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Varun Dua is the co-founder and CEO of Acko, a digital insurance platform in India. He has a background in marketing and advertising, and has appeared as a shark on Shark Tank India.
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Acko's Founder and Chief Executive Officer, Varun Dua, has over 10+ years of experience in the insurance market, with a wide spectrum of services and responsibilities. He was in charge of marketing analytics for direct business acquisition and technology for effective customer service. Coverfox Insurance Broking Pvt. Ltd. was his company, and he wa...
Varun Dua, the founder of Coverfox, an online insurance aggregation platform, followed the road less traveled in a startup climate where the mantra is "act rapidly and damage things." Varun worked as a Trainee at Leo Burnett Advertising for less than a year after graduating. He subsequently went on to work for TataAIG Life Insurance and Franklin Te...
Acko's overall motto, according to its website, is "Insurance made easy: Zero commission. Zero paperwork." Acko ran a campaign with the phrase "Full Paisa Wasool" to make people aware. The term "complete value for money" refers to insurance providing complete value. Insurance schemes are how Acko makes money. Furthermore, Acko's digital-only approa...
A basic challenge with his journey in the insurance sector, according to Dua, has been a lack of trust, which has created a big obstacle in his way in the beginning. Because of the complexities of the products on the market, the buying procedure, and the claiming process, the trust gap is exacerbated. Customers have always found the insurance claim...
In more ways than one, the first season of the show, Shark Tank Indiahas been a blessing to ambitious entrepreneurs in India. For watchers, it has been a huge hit! For openers, the show has brought those entrepreneurs a lot of attention, if not money. The exposure, along with lucrative investments from the sharks, has paid off for some chosen ones....
Who is the owner of Acko Insurance?
Varun Dua is the founder and CEO of Acko Insurance.
From where did Varun Dua graduate?
Varun Dua Mudra Institute of Communications (MICA), Ahmedabad.
Is ACKO profitable?
In the fiscal year ending March 31, 2023, Acko's net loss climbed by more than 1.5X. They lost INR 738.5 Cr in the fiscal year 2022-23 (FY23), a 53% increase from INR 482.3 Cr in FY22 due to an increase in expenses.
Learn about Varun Dua, the serial fintech entrepreneur who launched Acko, India's first digital insurance company, and became a judge on Shark Tank India. Discover his biography, career, challenges, and achievements in the insurance industry.
- 1981
- Indian
Learn about Varun Dua's age, wife, family, biography, and career as the founder of Acko, an online insurance firm. He is also a dog lover and a judge on Shark Tank India, a business reality TV show.
- 25 February 1981 (Wednesday)
- Black
- Black
Learn about Varun Dua's biography, career, family, and achievements. He is the founder of Acko, a digital insurance company, and a co-founder of Coverfox, an online insurance aggregator. He also appeared as a judge on Shark Tank India season 3 in 2024.
Dec 16, 2023 · Varun Dua is the founder and CEO of Acko Insurance, a unicorn startup with a valuation of $1 billion. He will join the panel of sharks for Shark Tank India 3, a reality show on Sony LIV.
Feb 22, 2024 · Meet Varun Dua, CEO of Acko & Shark Tank India Judge, pioneering innovation in India's finance & insurance sector. Learn about his journey & vision for change here.
Sep 6, 2017 · 1. Synopsis. Acko founder believes he can offer faster, cheaper and more personalised insurance policies by combining his knowledge of finance and data analytics. ET Online. Name of the company: Acko General Insurance. Launch date: Last quarter of 2017. Founder's name: Varun Dua. Location: Mumbai. Funding raised in 2017: $30 million.
