We all know that with the changing market conditions, we have seen a drastic rise in India’s financial technology industry. This explosive surge over the last few years has increased the total assets of more than $8 billion allegedly invested across several stages. Today India has the highest Fintech rate of adoption. At present, India has registered over 10,2000 fintech startups hence contributing to its growing nature. In fact, in the year 2025, this fintech industry has grown over $150 billion. Now that we have talked so much about numbers and figures, let’s know one of the rising personalities from the fintech industry. Acko Founder, Varun Dua is a shiny name in the world of finances. Hence keep reading this blog till the end as we uncover details related to him. By the end of this blog, we explore and bring in details related to his family as well as his professional life close to you.
Who is Varun Dua?
Varun Dua born in the year 1981 in Delhi India, is popularly known as Acko Founder and Chief Executive of Acko. Varun holds an overall experience of 10 years in the insurance market. His company holds a wide spectrum of services and responsibilities. Prior to making his own venture into the market he was in charge of marketing analytics for direct business acquisition and technology for effective customer services. After leaving the 9 to 5 life Varun created a career for himself which is now known to all for its vast range of services and effective customer management.
Wiki: Varun Dua Age, Height & More
| Name | Varun Dua |
| Profession | Fintech Entrepreneur |
| Date of Birth | 25 February 1981 (Wednesday) |
| Varun Dua Age (as of 2025) | 44 Years |
| Birthplace | Delhi, India |
| Zodiac sign | Pisces |
| Nationality | Indian |
| Hometown | Mumbai, Maharashtra |
| Height | 5 feet 8 inches |
| Eye Colour | Black |
| Hair Colour | Black |
Educational Journey of Varun Dua
As per sources, Varun Dua began his educational journey from his hometown in Mumbai itself. He began his schooling at a local school in Mumbai, and after completing his schooling he enrolled for higher studies. He enrolled himself in R.A. Podar College of Commerce & Economics based in Mumbai, Maharastra. Then after a degree in the field of commerce from this college, he continued on his journey for higher education. Then he attended Mudra Institute of Communications located in Ahmedabad, Gujarat from where he completed his Masters in Strategic Marketing and Communications.
Varun Dua Career Highlights
Varun Dua’s career soon began after his graduation, when he began to work with Leo Burnett Advertising as a Trainee. Here he worked for less than a year and then went on to work with TATA AIG Life Insurance and Franklin Templeton Investments as a Marketing Manager. Then in the year 2013, he founded Coverfox, an online insurance aggregation platform with the manta, “act rapidly and damage things’. Then he also founded Glitterberg Technologies and Enser Communications. It was from these work experiences that Varun got motivated to find Acko. According to him, these work experiences made him aware that there has been an open chance to use the World Wide Web to bring numerous interesting measures of selling insurance products. In all those, one can clearly give credit to the environment in which he belong of insurances and finances that attracted him into it.
Acko Founder Varun Dua’s Landmark
Varun Dua founded Acko in the year 2016 with the overall motto of “Insurance made easy: Zero commission. Zero paperwork.” the firm ran a campaign with the phrase, “Full Paisa Wasool” to make people largely aware of its services. The main agenda of this campaign was to provide consumers the complete value. Acko’s approach of digital-only reduced the retail costs of building physical storefronts as well as a parasitic reliance on the distribution of network, both of which are factors that competing insurance firms rely on heavily. Dua shared that Insurers are obliged to hire salespeople to reach out to clients and market their goods because they all provide the same comparable products.
Over the years, Acko has gained five-star ratings from its customers for making a variety of customer-friendly programs. This organization now has over 4.5 crores of satisfied customers as a result of its customer-centric initiatives. In fact, Acko has reported operating revenue of INR 1, 224 crores in the Financial Year 2022 which grew to INR 1, 758 cores in the Financial Year 2023 and INR 2,106 crores in the Financial Year 2024. However, during these years the brand also suffered several losses where in 2022 the brand lost over INR 482 crore, in 2023 over INR 738.5 crore, and in 2024 over INR 670 crore.
They provide exceptional customer service, and consequently, Acko has earned the trust of their clients. Acko’s impressive growth is also attributed to Narayan Murthy and Accel. Acko underwrote a premium totaling INR 41.56 crore in September 2019. Compared to 2018, the company experienced a sixfold growth. The premium was earlier assessed at INR 6.53 crore. Due to the pandemic, customers could not visit the showrooms. On the other hand, purchases of automobiles through digital channels have significantly risen. So, whether for our car, bicycle, or ourselves, pre-bought insurance is almost always helpful, if not truly a lifesaver. Regrettably, not every insurance service provider is eager to adopt a 0% fee and provide online assistance to their clients, but Acko is, which is the reason why Acko is rapidly gaining popularity.
Varun Dua Wife
Varun Dua after establishing a successful career married in the year 2012. The exact date or information about the venue is not known to the media or any sources. But we do not know that Varun Dua’s Wife is Sapna Rana. His wife is head of music acquisition at Radio Mirchi and has been leading a happy and independent life.
Familial Ties of Varun Dua
There is very limited information available about Varun Dua’s familial ties. The potential reason behind this could be his choice to maintain a private lifestyle. As per sources, his father’s name is Chander Mohan Dua who by profession was a government employee. At the same time, his mother Rashmi Dua is a retired school principal. Varun shared his childhood years with his brother Kartik Dua. Apart from this, no details are available about Dua’s brother’s profession or career.
Varun Dua Net Worth
Varun Dua’s Net worth is estimated to be around INR 107 crore as of the year 2024. The major part of his income is derived from his founded brand Acko. Aside from being Acko’s Founder, Varun is also an angel investor where he supports various startups in the fintech industry.
Varun Dua Investments & Shark Tank India
Varun Dua over the years has been highly active in the market for investments. As per sources here’s the list of some of the major known investments done by Acko Founder Varun Dua.
| Date | Company | Round Amount | Lead Investor |
| Aug 12, 2024 | infinyte.club | INR 302 million | – |
| Jun 25, 2024 | Plus Gold | $1.2 million | – |
| Sep 2, 2021 | dezerv. | $7 million | – |
| May 23, 2017 | Acko | $30 million | No |
| Feb 21, 2016 | Charcoal Eats | $150K | No |
For those unaware, let us tell you that Varun Dua has been there in the Shark Tank season in India. The show was a big hit for the audience, entrepreneurs, and investors as well. For the audience, it has been an interesting bid show, while for others it has been a matter of career and development. The show gave exposure along with lucrative investment from the sharks. In this show being judged, Varun did pay off for some of the chosen brands. In this show, Sharks banter, which is the most amazing and amusing segment for the desi population, is what makes the show what it is today, a real craze.
Varun Dua’s Social Media Handle
Among the range of social media platforms, Varun Dua is highly active on his official Instagram account. On his official Instagram @growwwithvarun, he has overall 70k followers, with 3 following by him. It is on this official handle that he has shared over 270 posts through which he shares about his career and life memories.
Challenges Faced by Varun Dua
While telling stories to several media, Varun Dua talked about facing one of the major challenges of lack of trust from the audience. This lack of trust was one of the major hurdles that Varun Dua had to deal with which created a big obstacle in his way from the initial beginning. This gap was in fact exacerbated by the complexities of the product in the market. The buying process and the claiming process intensified such trust issues. Because as per customers the buying process of insurance has always been a highly extensive, time-consuming, and frequently iterative process. Therefore, these times he worked on improving the consumer experience all the way through the value chain.
