India, Nov. 17 -- Insurtech unicorn ACKO managed to trim its consolidated net loss by 36.7% to INR 424.4 Cr in FY25 from INR 669.9 Cr in the previous year, on the back of strong revenue growth and improvement in its margins.

Operating revenue rose 34.7% to INR 2,836.8 Cr during the year under review from INR 2,106.3 Cr in FY24. Other income declined 6.1% to INR 50.6 Cr from INR 53.9 Cr.

Including other income of INR 50.6 Cr, the startup's total income rose 33.7% to INR 2,887.5 Cr from INR 2,160.2 Cr in FY24.

ACKO's EBITDA loss narrowed to INR 404.1 Cr in FY25 from INR 650.2 Cr, while EBITDA margin improved to -14% from -31% in the previous fiscal year.

Founded in 2016 by Varun Dua and Ruchi Deepak, ACKO sells automobile, health, and t...