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
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Solvy Tech Solutions Pvt Ltd
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
Products & Services of Zopper
Zopper offers a comprehensive portfolio of products and services, including Insurtech APIs, Insurance Software, and Device Protection Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Customized APIs are provided for seamless insurance integration.
Advanced software is developed for insurance product distribution.
Protection plans are offered for lifestyle business customers.
Unlock access to complete
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
Unlock access to complete
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 Total Funding
- Total Rounds 7
- Last Round Series D — $25.0M
-
First Round
First Round
(01 Jun 2012)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series D - Zopper | Valuation | Elevation Capital , Dharana | |
| Sep, 2022 | Amount | Series C - Zopper | Valuation | Creaegis | |
| Dec, 2014 | Amount | Series B - Zopper | Valuation | Tiger Global Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Elevation Capital is focused on early-stage tech investments in India.
|
Founded Year | Domain | Location | |
|
Venture capital investments are provided to startup founders by Dharana.
|
Founded Year | Domain | Location | |
|
Seed and early-stage investments are made across sectors in India.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Zopper
Zopper has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Easy POS. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Web-based POS software is offered for small and medium businesses.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Zopper
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zopper Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Insurance solutions are connected for businesses and individuals through partnerships.
|
|
| domain | founded_year | HQ Location |
Software suite for insurance distribution and management is provided.
|
|
| domain | founded_year | HQ Location |
Software suite for designing and distributing digital insurance is offered.
|
|
| domain | founded_year | HQ Location |
AI-based software suite is offered for insurance industry operations.
|
|
| domain | founded_year | HQ Location |
A software suite is provided for insurers and underwriters.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Zopper
Frequently Asked Questions about Zopper
When was Zopper founded?
Zopper was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Zopper located?
Zopper is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Who is the current CEO of Zopper?
Surjendu Kuila is the current CEO of Zopper. They have also founded this company.
Is Zopper a funded 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 Series B of $14.63M, raised on Jun 01, 2012.
What does Zopper do?
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.
Who are the top competitors of Zopper?
Zopper's top competitors include Cover Genius, Bolttech and Qover.
What products or services does Zopper offer?
Zopper offers Insurtech APIs, Insurance Software, and Device Protection Plans.
How many acquisitions has Zopper made?
Zopper has made 1 acquisition, including Easy POS.
Who are Zopper's investors?
Zopper has 18 investors. Key investors include PhonePe, Bessemer Venture Partners, IQ-EQ, Ventureast, and ICICI Venture.
What is Zopper's valuation?
The valuation of Zopper is $50.1M as of Dec 2014.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.