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Indian insurtech startup Zopper secures $25m series D

Indian insurtech startup Zopper has raised US$25 million in a Series D funding round.

The round was co-led by Elevation Capital and Dharana Capital, with participation from Blume Ventures.

The company aims to use the funds to upgrade its technology infrastructure, focusing on its insurance distribution platform.

Part of the investment will enhance post-sales support and servicing for device and appliance protection.

Funds will also support advancements in data science, engineering, artificial intelligence, and machine learning.

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