Insurtech firm Zopper raises $25 mn in to ramp up its digital infra

Insurtech (insurance technology) startup Zopper on Thursday announced that it has raised $25 million in series D funding, led by Elevation Capital and Dharana Capital. The round also saw participation from existing investor Blume Ventures.

Zopper, which is also backed by Creaegis, Bessemer Venture Partners, and ICICI Venture, will use the fresh funding to ramp up its digital technology infrastructure, by strengthening its insurance distribution platform.