Shark Tank India is set to make a splash with its third season, and the excitement is heightened with the addition of Varun Dua, the Founder and CEO of Acko, to the esteemed panel of sharks. As the show returns, Varun Dua brings a wealth of entrepreneurial experience and insights to the table, enhancing the lineup of industry leaders.
Who is Varun Dua? At 38 years old, Varun Dua holds the position of Founder and Chief Executive Officer at Acko Insurance and is the proprietor of CoverFox. He earned his Bachelor’s degree from the University of Mumbai and pursued a master’s degree at MICA (Mudra Institute of Communications) in Ahmedabad, a prestigious business school in India.
Varun Dua’s Professional Journey: Varun boasts over a decade of experience in the insurance market. His professional journey commenced as a Trainee at Leo Burnett Advertising. Subsequently, he held positions at Tata AIG Life Insurance and Franklin Templeton Investments, contributing to marketing analytics and technology for direct business acquisition and customer service.
The Inception of Acko: Driven by a vision to revolutionize the sale of insurance products, Varun Dua founded Acko with a focus on leveraging the internet for innovative and streamlined processes, reducing paperwork and ensuring quick results. Before the establishment of Acko in 2016, Varun had already left his mark in the online insurance aggregation space with CoverFox.
Acko’s Valuation Milestone: Acko achieved unicorn status in October 2021, attaining a valuation of $1 billion and above. This marked a significant milestone, making Acko the 34th startup in India to join the coveted unicorn club, according to a report by Livemint.
Varun Dua in Shark Tank India 3:Varun Dua’s inclusion in Shark Tank India 3 adds depth to the panel, joining other industry leaders such as Aman Gupta, Amit Jain, Anupam Mittal, Namita Thapar, Vineeta Singh, Peyush Bansal, Ritesh Agarwal, Deepinder Goyal, Azhar Iqubal, and Radhika Gupta. The show, exclusive to Sony Liv, offers aspiring entrepreneurs the unique opportunity to present their ideas to this formidable lineup.
The Promise of Varun Dua’s Presence: With Varun Dua’s extensive entrepreneurial journey, innovative mindset, and strong background in the insurance sector, his presence on Shark Tank India 3 holds the promise of valuable insights for both participants and viewers. The show remains a platform where groundbreaking ideas encounter seasoned investors, fostering opportunities for the next wave of Indian entrepreneurs.