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.
Associated legal entities of Zopper
Zopper is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zopper Insurance Brokers Private Limited CIN U66000DL2020PTC373851 | Active | 27 Nov 2020 | New Delhi, Delhi | ₹277 Cr | 146 | 2 | View details |
| Solvy Tech Solutions Private Limited CIN U72200DL2010PTC211814 | Active | 28 Dec 2010 | New Delhi, Delhi | ₹363 Cr | 418 | 11 | View details |
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.
Apps and channels of Zopper
its YouTube channel Zopper has 272 subscribers and 30 videos.
Videos from Zopper
The most watched videos on Zopper's YouTube channel, Zopper (272 subscribers). Click a video to play it here.
More on Zopper.
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.
- Total Funding $120.6M
- Total Rounds 7
- Last Round Series D — $25M
- First Round $102,375
(Jun 2012)
- Investors Count 17
All 7 funding rounds of Zopper 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 |
|---|---|---|---|---|---|
| Nov 2024 | $25M | Series D | – | Elevation Capital, Dharana | |
| Sep 2022 | $75M | Series C | – | Creaegis | |
| Dec 2014 | $14.63M | Series B | $50.1M | Tiger Global Management | |
| Jun 2014 | $5M | Series B | $14.65M | Tiger Global Management | |
| Jan 2013 | $871,917 | Series A | $••••• | Nirvana Ventures Advisors | |
| Jun 2012 | $102,375 | Seed | $••••• | Ventureast, Blume Ventures | |
| Jun 2012 | – | Angel Round | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2014 | $50.1M | •••••••• |
| Jun 2014 | $14.65M | •••••••• |
| Jan 2013 | $••••• | •••••••• |
Full valuation and stage history of Zopper
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 $50.1M (Dec 2014). 18 investors in total: 12 institutional and 6 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Elevation Capital is focused on early-stage tech investments in India. | – | elevationcapital.com | Delhi, India | |
Venture capital investments are provided to startup founders by Dharana. | – | dharana.com | Dubai, United Arab Emirates | |
Seed and early-stage investments are made across sectors in India. | – | blume.vc | Mumbai, India | |
Financial schemes and rights management under Creaegis. | 2018 | creaegis.in | Bengaluru, India | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Alternative asset management and investment services in India. | 1988 | iciciventure.com | Mumbai, India | |
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Venture capital firm focused on multiple sectors | 1896 | iqeq.com | Luxembourg, Luxembourg | |
Venture capital firm focusing on investments in Indian internet, mobile, and digital payments sectors. | 2011 | nirvanaventures.in | Mumbai, India | |
Venture capital investments in technology, healthcare, and clean environment sectors since 1997. | 1997 | ventureast.net | Bengaluru, India |
Investor details for Zopper
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zopper
The boards of the 2 registered companies of Zopper currently have 9 directors; the longest-serving is Surjendu Sekhar Kuila, appointed in 2020. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surjendu Sekhar Kuila DIN 03560197 | Director | 27 Nov 2020 | 5 yrs 10 mo | Zopper Insurance Brokers Private Limited, Solvy Tech Solutions Private Limited |
| Mayank Gupta DIN 02342876 | Director | 27 Nov 2020 | 5 yrs 10 mo | Zopper Insurance Brokers Private Limited, Solvy Tech Solutions Private Limited |
| Gagandeep Singh Chhina DIN 07397540 | Nominee Director | 09 Nov 2022 | 3 yrs 10 mo | Solvy Tech Solutions Private Limited |
| Sambasivam Kailasam DIN 09782285 | Nominee Director | 09 Nov 2022 | 3 yrs 10 mo | Solvy Tech Solutions Private Limited |
| Vishal Vijay Gupta DIN 01913013 | Nominee Director | 09 Nov 2022 | 3 yrs 10 mo | Solvy Tech Solutions Private Limited |
| Bandi Nitish Prasad DIN 02327966 | Nominee Director | 09 Nov 2022 | 3 yrs 10 mo | Solvy Tech Solutions Private Limited |
| Anurag A Begwani DIN 10328838 | Nominee Director | 27 Sep 2023 | 3 yrs | Solvy Tech Solutions Private Limited |
| Maneesh Goel DIN 07636513 | CFO | 20 Nov 2023 | 2 yrs 10 mo | Solvy Tech Solutions Private Limited |
| Vikram Gawande DIN 02051597 | Director | 21 Jan 2025 | 1 yr 8 mo | Solvy Tech Solutions Private Limited |
People of Zopper
121 people are tracked at Zopper (24 in leadership, 97 in team).
