Insurtech firm Zopper raises $25 million in Series D funding round

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Insurtech firm Zopper raises $25 million in Series D funding round - Business Standard

Quick Summary:

Insurtech platform Zopper on Thursday announced it has raised USD 25 million (around Rs 211 crore) in Series D funding round, co-led by Elevation Capital and Dharana Capital.

The funds will also accelerate growth in the current bancassurance solutions and enhance the post-sales and servicing capabilities of the company's device and appliance protection businesses, Zopper said.

"Zopper will use this fresh funding to ramp up its digital technology infrastructure, by strengthening its insurance distribution platform.