Varun Dua Wiki, (Founder and CEO Of Acko Insurance) Age, Height, Biography, Family, Wife, Girlfriend, Net Worth, Career & More

Varun Dua Wiki- Varun Dua is an Indian entrepreneur in the fintech industry, best known as the founder and CEO of Acko, a digital insurance company. Prior to Acko, he co-founded and served as the CEO of Coverfox, one of India’s leading online insurance aggregators. In 2024, Varun Dua showcased his business acumen by appearing as a judge on season 3 of Shark Tank India, a popular business reality television series.

Born on February 25, 1981, in Delhi, Varun Dua, aged 43 as of 2024, moved to Mumbai with his family at the age of 2. He pursued a commerce degree at R.A. Podar College Of Commerce & Economics in Mumbai. After completing his undergraduate studies, he appeared for the CAT exam and later pursued a master’s degree in Strategic Marketing and Communications at Mudra Institute of Communications in Ahmedabad, Gujarat.

Shark Tank India’s first season has been a significant boon for ambitious entrepreneurs in India and a massive hit for viewers. The show has not only garnered attention but has also led to lucrative investments for some fortunate individuals. The banter among the Sharks, particularly entertaining for the Indian audience, contributes to the show’s appeal. With the upcoming third season, featuring Varun Dua as one of the sharks, the excitement continues to build for this popular program.

Varun Dua Biography

Contents

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Varun Dua, a notable figure in the Indian startup landscape, is an entrepreneur known for his contributions to the fintech industry. Born on February 25, 1981, in Delhi, Varun embarked on his educational journey at the Indian Institute of Technology (IIT), Delhi, where he pursued a degree in Mathematics and Computer Engineering. However, in 2012, he decided to deviate from the conventional path and follow his entrepreneurial aspirations.

Varun’s professional journey began with diverse experiences, including working as a Trainee at Leo Burnett Advertising and later serving as a Marketing Manager at Tata AIG Life Insurance and Franklin Templeton Investments. In the entrepreneurial realm, he co-founded Glitterbug Technologies and Enser Communications before establishing Coverfox, a prominent online insurance aggregator, in 2013.

Varun Dua’s journey reflects his ability to navigate the dynamic startup landscape and bring innovation to the traditional insurance industry. His appearance as a judge on the third season of Shark Tank India further highlights his influential role in the entrepreneurial ecosystem. With a blend of business acumen and a commitment to innovation, Varun continues to leave a lasting impact on India’s fintech and startup landscape.

Varun Dua Biography

Varun Dua Overview

Aspect Details
Full Name Varun Dua
Birthdate 25 February 1981
Age (As of 2024) 43 years
Birthplace Delhi, India
Zodiac Sign Pisces
Nationality Indian
Education Commerce degree from R.A.Podar College, Mumbai; Master’s in Marketing from MICA, Ahmedabad
Career Highlights – Founder and CEO of Acko
– Co-founder of Coverfox and Glitterbug Technologies
Shark Tank India (2024) Judge on Season 3
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Career Report’s

Varun Dua, founder of Coverfox and CEO of Acko, took a unique path in the startup world that goes beyond the commonly heard “act rapidly and damage things” mantra. After a brief stint as a Trainee at Leo Burnett Advertising, Varun worked as a marketing manager for Tata AIG Life Insurance and Franklin Templeton Investments. Before founding Coverfox in 2013, he started two earlier ventures, Glitterbug Technologies and Enser Communications.

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  • The motivation behind founding Acko, according to Varun, stemmed from recognizing the untapped potential of using the internet to innovate the sale of insurance products. Despite having no prior background in insurance, he delved into its complexities and soon developed a strong desire to start his own venture.
  • Acko, adopting a direct-to-consumer strategy, utilizes its web platform to market traditional insurance services, simplifying underwriting and risk selection. Beyond vehicle, bike, and health insurance, Acko offers unique insurance solutions such as rider insurance, ticket cancellation, and mobile and appliance protection. The company has established partnerships with over 15 digital ecosystem firms, including Ola, RedBus, OYO, Zomato, Urban Company, and more.
  • Varun Dua’s journey includes starting as an intern at Leo Burnett Advertising in 2002, followed by roles at Tata AIG Life Insurance and Franklin Templeton Investments. In 2010, he co-founded GlitterBug Technologies, which later evolved into Coverfox in 2014. Recognizing challenges in the insurance sector, Varun founded Acko in 2017. Acko became a unicorn in October 2021, reaching a valuation of $1.1 billion after a Series D funding round of $255 million.

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Varun Dua Biography

Physical Status

  • Height (approx.): 5′ 8″
  • Hair Colour: Black
  • Eye Colour: Black

Family Member/Relationship

Category Details
Parents – Father: Chander Mohan Dua (Government Employee)
– Mother: Rashmi Dua (School Principal)
Siblings – Younger Brother: Kartik Dua
Marital Status Married
Wife Sapna Rana
Children Not Available
Spouse’s Profession Head of Music Acquisition at Radio Mirchi

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Net Worth

Aspect Details
Funding for Acko Raised $30 Million before Acko’s launch.
Net Worth Estimate Estimated around 1 Billion Dollars, primarily from Acko.
Note The net worth is an estimate based on Acko’s income and may not include other sources. Actual net worth may vary.
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Social Media Accounts

Platform Username/Profile
Twitter @Varun_Dua
LinkedIn Varun Dua
Instagram varundua8
Facebook Varun Dua
Website Acko

FAQ’S

Who is Varun Dua?

Varun Dua is an Indian fintech entrepreneur and the founder/CEO of Acko, a digital insurance company.

What are Varun Dua's notable achievements in the startup ecosystem?

Varun Dua is renowned for founding Coverfox, a top online insurance aggregator, and Acko, a digital insurance company.

What is Acko, and when was it founded?

Acko is a digital insurance company founded by Varun Dua in 2017. It offers various insurance products with a focus on a direct-to-consumer (D2C) approach.

What is Varun Dua's involvement with Shark Tank India?

Varun Dua participated as a judge on Season 3 of Shark Tank India, a business reality television series.

What is Varun Dua's net worth?

Varun Dua's net worth, primarily derived from Acko, is estimated to be around 1 billion dollars. However, this is an approximate figure and may not account for other income sources.

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