Varun Dua | Founder of ACKO Insurance | ACKO Insurance Startup Story

These days, instead of doing a job, people are increasingly running after creating their own startup. Because in this you do not have to listen to anyone, along with this you can also become a millionaire. However, for this you will have to make some investment first and also take risk. It is not necessary that all businesses are successful, some startups also face failure but they can also be made successful with their hard work. Something similar has been done by Varun Dua, who these days is seen as the new hero in Shark Tank India Season 3. Who have earned billions by making waves in the insurance sector. Let’s know the interesting success story of Varun Dua.

Varun Dua did his studies from MICA (Mudra Institute of Communication), Ahmedabad. He was born on 25 February 1981 in Delhi, but was brought up in Mumbai. He received R.A. Earned a degree in commerce from Podar College of Commerce and Economics. After which he worked as an intern in Leo Burnett Advertising, from where he joined Tata AIG Life Insurance Company as Marketing Manager. He worked here from 2003 to 2007. However, he wanted to start his own business, so he left his job.

Now Varun started his business career with Glitter Work Technology. Whose name was changed in the year 2010 to Coverfox which is online insurance brokerage form. After the success of this company, he formed ACKO company in the year 2017, whose turnover has reached 1.1 billion dollars. This is a digital insurance company. Which started its services in mobile insurance apart from automobile. After this, it has also partnered with Ola, where it has introduced passenger insurance.

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According to media reports, Varun Dua’s net worth is around $1 billion. Today he has received an investment of 30 million dollars. At present, he lives a luxury life. Talking about his personal life, he is married to Sapna Rana in 2012. Apart from this, he is very fond of animals. That’s why he also keeps dogs. Apart from being a source of inspiration, he is also an example for those doing new business.