Zopper raises $75 million to solve India’s insurance problem

For more than half a decade, Zopper built a platform for small and medium-sized businesses, helping merchants with invoicing and payments through its point-of-sale platform. It sold that IP to PhonePe in mid-2018, but instead of joining the fintech giant, Zopper has been working on a new venture from scratch and independent of PhonePe. That business, an API platform for insurance infrastructure, said on Tuesday it has raised $75 million in new funding.
The New Delhi-headquartered startup’s Series C funding was led by Creaegis. ICICI Venture and Bessemer Venture Partners as well as existing bac

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