Varun Dua, the Founder and CEO of Acko, a thriving fintech company in India, previously co-founded Coverfox, the country’s leading insurance company, before establishing Acko in 2016. With a marketing background, he served as a marketing manager at Franklin Templeton Investments. Varun is a serial fintech entrepreneur who has played a pivotal role in reshaping India’s insurance industry.
Varun Dua Bio / Wiki
Real Name | Varun Dua |
Nick Name | Varun |
Also Known As | CEO of Acko |
Profession | Fintech Entrepreneur |
Varun Dua Age
Birth Date | 25 February 1981 |
Age (as of 2024) | 43 Years |
Zodiac Sign | Pisces |
Varun Dua Height & Weight
Height (Approx) | In Feet – 5’8″ In Centimeters – 176 cm |
Weight (Approx) | In Kilogram – 65 kg In Pounds – 143 lbs |
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Family
Father | Chander Mohan Dua |
Mother | Rashmi Dua |
Brother | Kartik Dua |
Sister | N/A |
Varun Dua Girlfriend / Wife
Marital Status | Married |
Girlfriend | N/A |
Wife | Sapna Rana |
Children | Son – N/A Daughter – N/A |
Background & Religion
Religion | Hinduism |
Mother Tongue | Hindi |
Food Habits | Vegetarian |
Hobbies | Singing, Travelling |
Birthplace | Mumbai, Maharashtra, India |
Residency | Mumbai, Maharashtra, India |
Nationality | Indian |
Early Life, Education & Career
School | Not Known |
College / University | R.A. Podar College of Commerce & Economics, Mumbai Mudra Institute of Communications (MICA) in Ahmedabad, Gujarat National University of Ireland |
Education Qualification | MBA |
Debut | Established Acko (2016) |
Career | Fintech Entrepreneur |
Varun Dua, born in Mumbai to a middle-class family with his father named Chander Mohan Dua, is married to Sapna Rana, the Head of Music at Acko. They tied the knot in 2012 and share a love for dogs, owning several rescued ones. While details about his mother are not publicly available, Varun completed his bachelor’s degree, pursued an MBA, and holds a Business Analytics degree from the National University of Ireland.
Varun Dua, Founder and CEO of Acko, a prosperous fintech company in India, has led the firm to secure $65 million in funding from notable investors, including Binny Bansal. Acko, a tech-centric insurance company, prioritizes technology to enhance customer experiences and streamline processes. Notably, Acko has collaborated with Amazon to provide auto insurance in India through Amazon Pay.
Prior to establishing Acko in 2016, Varun co-founded Coverfox, India’s foremost insurance company. With a marketing background, he served as a marketing manager at Franklin Templeton Investments. Varun has been instrumental in the substantial transformation of India’s insurance industry.
Varun Dua has shared his transition from Coverfox to Acko and provided insights into the future of insurance in numerous interviews and discussions. Currently serving as the Founder and CEO of Acko, he also holds the position of Managing Director/CEO at Acko General Insurance Ltd. Beyond his responsibilities at Acko, Varun has showcased his expertise as a judge on the third season of the business-themed reality TV show Shark Tank India.
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Awards & Achievements
Awards | 1. Golden Peacock Award 2. Entrepreneur Startup of the Year Award (2019) |
Achievements | Appeared as a Judge in Shark Tank India Season 3 |
Net Worth (as of 2024) (Approx) | ₹ 110 Crore $ 1.1 Billion |
Controversy
- He has received recognition, including the Golden Peacock Award for innovative products and services and the Entrepreneur Startup of the Year Award in 2019.
- There’s also a mention of an award from Varun Dua, the Acko founder, related to the Chennai flood, although specific details about this award are not provided.
Lesser Known Facts About Varun Dua
- Varun Dua, an Indian fintech entrepreneur, is the founder and CEO of Acko, an online insurance firm.
- He initiated his career with an internship at Mumbai’s Leo Burnett Advertising in 2002 and later served as a Marketing Manager at Tata AIG Life Insurance.
- A passionate dog lover, Varun, along with his wife, cares for many rescued dogs.
- In 2024, he took on the role of a judge in the third season of Shark Tank India, a business reality TV show.
- Inspired by Prannoy Roy, Varun aspired to become a news anchor during his childhood.
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