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Varun Dua

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Fintech Entrepreneur Varun Dua

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 NameVarun Dua
Nick NameVarun
Also Known AsCEO of Acko
ProfessionFintech Entrepreneur

Varun Dua Age

Birth Date25 February 1981
Age (as of 2024)43 Years
Zodiac SignPisces

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

FatherChander Mohan Dua
MotherRashmi Dua
BrotherKartik Dua
SisterN/A

Varun Dua Girlfriend / Wife

Marital StatusMarried
GirlfriendN/A
WifeSapna Rana
ChildrenSon – N/A
Daughter – N/A

Background & Religion

ReligionHinduism
Mother TongueHindi
Food HabitsVegetarian
HobbiesSinging, Travelling
BirthplaceMumbai, Maharashtra, India
ResidencyMumbai, Maharashtra, India
NationalityIndian

Early Life, Education & Career

SchoolNot Known
College / UniversityR.A. Podar College of Commerce & Economics, Mumbai
Mudra Institute of Communications (MICA) in Ahmedabad, Gujarat
National University of Ireland
Education QualificationMBA
DebutEstablished Acko (2016)
CareerFintech 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

Awards1. Golden Peacock Award
2. Entrepreneur Startup of the Year Award (2019)
AchievementsAppeared 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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Disclaimer

The above information is sourced from various third-party websites, media house reports, and interview videos. TrueBio.wiki does not guarantee 100% accuracy of the facts & figures. Kindly fill out this form for any corrections.

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