confidential filing route allows companies to begin the listing process without immediately disclosing detailed documents in the public domain.

Morgan Stanley, Kotak Mahindra Capital and ICICI Securities have been appointed to manage the proposed offering, the sources said.

Acko management did not comment on queries from NDTV Profit.