Varun Dua, born on February 25, 1981 (45 years old), in Delhi, India, is a well-known businessman. He is famous for making insurance easy and fully online in India.
He started Acko Insurance, a company that gives simple and fast insurance without paperwork. Before that, he also helped start Coverfox, a website where people can compare and buy insurance.
Varun’s smart ideas have made him a big name in the startup world. In 2024, he also appeared on Shark Tank India Season 3 as a judge, helping new business owners grow.
Keep reading to learn more about Varun Dua’s family, education, net worth, and life story.
Varun Dua Wiki & Early Life
| Full Name | Varun Dua |
| Profession | Entrepreneur, Founder & CEO of Acko General Insurance, Co‑founder of Coverfox & GlitterBug Technologies |
| Age | 45 years old |
| Date of Birth | February 25, 1981 |
| Nationality | Indian |
| Zodiac/Sun Sign | Pisces |
| Birthplace | Delhi, India |
| Current Address | Delhi, India |
Varun Dua Wife
Varun married Sapna Rana in 2012. She has been a constant support in his life and career. Sapna is known to be the Head of music acquisition at Radio Mirchi.
| Relationship Status | Married |
| Wife | Sapna Rana |
Varun Dua Family
Varun Dua comes from a supportive and close-knit family in Delhi, India. His parents have played an important role in shaping his values and early life.
Father
Varun’s father is Chander Mohan Dua. While there isn’t much public information about his profession, he is known to have been a strong influence in Varun’s life.
Mother
His mother’s name is Rashmi Dua. She is often mentioned with love and respect in the few interviews where Varun talks about his family.
Siblings
Varun has a younger brother named Kartik Dua. There is not much public detail about Kartik’s profession or background, but they share a good bond as siblings.
| Parent’s Name | Father: Chander Mohan Dua Mother: Rashmi Dua |
| Siblings | Brother: Kartik Dua |
Varun Dua Education
Varun completed his early education in Delhi, where he was born and raised. The name of the school is still unknown.
College & Higher Studies
After school, Varun moved to Mumbai for higher studies. He completed his Bachelor’s degree from R.A. Podar College, University of Mumbai.
Later, he pursued a Master’s degree in Strategic Marketing and Communication from MICA (Mudra Institute of Communications, Ahmedabad).
| School | Yet to be updated |
| Alma Mater | University of Mumbai, R.A. Podar College, MICA, Ahmedabad |
| Highest Qualification | Bachelor’s & Master’s in Strategic Marketing & Communications |
Varun Dua Career
Varun began his career in 2002 as a marketing intern at the global ad agency Leo Burnett. This early experience gave him his first taste of branding and communication.
He learned how to understand what customers want and how to build trust through messaging.
After that, in 2003, he joined Tata AIG as a Marketing Manager. This was his first big step into the insurance world.
He worked there for about four years and got a deep understanding of how insurance companies work, especially how they communicate with customers.
In 2007, he moved to Franklin Templeton, a leading investment firm. There, he worked on building brand awareness and learned how financial services are marketed on a bigger scale.
Becoming an Entrepreneur
By 2010, Varun wanted to do something of his own. He co-founded a tech company called GlitterBug Technologies, which offered digital tools to insurance firms.
But his real entrepreneurial breakthrough came in 2013 when he launched Coverfox, a smart online platform that let users compare, choose, and buy insurance policies from different companies all in one place.
At that time, this was a new and much-needed service in India. Under his leadership, Coverfox grew fast and attracted a lot of attention in the fintech space.
Building Acko – A Digital Insurance Revolution
In 2016, Varun took his biggest leap yet. He started Acko Insurance, a company that would change how Indians think about buying insurance. Instead of relying on paperwork and agents, Acko was fully digital, direct-to-customer, and easy to use.
With Acko, Varun focused on providing simple policies for things like cars, bikes, mobiles, and even health without long forms or hidden charges.
