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202222 Apr
Loop Raises $25M in Series B Funding
Summary
The company intends to use the funds to accelerate growth and expand operations. Founded in 2018 by Mayank Kale, Ryan Singh, Amrit Singh, and Shami Raj, Loop provides group health insurance plans from prominent insurers to companies, bundled with instant, unlimited primary care. Loop has recorded growth in FY 2021-22. The company has seen a 5x revenue growth from the previous financial year. They now provide health insurance & benefits to 130K+ members at 300+ companies across India.
Source: Finsmes
Funding
$
Amount
Amount
Oct 03 2023
Date
Date
-
Investor
Investor
-
Company
Company
Classifications
Core Activities
Health Insurance Software
InsurTech
ERP
ERP & Process Management
Manufacturing
Vertical-Industries
Inventory Planning
Horizontal-Applications
Companies
Loop
US $10M to $25M
US $10M to $25M