When was Zoop founded?

Zoop was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Zoop located?

Zoop is headquartered in Pune, India. It is registered at FIRST FLOOR OF TOWER B, PANCHSHIL BUSINESS PARK, Viman nagar, Pune, Pune, Maharashtra, India, 411014.

Who is the current CEO of Zoop?

Ritesh Mahendra Kothari of Zoop. They have also founded 1 company.

Which legal entities is Zoop associated with?

Zoop is associated with QUAGGA TECH PRIVATE LIMITED.

How many employees does Zoop have?

As of Feb 28, 2025, Zoop has 57 employees, reflecting a 47% year-over-year growth in headcount.

Is Zoop a funded company?

Zoop is a funded company, having raised a total of $144K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 02, 2017.

How much is Zoop worth?

The latest valuation of Zoop is $***** as of Sep 01, 2020.

When was the latest funding round of Zoop?

Zoop's latest funding was a $***** Seed round on Sep 01, 2020, with participation from 26 investors. Its primary sector is RegTech. In India, the RegTech sector has seen $56.4M in funding in 2026 to date.

What is the annual revenue of Zoop?

Annual revenue of Zoop is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Zoop rank among its competitors?

Zoop ranks 281st amongst 1969 active competitors, of which 375 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Idfy, which secured $24.3M in Feb, 2026.

Who are the top competitors of Zoop?

Zoop's top competitors include ComplyAdvantage, Idfy and Sift. Among them, Idfy secured the most recent funding round in February, 2026.

Zoop - 2026 Company Profile, Team, Funding, Competitors & Financials

Zoop is a seed company based in Pune (India), founded in 2016 by Ritesh Mahendra Kothari. It operates as an Identity verification platform. Zoop has raised $144K in funding, with a current valuation of $*****. The company has 1969 active competitors, including 375 funded and 269 that have exited. Its top competitors include companies like ComplyAdvantage, Idfy and Sift.

Company Details

Identity verification platform. It is a provider of a digital onboarding and identity verification platform, offering a secure and consent-driven solution for individuals to manage the digital identity and share verified information with organizations.

Website: www.zoop.one/
Social
Email ID: *****@zoop.one, *****@zoop.one
Registered Address: FIRST FLOOR OF TOWER B, PANCHSHIL BUSINESS PARK, Viman nagar, Pune, Pune, Maharashtra, India, 411014

Key Metrics

Founded Year

2016

Location

Pune, India

Stage

Seed

Total Funding

$144K in 3 rounds

Latest Funding Round

Seed, Sep 01, 2020, $*****

Post Money Valuation

$***** as on Sep 01, 2020

Investors

Sunil Mehta & 47 more

Ranked

281^st among 1969 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

57 as on Feb 28, 2025

Similar Companies

Idfy & 1634 more

View Zoop's full profile

Zoop is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
QUAGGA TECH PRIVATE LIMITED CIN: U74999PN2016PTC158857 , India, Active	Mar 16, 2016	₹50 - ₹100 Cr (As on Mar 31, 2025)	99 (As on Mar 01, 2026)

Zoop has raised a total funding of $144K over 3 rounds. Its first funding round was on Nov 02, 2017. Its latest funding round was a Seed round on Sep 01, 2020 for $*****. 26 investors participated in its latest round. Zoop has 3 institutional investors and 45 angel investors.

Here is the list of recent funding rounds of Zoop:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2020	6707376	Seed	1944343	6209826	3751737	6355720
May 15, 2019	9128110	Seed	8065978	3506011	5837448	Sunil Gupta & 26 more
Nov 02, 2017	4866924	Seed	2679818	6261683	Sanjay Bharat Mehta	Utpal Doshi & 33 more

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View details of Zoop's funding rounds and investors

The founders of Zoop is Ritesh Mahendra Kothari. Ritesh Mahendra Kothari is the CEO of Zoop.

Here are the details of Zoop's key team members:

Ritesh Mahendra Kothari: Co-Founder & CEO of Zoop. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Zoop's Board of Directors

Zoop's board has 2 active members. Ritesh Mahendra Kothari and Vijay Chhuttani are part of team.

Here is the list of Zoop's board of directors:

Name	Type	Representing	Status	Duration
Ritesh Mahendra Kothari	Team	-	Current	10y 4m
mtofusm	Team	-	Past	9y 4m
avtkmab	Independent board member	-	Past	5y 6m

View details of Zoop's Founder profiles and Board Members

Zoop's employee count trend

Zoop has 57 employees as of Feb 25. Here is Zoop's employee count trend over the years:

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Top competitors of Zoop include ComplyAdvantage, Idfy and Sift. Here is the list of Top 10 competitors of Zoop, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Balderton Capital, Index Ventures & 46 others	75/100
2nd	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$62.7M	Blume Venture, New Enterprise Associates ... & 40 others	75/100
3rd	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Y Combinator & 22 others	75/100
4th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Great Hill Partners, Millennium Technology Value Partners ... & 10 others	73/100
5th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
6th	Profitero 2009, Dun Laoghaire (Ireland), Acquired	Platform offering E- Commerce analytics solutions	$28.2M	Scaleworks, Seedcamp & 10 others	73/100
7th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Genesis Partners, Founder Collective & 21 others	73/100
8th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
9th	Chainalysis 2014, New York City (United States), Series F	Blockchain data platform providing crypto insights	$538M	GIC, Sound Ventures & 45 others	71/100
10th	Signifyd 2011, Palo Alto (United States), Series E	Provider of fraud prevention and payment validation for online retailers	$394M	Resolute Ventures, Owl Rock & 30 others	70/100
281st	Zoop 2016, Pune (India), Seed	Identity verification platform	$144K	10000 Startups, Prathamesh Enterprises & 46 others	44/100

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Founders (largest shareholder) own 67.35%, Enterprises own 0.80%, Angels own 9.17% and Other People own 3.21%. The net worth of Zoop's founders is INR 6.78Cr as of Sep 01, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	67.35%	6.78Cr	4242925	5295188	8860832	2623232
Ritesh Mahendra Kothari	7996419	1348196	8640752	2276634	3233762	3738388
Enterprise	0.80%	8.02L	0	0	0	0
Angel	9.17%	92L	4664669	6164595	2586233	5958385
Sanjay Bharat Mehta	0	0	0	0	0	0
Sunil Mehta	0	0	0	0	0	0
Sunil Gupta	0	0	0	0	0	0
Utpal Doshi	0	0	0	0	0	0
Jayantha Prabhu	0	0	0	0	0	0
Other People	3.21%	32.3L	816	673	593	246
ESOP Pool	19.49%	1.96Cr	8169334	3323432	2279876	6334029
Total	100.00%	10.1Cr	3522711	1816215	2987034	7532689