About Zopper
Zopper is a company based in Noida (India) founded in 2011 by Neeraj Jain, Surjendu Kuila, and Mayank Gupta was acquired by PhonePe in July 2018. It operates as a API-as-a-Product and B2B2C. Zopper has raised $120.6 million across 7 funding rounds from investors including PhonePe, Bessemer Venture Partners and IQ-EQ. Zopper has completed 1 acquisition, including Easy POS. Zopper offers products and services including Insurtech APIs, Insurance Software, and Device Protection Plans. Zopper operates in a competitive market with competitors including Bolttech, Cover Genius, Qover, Open and Lami, among others.
- Headquarter Noida, India
- Founders Neeraj Jain, Surjendu Kuila, Mayank Gupta
- Stage Minicorn
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Sectors
Financial Services
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- Legal Name Solvy Tech Solutions Pvt Ltd
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Products & Services of Zopper
Zopper offers a comprehensive portfolio of products and services, including Insurtech APIs, Insurance Software, and Device Protection Plans.
Customized APIs are provided for seamless insurance integration.
Advanced software is developed for insurance product distribution.
Protection plans are offered for lifestyle business customers.
People of Zopper
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Software Development Team
40 people
Sales and Marketing
12 people
Leadership Team
11 people
Operations Team
8 people
Senior Team
5 people
Business Team
4 people
Finance and Accounting
4 people
Human Resources and Administration
3 people
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Funding Insights of Zopper
Zopper has successfully raised a total of $120.6M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $25 million completed in November 2024. 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.
Investors in Zopper
Zopper has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include PhonePe, Bessemer Venture Partners and IQ-EQ.
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Elevation Capital is focused on early-stage tech investments in India.
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Venture capital investments are provided to startup founders by Dharana.
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Seed and early-stage investments are made across sectors in India.
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Investor details for Zopper
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Investments & Acquisitions by Zopper
Zopper has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Easy POS.
Investment portfolio details for Zopper
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- Portfolio identities
- Transaction dates
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Web-based POS software is offered for small and medium businesses.
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Complete acquisition details for Zopper
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Financial Statements - Zopper
Detailed financials for Zopper
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Zopper Comparisons
Peer comparison for Zopper
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Competitors of Zopper
Zopper operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bolttech, Cover Genius, Qover, Open and Lami, among others.
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Insurance solutions are connected for businesses and individuals through partnerships.
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Software suite for insurance distribution and management is provided.
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Software suite for designing and distributing digital insurance is offered.
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AI-based software suite is offered for insurance industry operations.
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A software suite is provided for insurers and underwriters.
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Detailed competitors of Zopper
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Latest news on Zopper
Complete news archive for Zopper
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- Brand-specific news history
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Frequently Asked Questions about Zopper
Zopper was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Zopper is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Surjendu Kuila is the current CEO of Zopper. They have also founded this company.
Zopper is a funded company, having raised a total of $120.6M across 7 funding rounds to date.
Zopper is recognized as a leading insurtech company in India, offering advanced insurance software and APIs to financial institutions, digital businesses, and lifestyle sectors. Solutions are developed to enable seamless integration of insurance products, enhancing customer engagement and streamlining distribution. Coverage options like extended warranties and device protection plans are provided to partners. With a presence in over 1200 cities, operations are supported by a team of more than 800 employees. Since its founding in 2011, growth has been fueled by significant funding of approximately 125 million.
Zopper's top competitors include Cover Genius, Bolttech and Qover.
Zopper offers Insurtech APIs, Insurance Software, and Device Protection Plans.
Zopper has made 1 acquisition, including Easy POS.
Zopper has 18 investors. Key investors include PhonePe, Bessemer Venture Partners, IQ-EQ, Ventureast, and ICICI Venture.
The valuation of Zopper is $50.1M as of Dec 2014.