| Name | Role | Group |
|---|---|---|
Neeraj Jain | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Prashanth Reddy Mudpa | Business Head - Group Business | Leadership |
Harpreet Singh Nayyar | Vice President- Legal, Secretarial And Compliances | Leadership |
Mohit Sachwani | Zonal Head - Sales (premier Institute) | Leadership |
Manisha Aggarwal | Director Of Engineering | Leadership |
Prashant Shinde | Vice President - Digital Transformation | Program Management | Leadership |
Aniket Bisaria | Chief Sales Officer (cso) | Leadership |
Bragadish Sureshkumar | Chief Technology Officer | Leadership |
Shahnawaz Abid | Vertical Head Sales – LFR | Leadership |
Amit Srivastava | Senior Vice President | Leadership |
Pallavi Gupta | Chief Human Resources Officer | Leadership |
Rohan Mathew | Assistant Vice President | Leadership |
Kedar Amdawadkar | State Head | Leadership |
Animesh Choudhuri | Founder's Office | Leadership |
| Chief Financial Officer | Leadership | |
Rahul Waghmare | Chief Distribution Officer | Leadership |
Sujit Shekhar | Zonal Head- Operation, Placement And Claims | Leadership |
Manoj Shinde | Vertical Head | Leadership |
101 more people are available in the full profile.
Complete people profiles for Zopper
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 Zopper
Figures of Zopper Insurance Brokers Private Limited, the primary company behind Zopper, for FY 2025. Revenue was ₹277 Cr (-30% year on year). Net profit was ₹0.27 Cr (0% margin). EBITDA was ₹5.96 Cr (2% margin). Revenue has grown at a compounded annual rate of +714% over three years.
- ₹277 CrRevenue · FY 2025 · -30% YoY
- ₹0.27 CrNet profit · 0% margin
- ₹5.96 CrEBITDA · 2% margin
- ₹1.35 CrPaid-up capital
- 146Employees (provident fund records)
- +714%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Zopper Insurance Brokers Private Limited are on its company page.
Detailed financial statements for Zopper
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Zopper
Zopper has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Easy POS.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web-based POS software is offered for small and medium businesses. | easypos.in | Mumbai, India | 2009 | Mar 2016 | $5M |
Complete acquisition details for Zopper
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Zopper
6 dated milestones of Zopper across 13 years, from founding to its latest funding, stage changes and deals.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bolttech.io | 2020 | Singapore | $740.2M | – | Insurance solutions are connected for businesses and individuals through partnerships. | |
| covergenius.com | 2014 | New York, United States | $243.6M | – | Software suite for insurance distribution and management is provided. | |
| qover.com | 2016 | Brussels, Belgium | $71.67M | 92 | Software suite for designing and distributing digital insurance is offered. | |
| beopen.com | 2016 | Sydney, Australia | $34.1M | – | AI-based software suite is offered for insurance industry operations. | |
| lami.world | 2019 | Nairobi, Kenya | $5.5M | – | A software suite is provided for insurers and underwriters. | |
| tint.ai | 2018 | San Francisco, United States | $25.13M | 24 | Embedded insurance solutions are delivered to businesses through platforms. | |
| fuse.co.id | 2017 | West Jakarta, Indonesia | $50M | – | Insurance quoting software is offered to connect providers for agents. | |
| bharatsure.com | 2021 | Mumbai, India | $3.25M | 23 | Technology and infrastructure for insurance sales are provided. |
Detailed competitors of Zopper
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Zopper
The website of Zopper (zopper.com) receives about 35.3K visits a month.
- Monthly visits35.3K
▲ 10.1% vs previous month
Websites whose visitors overlap most with Zopper. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| amazon.in | 100% | – | #48 | View details | |
| flipkart.com | 98% | 215.3M | #127 | View details | |
| buyt.in | 87% | – | – | View details | |
bigshopper.in | bigshopper.in | 87% | – | – | – |
| preethi.in | 66% | 163.7K | #223,513 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Zopper
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Zopper
Complete news archive for Zopper
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Zopper
10 companies that operate in the same segment as Zopper (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – | |
Automotive insurance is delivered via an online platform. | 2016 | Chicago, Illinois, United States | USD 457.2 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's 1st funding round was a Seed of $102.38K, raised on Jun 2012.
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.
Zopper is associated with 2 legal entities: Zopper Insurance Brokers Private Limited, Solvy Tech Solutions Private Limited.
Yes. Zopper was acquired by PhonePe in July 2018.