Varun Dua

CEO, Acko
Bengaluru, Karnataka,India
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Who Is Varun Dua?

Total Experience19 years
CompanyAcko
CountryIndia

Varun Dua is a prominent Indian entrepreneur and a key figure in the country's insurtech revolution. As the Founder and CEO of Acko General Insurance, he is dedicated to transforming the traditional insurance industry with a technology-first, customer-centric approach. Before founding Acko, he co-founded Coverfox.com, one of India's leading online insurance aggregators. With a deep understanding of the insurance sector gained from his early career at firms like Franklin Templeton Investments and Tata AIG, Varun identified a critical need for simplification and transparency. His vision is to leverage data and digital platforms to create insurance products that are simple to understand, easy to purchase, and offer a seamless claims experience for the modern consumer.

How Did Varun Dua's Career Path Shape Their Journey?

Varun Dua's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Acko - CEO(2016 to Present)
Coverfox Insurance - CEO(2013 to 2016)
GlitterBug Technologies - Co-Founder(2010 to 2013)
Franklin Templeton Investments - Marketing Manager(2007 to 2008)
Tata AIG Life Insurance - Marketing Manager(2003 to 2007)
Leo Burnett Advertising - Trainee(2002 to 2002)

What Are Varun Dua's Key Achievements?

Founder & CEO of Acko, India's First Digital Insurer

Founded Acko in 2016, pioneering a direct-to-consumer, technology-first model in India's traditional insurance industry. Under his leadership, Acko achieved unicorn status in 2021, valued at over $1.1 billion, by making insurance transparent, affordable, and accessible through a digital platform.

Co-founder of Coverfox

Co-founded Coverfox.com in 2013, an online insurance brokerage platform that simplified the process of comparing and buying insurance policies for Indian consumers, laying the groundwork for his future ventures in the insurtech space.

Fortune India's '40 Under 40' Honoree

Recognized in Fortune India's prestigious '40 Under 40' list for his significant contributions to disrupting the insurance industry and his entrepreneurial success with Acko.

The Economic Times '40 under 40' Honoree

Featured in The Economic Times' '40 under 40' list, celebrating him as one of India's brightest young business leaders for his innovative work in the financial services and insurtech sectors.

What's Varun Dua's Educational Background?

Degree Program

MICA | The School of Ideas

Degree Program

University of Mumbai

Buying Intent Signals for Varun Dua

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Acko
Total employees1800
HeadquartersBengaluru
Founded2016

Acko is a digital-first, direct-to-consumer insurance company based in India. By leveraging technology and a data-driven approach, Acko offers a streamlined and transparent insurance experience, eliminating the need for traditional agents. This model allows for more affordable premiums and a hassle-free process for purchasing policies and filing claims. The company primarily focuses on auto (car and bike) and health insurance, aiming to make insurance simple, accessible, and convenient for the modern consumer.

Acko Funding Information
Unknown - Total Funding Raised
$255M - Most recent funding amount
8 - Number of funding rounds
Oct 28, 2021 - Latest funding round
Lead Investors:
General Atlantic
Multiples Private Equity
Canada Pension Plan Investment Board (CPPIB)
Lightspeed Venture Partners
Elevation Capital
Accel
Intact Ventures
Binny Bansal

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