Zopper eyes expansion after raising $25 mn, IPO likely in 3-5 years: COO

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Zopper eyes expansion after raising $25 mn, IPO likely in 3-5 years: COO - Business Standard

Quick Summary:

The company has recently raised USD 25 million in growth capital from investors to accelerate its expansion and invest in new-age technology.

Insurtech firm Zopper is currently focussed on scaling up its operations and may consider going public in the next 3 to 5 years, a top company official said.

He also said the company is not looking to break even at this stage but is instead investing every earned money towards expansion.