India, April 27 -- Insurtech unicorn Acko has roped in ICICI Securities, Morgan Stanley, and Kotak Securities as the bankers for its upcoming IPO, sources told Inc42. 

The startup is targeting a valuation of $2-2.5 Bn for the IPO. It is looking to file DRHP for its IPO via the confidential route in the second half of 2026 and is eyeing a listing in the first half of 2027, the sources added.

The public issue is expected to comprise a fresh issue of shares as well as an offer-for-sale (OFS) component. 

Acko declined to comment on Inc42's queries on the development. 

(The story will be updated soon)

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