Zopper Eyes Expansion Over Profit, IPO in Sight Within 3-5 Years

New Delhi, May 12 — Insurtech firm Zopper is intensifying its focus on expanding operations and investing in new-age technology, with an eye on a potential Initial Public Offering (IPO) within the next three to five years, a top executive confirmed.

Zopper recently secured USD 25 million in Series D funding to boost its growth trajectory. This latest investment brings the total capital raised by the company to USD 125 million.

Prioritizing Growth Over Profitability​

Mayank Gupta, Co-founder and Chief Operating Officer of Zopper, stated that the company is deliberately prioritizing long-term growth over immediate profitability.

"As such, our business has a positive gross margin. But in a growth company, you keep investing the profits into future growth, which we have also been doing for many years," Gupta said.

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Despite being capable of achieving breakeven today, the company is choosing to reinvest all earnings into its expansion plans.

"If we want, we can break even today, but that will mean that we stop investing in the future, and growth will become stunted," Gupta added.

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IPO Plans and Market Strategy​

Commenting on the company's public market aspirations, Gupta said that while a listing is on the horizon, it will be timed strategically.

"A lot of new-age companies are getting listed and there's confidence... 3–5 year time horizon for listing... we will consider going public only when we feel the time is right and we can offer high predictability to our investors."

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Expansion Through Partnerships and Possible Acquisitions​

Zopper is actively deepening collaborations with banks, NBFCs, travel portals, consumer durable brands, and retail chains to scale its reach. The company currently operates in 1,200 cities and has partnerships with 40 insurance companies.

On potential acquisitions, Gupta emphasized that while the company is not actively pursuing any deals at the moment, it remains open to inorganic expansion if strategic opportunities arise.

"We are not actively looking at any acquisition, but keep doing a sense check of the market. If there is an opportunity for Zopper to make that acquisition, then we will surely try to make that happen," he noted.

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About Zopper​

Zopper operates as a B2B insurance infrastructure platform, enabling digital insurance distribution across multiple industries. With continued investments in technology and a steadily expanding footprint, the company is positioning itself for long-term sustainability and future listing readiness.