Amazon leads $12m investment round into online general insurer
Move marks the tech giant's first step into the insurance sector in India.
Amazon has led a $12m (£9m) investment round in Mumbai-based InsurTech start-up Acko Technologies, the owner of online provider Acko General Insurance, according to Economic Times.
The article claimed it was the first investment the tech giant has made in India’s insurance services sector.
Amazon declined to comment on whether it is looking to make similar investments in the UK market.
However, the news has come shortly after recent reports that Amazon is looking at entering the UK general
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