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Home » Zopper Has Raised $75 Million To Solve India’s Insurance Crisis
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Zopper Has Raised $75 Million To Solve India’s Insurance Crisis

Adarsh KumarBy Adarsh KumarJanuary 21, 2023Updated:March 27, 2023No Comments0 Views
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Zopper $75M Series C Creaegis Singhtechcrunch

Zopper collaborates with insurance carriers to develop smaller, more personalized insurance plans for distribution channels. Zopper is an API forum for insurance infrastructure that democratizes insurance coverage dispersion. The API platform for insurance facilities recently announced a $75 million funding round.

According to the startup, ICICI Endeavor and Bessemer Venture Partners, as well as established funder Blume Ventures, decided to participate in the funding. Zopper, an 11-year-old venture, has so far raised $96 million. It did not reveal the capitalization at which the round was closed. The startup intends to use the new funds to steadily increase its working population and to look for opportunities to purchase smaller businesses.

Zopper $75M Series C

Zopper has achieved a turnover of $100 million in three rounds of funding. Their most recent revenue comes from a Series C round on September 20, 2022. Six investors have contributed to the funding of Zopper. The most subsequent shareholders are Tiger Global Management and Blume Ventures. On March 4, 2016, Zopper purchased EasyPoS. They paid $5 million for EasyPoS as per Zopper $75M Series C Creaegis Singhtechcrunch.

About Zopper

Zopper was originally established in 2011 by Mayank Gupta, Neeraj Jain, Surjendu Kuila. The business’s main offices are in the Asia-Pacific (APAC) region. The company is still in operation, and its most recent round of financing was Series C. The corporation ‘s lawful title is Solvy Tech Solutions Pvt Ltd, and its type of business entity is For Profit. The company focuses on Developer APIs, FinTech, Insurance, InsurTech and Mobile. 

They make it possible for any B2C business to disburse insurance. They provide a comprehensive product workaround, from compiling the right insurance policy for you and your clients to supplying the appropriate APIs.

Zopper Services – Insurtech as a Service

They have you protected, whether you require APIs or simply want to use off-the-shelf goods.

Platform BimaBoss

Their Insurer Agglomeration Interface allows your groups to begin selling right away.

Customer Relationship Management (CRM)

Utilizing their CRM tool, they can manage and monitor the complete customer lifecycle.

With our all-in-one customer app, you can put real-time claim monitoring power into the hands of your clients.

App for Self-Inspection

There will be no more delays for car survey data. With their Self-Inspection App, you can now scrutinize your vehicle at your leisure.

Cross-sell and up-sell possibilities for digital onboarding/activation right in your revenue team’s mobile phones.

Ecosystems they serve

ECOSYSTEM OF LIFESTYLE

Boost customer loyalty and commitment by providing prolonged warranty claims and damage protection plans.

ECOSYSTEM FINANCIAL

​APIs help you offer cross-sell/up-sell product lines to your sales department to increase your share of the customer’s wallet.

ECOSYSTEM DIGITAL

Struggling to find the right mix of CAC and LTV? Simply use their Plug & Play APIs to sway the performance measures in your favor.

Conclusion

Zopper is an API forum for insurance infrastructure that democratizes insurance coverage dispersion. The API platform for insurance facilities recently announced a $75 million funding round. They make it possible for any B2C business to disburse insurance. They provide a comprehensive product workaround, from compiling the right insurance policy for you and your clients to supplying the appropriate APIs. Six investors have contributed to the funding of Zopper. The most subsequent shareholders are Tiger Global Management and Blume Ventures. The API platform for insurance facilities recently announced a $75 million funding round.

FAQs

  1. Zopper collaborates with insurance companies to develop what?

      Ans. Zopper collaborates with insurance carriers to develop smaller, more personalized     insurance plans for distribution channels.

  1. What is Zopper?

Ans. Zopper is an API forum for insurance infrastructure that democratizes insurance coverage dispersion.

  1. Who founded Zopper?

Ans. Zopper was originally established in 2011 by Mayank Gupta, Neeraj Jain, Surjendu Kuila. 

  1. What does the firm focus on?

Ans.  The company focuses on Developer APIs, FinTech, Insurance, InsurTech and Mobile. 

  1. How much has the company generated to date?

Ans. Zopper has achieved a turnover of $100 million in three rounds of funding. 

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Also Read More About: How to Spot the Best Crypto Investment Opportunities?

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Adarsh Kumar

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