Zopper Raises $75 Million To Solve India’s Insurance Problem

For more than half of 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.