3.9 Teardowns | Bolt & Acko Insurance
The $11B company streamlining digital payments and the digitally-native insurer with 70M+ customers.
Hi Everyone 👋,
Welcome to Teardowns. We’re excited to have you join us for this experiment as we dive into the fastest-growing companies across different industries and geographies.
As we kick-off, we’re going to be playing around with different formats for this newsletter to figure out what works best for sharing the latest teardowns. We’d love to get feedback from you on any ideas as you receive these – everything from cadence of the emails to how we package things.
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Bolt – Offering digital merchants streamlined online checkout experiences
Founded: 2014. Funds Raised: $950M+. Valuation: $11B.
Acko Insurance – One of India’s largest digitally-native insurers
Founded: 2016. Funds Raised: $450M+. Valuation: $1.1B.
Teardowns from earlier this week
ShareChat – Indian social media network with over 180 million users
Founded: 2015. Funds Raised: $1.2B. Valuation: $3.7B.
Apna.co – A professional networking platform leveraged by over 22 million users and 200k employers
Founded: 2019. Funds Raised: $193M. Valuation: $1.1B.
Optoro – Offering a reverse logistics solution to brands and retailers in the U.S.
Founded: 2010. Funds Raised: $252.8M. Good Process: $100M+.
Digit Insurance – One of India’s largest digital insurance brokers
Founded: 2016. Funds Raised: $500M+. Valuation: $3.5B.
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