About ZOOP
ZOOP is a Technology company based in Pune (India) founded in 2016 by Vijay Chhuttani and Ritesh Kothari. Digital onboarding and identity verification services are provided. It operates on a SaaS (Software-as-a-Service) and Professional Services model in Technology, Industrial Goods & Manufacturing, and Financial Services sectors. ZOOP has raised $143.96 thousand across 3 funding rounds from investors including Utpal Doshi, Jayantha Prabhu and Ganesh Iyer. ZOOP was last valued at $1.38 million in September 2020. Its chief executive, as recorded, is Ritesh Kothari. Its website zoop.one draws about 26 thousand monthly visits. Its Indian entity Quagga Tech Private Limited reported revenue of ₹55.54 Cr. ZOOP offers products and services including AML Check, Fraud Prevention, Digital Contracting, Digital KYC, and Facial Analysis. Its focus areas include FinTech, Identity Verification, Security and Fraud Prevention.
Company details
ZOOP is involved in delivering custom verification and digital solutions across various industries in India. Services are provided for sectors such as gaming, retail, banking, and motor insurance. Solutions like AML checks, fraud prevention, digital KYC, and facial analysis are offered to ensure compliance and security. The company is focused on streamlining onboarding processes and enhancing digital contracting capabilities for businesses.
- Headquarters Pune, India
- Founders Vijay Chhuttani, Ritesh Kothari
- Stage Minicorn
- SectorsTechnologyIndustrial Goods & Manufacturing Financial Services
- Email••••••••
- Website zoop.one
- Social LinkedIn X Facebook Instagram
- Legal Name Quagga Tech Pvt. Ltd.
- Date of Incorporation 16 Mar, 2016
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹55.54 Cr
FY 2025 · +38% YoY
- Net Profit₹11.45 Cr
FY 2025 · 21% margin
- EBITDA₹15.89 Cr
FY 2025 · 29% margin
- Total Equity Funding$143.96K (USD)
in 3 rounds
- Latest Funding Round$30.52K (USD), Seed
Sep 2020
- InvestorsPrathamesh Enterprises
& 43 more
Associated legal entities of ZOOP
ZOOP operates through Quagga Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Quagga Tech Private Limited CIN U74999PN2016PTC158857 | Active | 16 Mar 2016 | Pune, Maharashtra | ₹55.5 Cr | 60 | 3 | View details |
Products & Services of ZOOP
ZOOP offers a comprehensive portfolio of products and services, including AML Check, Fraud Prevention, Digital Contracting, Digital KYC, and Facial Analysis.
AML checks are provided for compliance and security purposes.
Fraud prevention solutions are offered to protect against risks.
Digital contracting services are facilitated for efficient agreements.
Digital KYC processes are supported for identity verification.
Facial analysis technology is used for identity confirmation.
Funding Insights of ZOOP
ZOOP has successfully raised a total of $143.96K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $30.52 thousand completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $143,961
- Total Rounds 3
- Last Round Seed — $30,520
- First Round $41,868
(Nov 2017)
- Investors Count 44
All 3 funding rounds of ZOOP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $30,520 | Seed | $1.38M | Sunil Mehta | |
| May 2019 | $71,573 | Seed | $1.11M | Utpal Doshi, Jayantha Prabhu | |
| Nov 2017 | $41,868 | Seed | $••••• | Sanjay Bharat Mehta |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2020 | $1.38M | •••••••• |
| May 2019 | $1.11M | •••••••• |
| Nov 2017 | $••••• | •••••••• |
Full valuation and stage history of ZOOP
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.38M (Sep 2020). 44 investors in total: 2 institutional and 42 angel.
