Loop Raises $25M in Series B Funding

Funding Rounds

▤ 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.

$ Funding

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◇ AskAI Classifications

Sectors
Retail and Commerce Logistics and Supply Chain E-Commerce software
Functions
Developer and IT Infrastructure Business Intelligence and Analytics Development Platforms

▦ Linked Companies

Loop Returns
$1M to $5M