What is Zopper?
Zopper operates as a comprehensive Insurance Infrastructure API Platform, founded in 2011 and based in Noida, India. Its core offering is an API-based platform that facilitates seamless connectivity between insurers and banks with third-party platforms. The platform encompasses essential modules for policy issuance, administration, claim management, and regulatory reporting, alongside a robust system for lead and campaign management. This technological backbone enables efficient digital transformation within the insurance industry.
How much funding has Zopper raised?
Zopper has raised a total of $105M across 3 funding rounds:
Series B
$5M
Series C
$75M
Series D
$25M
Series B (2014): $5M with participation from Nirvana Venture Private Limited and Blume Ventures
Series C (2022): $75M led by Blume Ventures, Tiger Global Management, ICICI Venture Funds Management, Bessemer Venture Partners, and Creaegis
Series D (2024): $25M supported by Blume Ventures, Creaegis, ICICI Venture Funds Management, and Bessemer Venture Partners
Key Investors in Zopper
Blume Ventures
Blume Ventures is an India-focused early-stage investment firm that backs founders from seed through scale-up, providing local insight and hands-on support for technology-led businesses.
Tiger Global Management
Tiger Global Management is an investment firm that deploys capital across both public and private markets, with a global investment strategy.
ICICI Venture Funds Management
ICICI Venture Funds Management is a venture capital firm that has evolved to focus on late-stage investments, managing significant assets across various strategies.
What's next for Zopper?
The substantial enterprise-level funding Zopper has attracted, culminating in its recent $25M investment, signals a strong trajectory for scaling its operations and enhancing its technological capabilities. As an established player in the insurtech space, this capital will likely be deployed to expand its market reach, deepen partnerships with financial institutions, and further innovate its API offerings. The company's focus on infrastructure suggests a strategy aimed at becoming a foundational technology provider for a wide array of insurance and banking services.
See full Zopper company page