Investors in ZOOP
ZOOP has secured backing from 44 investors, including angel and institutional investors. Prominent investors backing the company include Utpal Doshi, Jayantha Prabhu and Ganesh Iyer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Construction contracting services are provided in Nashik, India. | prathameshent.com | Nashik, India | ||
UD Utpal Doshi | unknown_9c7502b290d94184b | |||
JP Jayantha Prabhu | unknown_0e8a1d282fe94cdb8 | |||
GI Ganesh Iyer | unknown_bffaa9f5f4a64cbfb | |||
JK Jiganesh Kenia | unknown_d6e114295a154c6fa | |||
SG Sunil Gupta | Angel investor, co-founder of Yatra.com, active in Indian startup ecosystem | unknown_beac6abc4286427db | ||
AM Anand Murarilal Mittal | Angel investor, co-founder of Solvy Tech, focused on tech startups | unknown_bc952ab535024931a | ||
LB Lalitha Belwal | unknown_4fd6e1d11ee34f3d9 | |||
GM Geetu Munjal | unknown_2ca9124b888d44329 |
Investor details for ZOOP
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Quagga Tech Private Limited (ZOOP)
Quagga Tech Private Limited is the primary company behind ZOOP. The board of Quagga Tech Private Limited currently have 2 directors; the longest-serving is Vijay Chhuttani, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijay Chhuttani DIN 07569483 | Director | 05 Dec 2016 | 9 yrs 10 mo | Quagga Tech Private Limited |
| Ritesh Mahendra Kothari DIN 07316518 | CEO | 07 Jul 2017 | 9 yrs 3 mo | Quagga Tech Private Limited |
People of ZOOP
2 people are tracked at ZOOP (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for ZOOP
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ZOOP
Figures of Quagga Tech Private Limited, the primary company behind ZOOP, for FY 2025. Revenue was ₹55.54 Cr (+38% year on year). Net profit was ₹11.45 Cr (21% margin). EBITDA was ₹15.89 Cr (29% margin). Revenue has grown at a compounded annual rate of +41% over three years and +53% over five years.
- ₹55.54 CrRevenue · FY 2025 · +38% YoY
- ₹11.45 CrNet profit · 21% margin
- ₹15.89 CrEBITDA · 29% margin
- ₹2 LakhPaid-up capital
- 60Employees (provident fund records)
- +41%Revenue CAGR, 3 years
- +53%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Quagga Tech Private Limited are on its company page.
Detailed financial statements for ZOOP
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of ZOOP
4 dated milestones of ZOOP across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ZOOP is founded.
- Funding First funding round of $42K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $31K.
Web traffic of ZOOP
The website of ZOOP (zoop.one) receives about 25.8K visits a month.
- Monthly visits25.8K
▼ 21.1% vs previous month
Websites whose visitors overlap most with ZOOP. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| signzy.com | 100% | 61K | #621,848 | View details | |
storage.googleapis.com | storage.googleapis.com | 97% | #1,052 | – | |
| descope.com | 96% | 216.1K | #204,034 | View details | |
| hyperverge.co | 95% | 2.1M | #26,919 | View details | |
| figma.com | 93% | 84.7M | #221 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for ZOOP
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 31 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Zoop
Complete news archive for ZOOP
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Frequently Asked Questions about ZOOP
ZOOP was founded in 2016 and raised its 1st funding round 1 year after it was founded.
ZOOP is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Ritesh Kothari is the CEO of ZOOP, as recorded in our data. They have also founded this company.
ZOOP is a funded company, having raised a total of $143.96K across 3 funding rounds to date. The company's 1st funding round was a Seed of $41.87K, raised on Nov 2017.
The primary company behind ZOOP, Quagga Tech Private Limited, reported revenue of ₹55.54 Cr for FY 2025, up 38% year on year.
ZOOP is involved in delivering custom verification and digital solutions across various industries in India. Services are provided for sectors such as gaming, retail, banking, and motor insurance. Solutions like AML checks, fraud prevention, digital KYC, and facial analysis are offered to ensure compliance and security. The company is focused on streamlining onboarding processes and enhancing digital contracting capabilities for businesses.
ZOOP offers AML Check, Fraud Prevention, Digital Contracting, Digital KYC, and Facial Analysis.
ZOOP has 44 investors. Key investors include Utpal Doshi, Jayantha Prabhu, Ganesh Iyer, Jiganesh Kenia, and Sunil Gupta.
The valuation of ZOOP is $1.38M as of Sep 2020.
ZOOP operates through Quagga Tech Private Limited.
The legal entities of ZOOP currently have 2 directors, including Ritesh Mahendra Kothari, Vijay Chhuttani.