Zopper - About the company
Zopper is an acquired company based in Noida (India), founded in 2011 by Neeraj Jain and Surjendu Kuila. It operates as a Provider of API-enabled insurance distribution and management solutions. Zopper has raised $125M in funding from investors like Tiger Global Management, Ventureast and Nirvana Ventures Advisors, with last known valuation of ₹*****. The company has 74 active competitors, including 28 funded and 2 that have exited. Its top competitors include companies like Bolttech, Cover Genius and Bharatsure.
Company Details
Provider of API-enabled insurance distribution and management solutions. The platform enables B2C companies to distribute insurance such as automobile insurance, health insurance, life insurance, and more. Its features include customer engagement, insurance aggregation, digital onboarding, and more.
- Website
- www.zopper.com/
- Social
- Email ID
- *****@zopper.com, *****@zopper.com
- Phone Number
- +91 **********
- Registered Address
- 503, 5th Floor, Bhikaji Cama Bhawan, Bhikaji Cama Place, New Delhi, New Delhi, New Delhi, Delhi, India, 110066
Key Metrics
Founded Year
2011
Location
Noida, India
Stage
Acquired
Total Funding
$125M in 7 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Nov 21, 2024
Investors
Ranked
5th among 74 active competitors
Annual Revenue
₹363Cr as on Mar 31, 2025
Employee Count
567 as on May 31, 2025
Investment & Acquisitions
Exit Details
Acquired by PhonePe (Jul 16, 2018)
Legal entities associated with Zopper
Zopper is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZOPPER INSURANCE BROKERS PRIVATE LIMITED CIN: U66000DL2020PTC373851 , India, Active | Nov 27, 2020 | $32.8M (As on Mar 31, 2025) | 113 (As on Aug 31, 2025) | |
SOLVY TECH SOLUTIONS PRIVATE LIMITED CIN: U72200DL2010PTC211814 , India, Active | Dec 28, 2010 | $43M (As on Mar 31, 2025) | 390 (As on Aug 31, 2025) |
Zopper's acquisition details
Zopper got acquired by PhonePe on Jul 16, 2018.
Click here to take a look at Zopper's acquisition in detail
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Zopper's funding and investors
Zopper has raised a total funding of $125M over 7 rounds. Its first funding round was on 2012. Its latest funding round was a Series D round on Nov 21, 2024 for $*****. 6 investors participated in its latest round. Zopper has 14 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Zopper:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 21, 2024 | 6359355 | Series D | 1187688 | 6020868 | 3463391 | 2810182 |
Sep 20, 2022 | 9730927 | Series C | 4112184 | 1298369 | 3840367 | |
Dec 23, 2014 | 5422756 | Series B | 6904054 | 9665145 |
Access funding benchmarks and valuations. Sign up today!View details of Zopper's funding rounds and investors
Zopper's founders and board of directors
Founder? Claim ProfileHere are the details of Zopper's key team members:
- Neeraj Jain: Co-Founder of Zopper and founder of 4 other companies, including Zopper Insurance Brokers, Podium School and Reviews42. They are also an angel investor in 23 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Surjendu Kuila: Co-Founder & CEO of Zopper and founder of 2 other companies, Zopper and Zopper Insurance Brokers. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address
View details of Zopper's Founder profiles and Board Members
Zopper's employee count trend
Zopper has 567 employees as of May 25. The total employee count is 12.0% lower than what it was in May 24. Here is Zopper's employee count trend over the years:
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Zopper's Competitors and alternates
Top competitors of Zopper include Bolttech, Cover Genius and Bharatsure. Here is the list of Top 10 competitors of Zopper, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Insurance as a service solution for businesses and individuals | $640M | 70/100 | ||
2nd | Cover Genius 2014, New York City (United States), Series E | Provider of a software suite for the insurance industry | $244M | 69/100 | |
3rd |  Bharatsure 2021, Mumbai (India), Seed | Provider of technology and infrastructure for employee benefits and embedded insurance | $3.25M | 67/100 | |
4th | Software suite for the insurance industry | $72M | 65/100 | ||
5th | Provider of API-enabled insurance distribution and management solutions | $125M | 64/100 | ||
6th |  Sure 2013, San Diego (United States), Series C | Insurance as a service platform for insurance carriers and other businesses | $123M | 62/100 | |
7th |  Tint 2018, San Francisco (United States), Series A | Providing embedded insurance solution to businesses | $30M | 61/100 | |
8th | AI-based software suite for the insurance industry | $53M | 60/100 | ||
9th | Insurance claim management and quoting solutions for the insurance industry | $15M | 55/100 | ||
10th | Provider of insurance products across various industries and business types | $9.4M | 51/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Zopper's competitors? Click here to see the top ones
Zopper's Latest cap tables and shareholding
Founders own 7.21%, Funds (largest shareholder) own 88.31%, Enterprises own 0.11% and Angels own 0.17%. The net worth of Zopper's founders is INR 111Cr as of Nov 21, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 7.21% | 111Cr | 2707636 | 9917489 | 5129816 | 3397501 |
3801 | 3049 | 8144 | 4116 | 8900 | 7711 | |
4 | 2 | 4 | 8 | 6 | 6 | |
Fund | 88.31% | 1,360Cr | 4924167 | 2685776 | 6471577 | 5340180 |
4238066 | 1131009 | 8533630 | 1793686 | 9575951 | 3803698 | |
1104252 | 9927021 | 3291192 | 6491153 | 3829297 | 4705248 | |
470501 | 281410 | 969133 | 563428 | 170954 | 256559 | |
3390402 | 9636117 | 1875155 | 7853542 | 9293336 | 4314692 | |
6179775 | 5329705 | 3317146 | 2313816 | 4515590 | 8876537 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 0.11% | 1.68Cr | 0 | 0 | 0 | 0 |
Angel | 0.17% | 2.61Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 4.21% | 64.9Cr | 2079 | 4605 | 5882 | 3642 |
Total | 100.00% | 1,540Cr | 1923043 | 9968697 | 9035118 | 4669420 |
To unlock detailed Cap Table of Zopper Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Zopper's Shareholding
Zopper's Investments and acquisitions
Zopper has acquired Easy POS. Zopper has not made any investments as of now.News related to Zopper
Filter this listMedia has covered Zopper for a total of 7 events in the last 1 year, 4 of them have been about company updates and 2 about people movement.
•
Business Zopper Launches ZENOVA, India’s First Agentic Bancassurance Operating LayerOnline Media Cafe•Mar 26, 2026•Zopper
•
Zopper registers 35 Percent CAGR over the last two years; aims for an IPO by 2028-29Media Bulletins•Mar 09, 2026•Zopper
•
Zopper launches two-year iPhone 17 care plan with damage protectionTech Observer Magazine•Sep 17, 2025•Zopper
•
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Zopper eyes expansion after raising $25 mn, IPO likely in 3-5 yearsBusiness Standard•May 12, 2025•Zopper
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Indian Insurtech Firm Zopper Lays Off 100 Employees Amidst Revenue SurgeTech in Asia•Apr 18, 2025•Zopper
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Zopper targets Rs 500 crore revenue in FY25; sees big opportunities in tier-2, 3 citiesNew Indian Express•Mar 18, 2025•Zopper
•
Bessemer Venture Partners collects $350 mn for second India fundVCCircle•Mar 12, 2025•Bessemer Venture Partners, Swiggy, Boldfit, Pepper Content and 4 others
•
Bessemer Venture Partners to roll out new India-focused VC fundVCCircle•Mar 07, 2025•Bessemer Venture Partners, Anthropic, Applied AI, Urban Company and 12 others
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