# Zopper

> API\-enabled embedded insurance distribution platform for banks, NBFCs, retailers, and digital ecosystems across India\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Distribution & Sales |
| Type | Solutions Provider |
| Region | APAC |
| Headquarters | Noida, Uttar Pradesh, India |
| Founded | 2011 |
| Stage | Growth |
| Employees | 501-1000 |
| Funding | Series D |

## Overview

Zopper is a Distribution & Sales insurtech platform enabling banks, NBFCs, microfinance institutions, e-commerce platforms, OEM dealer networks, and retail brands to embed insurance products into their customer-facing workflows through API integration. The company serves the Indian market under IRDAI regulation, covering life, health, and general insurance lines.

The platform provides a modular API suite covering KYC and verification, real-time quote and pricing, policy issuance and management, and claims processing. Partners use these components to launch insurance distribution without building compliance infrastructure from scratch. The company also offers tailored solutions for distinct verticals including consumer durables protection, bancassurance journeys, health plan enrollment, and group life distribution.

Founded in 2011 as a POS and merchant SaaS business, Zopper sold its retail IP to PhonePe in 2018 and relaunched as an insurance infrastructure company. It has since raised USD 125M+ over seven funding rounds from 27 investors, including a USD 75M Series C in September 2022 (Creaegis, Elevation Capital) and a USD 25M Series D in November 2024 (Elevation Capital, Dharana Capital, Blume Ventures). The platform reaches 2,500+ ecosystem partners across 1,200+ cities in India. Zopper was recognized on FinTech Global's InsurTech100 list in 2025 and won Best Insurtech at the Bharat Fintech Summit 2025.

## Products & services

### Insurance Distribution API Platform

A comprehensive REST API suite that enables ecosystem partners to integrate insurance distribution into their existing workflows. The platform handles KYC and verification (Aadhaar/PAN checks, eKYC), real-time premium quoting, policy issuance, and claims management -- all within an IRDAI-compliant architecture.

**Key features:**

- KYC and eKYC verification APIs for Aadhaar/PAN compliance
- Real\-time premium quoting and pricing APIs
- Policy issuance and lifecycle management
- End\-to\-end claims processing and settlement workflows

*Target users:* Banks, NBFCs, fintechs, e\-commerce platforms, travel companies

### Embedded Insurance Solutions

Vertical-specific insurance products and distribution tools designed for consumer durables, bancassurance, health plan enrollment, and group life insurance distribution. Enables partners to offer multi-insurer product options within their existing customer journeys.

**Key features:**

- Consumer durables protection and extended warranty at point of sale
- Bancassurance integration into lending and servicing journeys
- Alumni and group health plan enrollment and digital servicing
- Multi\-insurer aggregation across 25\+ insurance company partners

*Target users:* Retail brands, OEM dealer networks, educational institutions, banks

### Insurance Management System \(ZIMS\)

A post-sales management platform for insurance distribution partners covering agent onboarding, policy lifecycle tracking, claims support, and analytics and reporting.

**Key features:**

- Agent and partner onboarding and management
- Policy lifecycle tracking and servicing
- Claims support workflows
- Reporting and analytics dashboards

*Target users:* Insurers, distribution partners, brokers

## Category & focus

- Subcategories: Embedded Insurance, Insurance Distribution, API Integration, Policy Administration
- Insurance verticals: Life & Annuity, P&C Personal, Health
- Target customers: Carriers, Brokers, Banks

## Notable customers

- Bank of Baroda
- Axis Bank
- ICICI Bank
- Apple
- Samsung
- OnePlus
- IIT \(Indian Institutes of Technology\)
- IIMA \(Indian Institute of Management Ahmedabad\)
- ISB \(Indian School of Business\)

## Links

- Website: <https://www.zopper.com>
- Directory profile: <https://insurtechlist.com/companies/zopper/>
- Blog: <https://www.zopper.com/blog>
- About: <https://www.zopper.com/about-us>
- Api documentation: <https://apidocs.zopper.com/>
- Insurance management system: <https://www.zopper.com/zims>

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*Last updated: 2026\-05\-18*