Zopper has reported a strong growth trajectory, recording a 35 per cent compound annual growth rate over the past two years, reflecting sustained expansion across its key business segments and a focus on disciplined operational management. Building on this momentum, the company has set its sights on entering the public markets with an initial public offering planned for 2028–29.
The company expects to conclude the current financial year with a Gross Written Premium run rate surpassing Rs 1,000 crore. Looking ahead, Zopper anticipates maintaining an annual growth rate of around 35–40 per cent as demand for embedded insurance and digital distribution platforms continues to accelerate.
In recent quarters, the company has also seen gradual improvements in margins and cost efficiencies, signalling stronger unit economics and greater operational maturity. Much of this expansion has been driven by its Device and Appliance Protection business, alongside increasing traction in health and life insurance distribution. Its bancassurance Software-as-a-Service platform has also emerged as a key growth engine as more banks adopt digital insurance distribution infrastructure.
The company’s broader objective is to simplify insurance access by embedding it into everyday consumer interactions. By applying technology across the insurance lifecycle, Zopper has streamlined underwriting processes, shortened policy issuance timelines to just minutes, and developed customised micro-insurance products suited to specific consumer contexts. In addition, it assists customers after purchase by supporting documentation and communication with insurers, ensuring a smoother claims journey. Over the last three years alone, the platform has facilitated more than 1.5 million insurance claims.
Since its inception, Zopper has secured around $125 million in funding from investors such as Creaegis, Bessemer Venture Partners, ICICI Venture, Blume Ventures, Elevation Capital and Dharana Capital. With a workforce of more than 600 professionals spanning technology, sales, strategy and operations, the company is focusing on expanding its domestic footprint while also exploring international growth and potential acquisitions in emerging markets.
Artificial intelligence has become an increasingly central part of Zopper’s strategy. The company has been integrating AI and generative AI across underwriting processes, fraud detection, sales optimisation and customer servicing to enhance speed, personalisation and efficiency. Its proprietary Digi-Banca platform provides insurers and banks with a unified technology infrastructure that simplifies integration and improves the digital insurance journey for customers across financial institutions.
According to Surjendu Kuila, Co-founder and Chief Executive Officer, Zopper, the company remains committed to reshaping insurance distribution through responsible innovation and technology-driven solutions. He noted that Zopper collaborates closely with insurers across general, health and life segments to design contextual and accessible insurance products while maintaining a focus on sustainable growth and strong governance.
Mayank Gupta, Co-founder and Chief Operating Officer, Zopper, highlighted that evolving consumer expectations around speed, convenience and trust are transforming insurance distribution. He emphasised that building a data-driven distribution architecture supported by strong technology capabilities and operational discipline will be critical as the insurtech sector enters its next phase of scale.
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