Big companies like Ola, Amazon, Zomato, and RedBus partnered with Acko to offer insurance to their customers, too.
Thanks to Varun’s leadership, Acko grew fast. In 2021, it became a unicorn, a startup valued at over $1 billion. Investors saw the potential in Acko’s tech-first approach, and the company raised millions of dollars in funding.
On Screen: Shark Tank India
In 2024, Varun became one of the judges on Shark Tank India Season 3. This made him a household name.
On the show, he advised new business owners and invested in fresh startup ideas. His calm, thoughtful style and clear understanding of the startup world made him a favorite among viewers.
| Year | Role | Company / Network |
| 2002 | Marketing Intern | Leo Burnett |
| 2003 | Marketing Manager | Tata AIG |
| 2007 | Brand Manager | Franklin Templeton |
| 2010 | Co-founder | GlitterBug Technologies |
| 2013 | Founder & CEO | Coverfox |
| 2016 | Founder & CEO | Acko Insurance |
| 2021 | Acko reaches unicorn status | Acko Insurance |
| 2024 | Judge / Investor (Shark) | Shark Tank India – Season 3 |
Awards and Achievements
Varun Dua has received several awards over the years for his innovation in the insurance industry and his success as a startup founder.
Below are some of his key recognitions:
| Year | Award / Recognition | Reason / For |
| 2019 | Golden Peacock Award | For innovative products and services by Acko |
| 2019 | Entrepreneur Startup of the Year Award | For outstanding startup performance by Acko |
| 2018 | Featured in LinkedIn’s Top 25 Startups in India | Recognized as a top emerging |
| 2018 | Featured in Business Today’s “Coolest Startup” list | Acko’s recognition as one of the coolest startups |
| 2019 | Fortune India’s “40 Under 40” list | Varun Dua featured as a leading young entrepreneur |
| 2019 | Golden Peacock Innovative Product Award | For Acko’s contextual micro-insurance product |
| 2020 | Most Innovative Insurer (Non-Life Segment) via FICCI Insurance Industry Awards | For Acko’s innovation in non-life insurance |
| 2021 | Best Insurtech Company at BW Festival of Fintech | For Acko’s leadership in insurtech |
Varun Dua Net Worth, Salary
Varun Dua’s estimated net worth is around ₹107 crore, while his annual income is approximately ₹1.4 crore.
| Net Worth in Dollars (Approx.) | ₹107 crore |
| Salary (Approx.) | ₹1.4 crore |
Varun Dua Height, Weight & Physical Stats
Varun Dua has a smart and simple personality. He stands at about 5 feet 8 inches (173 cm) tall. He has black hair and black eyes.
While his exact weight and body measurements are yet to be updated, he maintains a clean and professional appearance, often seen in business-casual outfits during public events and shows like Shark Tank India.
| Height | In centimetres: 173 cm In meters: 1.73 m In feet & inches: 5 feet 8 inches |
| Weight | In kg: Yet to be updated In lbs: Yet to be updated |
| Body Measurements | Yet to be updated |
| Hair Color | Black |
| Eye Color | Black |
Varun Dua X, LinkedIn
| X |  @duavarun |
 @thevarundua |
Interesting Facts About Varun Dua
- Varun Dua started his career in advertising before moving into insurance.
- He is a trained marketing expert with a degree from MICA, Ahmedabad.
- Varun is a big dog lover and has rescued dogs with his wife.
- Acko was the first Indian insurance company to operate fully online.
- Dua was featured on Shark Tank India Season 3 in 2024.
FAQs
Who is Varun Dua?
Varun Dua is an Indian entrepreneur best known as the founder of Acko Insurance and a former co-founder of Coverfox.
Is Varun Dua married?
Yes, Varun Dua has been married to Sapna Rana since 2012.
Was Varun Dua on Shark Tank India?
Yes, Varun Dua appeared as a judge on Shark Tank India Season 3 in 2024.
