Key Metrics
  • No. of Employees673
  • Founded Year 2011
  • Company StagePrivate Limited Company
  • Total Funding₹939.79 Cr
  • Industry

  • Headquarter
  • Company StatusAcquired
About Zopper

Zopper aims to create India’s largest embedded insurtech API platform to help B2C company sell insurance seamlessly to its customers. The company offers end-to-end insurance solution to its distribution partners through its API platform. Zopper has over 60 plus distribution partners, which include some of the India’s largest brands such as Amazon, Ola, Cars24, Xiaomi, Croma, Titan Eye Plus, StoreKing, IIFL, Chaitanya, and more. The company has presence in over 1200+ cities across India meeting the surging demand of new-age digital customers. Zopper provides its services to a large set of ecosystem with partners belonging to digital, financial, and lifestyle segments. The insurtech platform offers a wide range of products such as health insurance, life insurance, motor insurance as well as lifestyle protection.

Business Model

Zopper is an insurtech company that offers an embedded platform to facilitate insurance distribution for its partners. It provides end-to-end solutions, including customer management digitization and platforms. Zopper's SaaS platform enables B2B and B2C organizations to adopt and offer various insurance products. The company's offerings streamline insurance sales, operations, marketing, and financial reconciliation processes.

Zopper Funding Details
Funding Highlights
Latest Funding RoundSeries D
Total Funding Raised₹939.79 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors2
Investors
  • Nirvana Digital India Fund, Tiger Global
Note:

Valuation as on Sep 20, 2022

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Zopper Financial Details
Financial Highlights
FY 2022-23 Revenue₹192.05 Cr
FY 2022-23 Expenses₹198.98 Cr
FY 2022-23 Profit/Loss-₹13.95 Cr
Net Cash Flow From Operations-₹58.74 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Zopper Key People
People Metrics
Current Core Team2
Board Members/Directors5

Core Team

MG
Mayank GuptaCo-Founder & COO
SK
Surjendu KuilaCo-Founder & CEO

Board Members/Directors

MG
Mayank GuptaDirector
BN
Bandi Nitish PrasadNominee Director
GS
Gagandeep Singh ChhinaNominee Director
SK
Sambasivam KailasamNominee Director
KR
Karthik Reddy BezawadaNominee Director
Zopper Documents

AY - 2018-19

Profit and Loss statement - Zopper - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zopper for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Zopper - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Zopper for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Zopper - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zopper for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Zopper - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Zopper for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Zopper - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zopper for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Zopper - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Zopper for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Zopper - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zopper for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Zopper - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Zopper for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Zopper - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Zopper for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Zopper - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Zopper for FY 2022-23.
₹249.00 ₹498.00

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