Acko is an under-the-radar startup that wants to disrupt India’s insurance industry through a digital-only model. This week the company stuck its head above the parapet and announced that it has raised $30 million to get started on its bold plan. Founded by Varun Dua, the man behind insurance comparison site Coverfox, Acko is designed as a wholly digital take on insurance in India.… Read More
Appian prices application software IPO at $12
Virginia-based Appian is finally braving the public markets, after a long journey as a private company formed in the dot-com boom of 1999. Appian announced Wednesday that they priced their IPO at $12 per share, raising $75 million for the company. This is in-line with the previously proposed price range of $11 to $13. Appian provides app development software for its business and… Read More
Peloton is now a unicorn because of the spinning class craze
Have you ever taken a class at SoulCycle? Or better yet, Flywheel? Spinning has turned out to be a big business and there’s one brand that’s been gaining traction in the at-home fitness space. Peloton’s $2000 bikes have developed a cult following, mainly because of its live-streamed classes, which are offered as an added subscription and can be displayed on the bike screen.… Read More