ACKO Acquires Digital Health Platform Parentlane To Expand Beyond Core Insurance Offerings

ACKO Acquires Digital Health Platform Parentlane To Expand Beyond Core Insurance Offerings

SUMMARY

Founded in 2015, Parentlane provides young millennial parents with healthcare solutions from preconception to early childhood development phase

The insurtech unicorn said that the deal would help it in building a digital healthcare ecosystem focused on solving core problems in healthcare access for customers

Following the deal, Parentlane cofounder and CEO Vijay Anand will join the ACKO leadership team and spearhead strategic initiatives for the company

Bengaluru-based insurtech unicorn ACKO on Friday (March 17) said it has acquired digital health platform Parentlane. However, it didn’t disclose the acquisition cost. 

Parentlane’s personalised guidance and advice on maternity and child health, combined with ACKO’s core insurance offering, will enable better healthcare choices, informed decisions, and improved outcomes for millennial parents, the startup said in a statement.

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