Source: Business Standard
The company will also invest in its data science, data engineering and Artificial Intelligence and Machine Learning (AI/ML) capabilities. The funds will also accelerate growth in the firm’s current bancassurance offerings and enhance its post sales and servicing capabilities for Zopper’s device and appliance protection businesses, the firm said in a statement.
“We take pride that we are the only insurtech company that works with insurance providers and creates byte-sized, personalised products that it then supplies to distribution partners,” said Surjendu Kuila, co-founder and CEO, Zopper. “With trust of our partners, we are constantly building and working efficiently in transforming seamless journeys for customers to safeguard their future finances and increase financial protection.”
“Our thesis from the early days has been clear. There’s already an infrastructure, somebody has poured capital expenditure to build that infrastructure. So why don’t we then use technology to streamline that instead of creating everything from scratch,” explained Mayank Gupta, co-founder and COO, Zopper.
Read the full article: https://www.business-standard.com/companies/start-ups/insurtech-firm-zopper-raises-25-mn-in-to-ramp-up-its-digital-infra-124112100542_1.html
