Varun Dua: Net Worth, Height, Age & BiographyVarun Dua: Net Worth, Height, Age & Biography

Introduction

Varun Dua is a renowned Indian entrepreneur, fintech innovator, and the founder of Acko, India’s first fully digital insurance company. His vision to revolutionize the insurance sector through technology has made Acko a billion-dollar company, setting new standards in the insurtech industry.

Quick Facts

Personal Information

  • Full Name: Varun Dua
  • Date of Birth: February 25, 1981
  • Age (as of 2025): 44 years old
  • Place of Birth: Delhi, India
  • Nationality: Indian
  • Ethnicity: South Asian

Varun Dua Height and Weight

  • Height: 5 feet 8 inches (173 cm)
  • Weight: 72 kg (159 lbs)

Family & Relationships

  • Marital Status: Married to Sapna Rana (since 2012)
  • Children: No publicly known children

Education & Career

  • Education:
    • Bachelor’s Degree: University of Mumbai
    • Master’s Degree: Mudra Institute of Communications, Ahmedabad (MICA) – Strategic Marketing and Communications
  • Occupation: Entrepreneur, CEO, Insurtech Innovator
  • Net Worth (2025): Estimated $150 million
  • Residence: Mumbai, India

Early Life and Education

Varun Dua was born in Delhi, India, in a middle-class family. His curiosity for finance and technology developed at an early age, inspiring him to pursue higher education in business and marketing.

After completing his schooling, Dua pursued his undergraduate studies at the University of Mumbai, followed by a Master’s in Strategic Marketing and Communications from MICA. His expertise in marketing, business strategy, and consumer behavior laid a strong foundation for his future entrepreneurial journey.

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Career

Early Career in Insurance & Entrepreneurship

Varun Dua started his career in the insurance and finance sector, working at major companies like:

  • Leo Burnett Advertising (Trainee)
  • Tata AIG Life Insurance (Marketing Manager)
  • Franklin Templeton Investments

During his time in the industry, Dua identified key inefficiencies in the traditional insurance model, such as complex documentation, middlemen, and slow claim processes. This insight pushed him to create tech-driven solutions to simplify insurance for customers.

GlitterBug Technologies & Coverfox (2010–2016)

  • In 2010, Varun Dua co-founded GlitterBug Technologies, which aimed to integrate technology into insurance services.
  • This led to the establishment of Coverfox Insurance (2013), an online insurance aggregator that made it easier for users to compare and buy insurance policies.
  • Coverfox gained huge success, raising millions in funding, but Dua realized he wanted to build a digital insurance company from scratch, not just aggregate policies.

Founding Acko (2016–Present)

In 2016, Varun Dua founded Acko, India’s first completely digital insurance company. Unlike traditional insurers, Acko operates on a direct-to-consumer model, eliminating intermediaries and providing faster, cheaper, and more accessible insurance.

Key Innovations at Acko:

  • Tech-First Approach – 100% digital insurance buying and claims process
  • Micro-Insurance ProductsTrip, ride, gadget, and event insurance with partners like Ola, RedBus, OYO, Zomato, and Urban Company
  • AI-Based Pricing & Claims – Uses big data and AI for better risk assessment and instant claim approvals
  • Affordable & Transparent Pricing – No middlemen, so cheaper premiums for customers

Funding & Growth:

  • In 2021, Acko raised $255 million, making it a unicorn startup with a valuation exceeding $1 billion.
  • Acko has over 100 million customers, making it one of India’s fastest-growing insurance providers.
  • Strategic investors include Amazon, Accel, and SAIF Partners.

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Varun Dua Net Worth 2025

As of 2025, Varun Dua’s estimated net worth is $150 million.

Primary Sources of Income:

  • Acko Insurance – Profits from premiums and insurance services
  • Investments – Stake in fintech startups and insurtech innovations
  • Brand Partnerships & Collaborations – Revenue from alliances with major platforms

Financial Growth:

Due to Acko’s expansion into health insurance, micro-insurance, and AI-driven solutions, Dua’s net worth is expected to grow exponentially in the coming years.

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Personal Life

Varun Dua is married to Sapna Rana, and they are actively involved in animal welfare. They have rescued and fostered multiple stray dogs, advocating for better animal rights.

Despite being a public figure, Dua maintains a low-profile personal life, preferring to focus on his work and philanthropic efforts.

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Challenges & Lessons from Varun Dua’s Journey

Challenges Faced:

  • Convincing traditional investors about digital-only insurance
  • Competing with legacy insurance giants
  • Ensuring customer trust in digital policies

Lessons for Entrepreneurs:

  • Disrupt traditional industries with tech-first solutions
  • Customer-first approach leads to long-term success
  • Funding is important, but execution matters more

Varun Dua’s Quote on Innovation:

“The best businesses solve problems that others are afraid to touch. Technology should empower customers, not complicate their lives.”

Achievements & Future Goals

Key Achievements:

  • Founded Acko, India’s first digital insurance company
  • Built Coverfox, a successful insurance aggregator
  • Raised over $500 million in funding for Acko
  • Partnered with Amazon, Ola, OYO, Zomato, and RedBus
  • Became a judge on Shark Tank India, inspiring startups

Future Goals:

  • Expand Acko’s global footprint in digital insurance
  • Innovate with AI-powered claim processing
  • Build health insurance and SME-focused policies
  • Continue mentoring startups & fintech entrepreneurs

Frequently Asked Questions (FAQ)

1. What is Varun Dua’s net worth?

As of 2025, Varun Dua’s net worth is approximately $150 million.

2. What is Varun Dua’s nationality and ethnicity?

He is Indian by nationality and South Asian by ethnicity.

3. How tall is Varun Dua?

He is 5 feet 8 inches (173 cm) tall.

4. How much does Varun Dua weigh?

He weighs 72 kg (159 lbs).

5. Who is Varun Dua married to?

He is married to Sapna Rana.

6. What company did Varun Dua found?

He is the founder and CEO of Acko, a leading digital insurance company.

7. What are Varun Dua’s biggest achievements?

  • Founded Acko, India’s first fully digital insurance company
  • Raised over $500 million in funding
  • Created Coverfox, a successful insurance marketplace
  • Became a judge on Shark Tank India

Conclusion

Varun Dua is a visionary entrepreneur who has reshaped India’s insurance industry through technology, customer-centric policies, and innovative solutions.

With a net worth of $150 million, he is one of India’s leading fintech pioneers. As Acko expands, Dua’s impact on digital finance will only grow, making him a key figure in the future of insurance innovation. 🚀

By Tonews