Draft:AckoDrive

AckoDrive is an online automotive marketplace based in Bengaluru. It was launched in 2019 and provides tools for researching and purchasing new vehicles, with s

Draft:AckoDrive
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AckoDrive
TypePrivate
IndustryAutomotive marketplace
Founded2019
FounderVarun Dua
HeadquartersBengaluru, India
Websiteackodrive.com

AckoDrive is an online automotive marketplace based in Bengaluru. It was launched in 2019 and provides tools for researching and purchasing new vehicles, with services such as price discovery and finance options.[1][2]

History

AckoDrive was launched in 2019[3] as a platform to help users browse and purchase new cars, beginning with pilot operations in Bengaluru.[4][5] In 2020, in response to the COVID-19 pandemic and growing demand for contactless transactions, AckoDrive upgraded its platform to support fully online car purchases,[6] including options for financing, insurance, and home delivery.[7][8]

By 2024, the platform had expanded to 12 Indian cities, including Delhi NCR, Mumbai, and Chennai.[9][10] It also added after-sales services, operating two service centres in Bengaluru as of 2024.[11][12] AckoDrive has announced partnerships with automotive and mobility platforms such as Spinny and CARS24. In March 2024, it partnered with Zoomcar to support vehicle purchases for platform hosts through financing options.[13][4]

References

  1. ^ Singh, Abhilasha (2020-06-09). "'Small/entry-level new car sales to rise in coming months': AckoDrive's promise of guaranteed delivery". Financialexpress. Retrieved 2025-10-24.
  2. ^ "Meet Varun Dua, founder of Acko, the man who built a billion-dollar D2C insurance firm from the ground up". Financialexpress. Retrieved 2025-10-24.
  3. ^ Manikandan, Ashwin (2020-09-10). "Acko invests $1.2 million in Pitstop". The Economic Times. ISSN 0013-0389. Retrieved 2025-10-24.
  4. ^ a b Sharma, Sonali (March 10, 2025). "ACKO drive revolutionizes car buying in India". DNA India. Retrieved 2025-10-24.
  5. ^ "How ACKO Drive Is Enhancing Ways To Buy Cars Online". Dainik Jagran. 2025-01-10. Retrieved 2025-10-24.
  6. ^ Povaiah, Roshun (2020-06-08). "Car-Buying After Lockdown: New Business Models Emerge". TheQuint. Retrieved 2025-10-24.
  7. ^ "AckoDrive offers contactless platform for car buyers". The Economic Times. 2020-06-08. ISSN 0013-0389. Retrieved 2025-10-24.
  8. ^ "AckoDrive launches online car purchase portal". The Times of India. 2020-06-05. ISSN 0971-8257. Retrieved 2025-10-24.
  9. ^ Sil, Debarghya (2023-10-09). "Acko Earned INR 1,759 Cr By Selling Insurance In FY23". Inc42 Media.
  10. ^ Singh, Abhilasha (2020-06-09). "'Small/entry-level new car sales to rise in coming months': AckoDrive's promise of guaranteed delivery". The Financial Express. Retrieved 2025-10-24.
  11. ^ Mohile, Shally (2024-06-26). "InsurTech firm ACKO drives into car repair and service space". The Economic Times. ISSN 0013-0389. Retrieved 2025-10-24.
  12. ^ Today, Telangana (2022-03-15). "ACKO Drive launches in Hyderabad, offers one-stop solution for car buyers". Telangana Today. Retrieved 2025-10-24.
  13. ^ "Zoomcar Partners with ACKO Drive to increase car fleet - ET Auto". ETAuto.com. Retrieved 2025-10-24.

Category:Online automotive companies Category:2019 establishments in Karnataka

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