Loop - About the company
Loop is a series B company based in Pune (India), founded in 2018 by Mayank Kale and Amrit Singh. It operates as a Provider of health insurance platform for businesses. Loop has raised $40.9M in funding from investors like General Catalyst, Elevation Capital and Y Combinator. The company has 75 active competitors, including 24 funded and 6 that have exited. Its top competitors include companies like Hinge Health, Practo and Ekincare.
Company Details
Provider of health insurance platform for businesses. It offers benefits such as video or phone consultations, chating with dedicated medical advisors, at-home blood tests, and quick answers to health queries. It focuses on preventive healthcare and claims prevention sets it apart in the healthcare industry. It enables to improve productivity and reduce health insurance premiums by implementing a scientifically tested preventive healthcare setup.
- Website
- www.loophealth.com/
- Email ID
- *****@loophealth.com
- Phone Number
- +91 **********
Key Metrics
Founded Year
2018
Location
Pune, India
Stage
Series B
Total Funding
$40.9M in 5 rounds
Latest Funding Round
Investors
Ranked
16th among 75 active competitors
Annual Revenue
₹8.92Cr as on Mar 31, 2024
Employee Count
350 as on Jul 31, 2025
Legal entities associated with Loop
Loop is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOOP HEALTH INSURANCE LIMITED CIN: U65120PN2024FLC231816 , India, Active | Jun 14, 2024 | $0 (As on Mar 31, 2025) | - | |
INVOQ HEALTHCARE INDIA PRIVATE LIMITED CIN: U85100PN2019PTC184954 , India, Active | Jun 20, 2019 | $1.08M (As on Mar 31, 2024) | 119 (As on Mar 01, 2026) | |
INVOQ LOOP INSURANCE BROKERS PRIVATE LIMITED CIN: U67200PN2022FTC212936 , India, Active | Jul 08, 2022 | $3.56M (As on Mar 31, 2025) | 334 (As on Feb 01, 2026) | |
INVOQ HEALTH, INC. CIN: 6600396 , United States, Active | Oct 31, 2017 | - | - | - |
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Loop's funding and investors
Loop has raised a total funding of $40.9M over 5 rounds. Its first funding round was on Mar 17, 2020. Its latest funding round was a Series B round on Apr 19, 2022 for $*****. 6 investors participated in its latest round. Loop has 11 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Loop:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 19, 2022 | 6688458 | Series B | 3809263 | 2035039 | 6661216 | 7770121 |
Sep 30, 2021 | 1789810 | Series A | 2956056 | 3924222 | 2225311 | |
Dec 02, 2020 | 3187481 | Seed | 4443649 | 6548134 |
View details of Loop's funding rounds and investors
Loop's founders and board of directors
Founder? Claim ProfileThe founders of Loop are Mayank Kale and Amrit Singh. Mayank Kale and Karan Nair are the CEOs of Loop.
Here are the details of Loop's key team members:
- Mayank Kale: Co-Founder & CEO of Loop and founder of 2 other companies, Indian Conventions and Loop Health. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Amrit Singh: Co-Founder of Loop. Contact Info: 1 email address
Loop's Board of Directors
Loop's board has 1 active member. Ryan Singh is part of team.Here is the list of Loop's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 9m | |
p{xudkh | Team | - | Past | 4y 6m |
View details of Loop's Founder profiles and Board Members
Loop's employee count trend
Loop has 350 employees as of Jul 25. The total employee count is 28.0% more than what it was in Jul 24. Here is Loop's employee count trend over the years:
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Loop's Competitors and alternates
Top competitors of Loop include Hinge Health, Practo and Ekincare. Here is the list of Top 10 competitors of Loop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 82/100 | |
2nd | Online platform for booking doctor appointments and consulting healthcare professionals | $228M | 78/100 | ||
3rd | Provider of employee health benefits platform offering health and wellness programs | $27M | 77/100 | ||
4th | Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 77/100 | |
5th | Zenefits 2013, Tempe (United States), Acquired | Cloud-based platform for HR and payroll management solutions | $598M | 69/100 | |
6th | Cerner 1979, North Kansas City (United States), Acquired | Online platform for employee health benefits | - | 69/100 | |
7th | Bharatsure 2021, Mumbai (India), Seed | Provider of technology and infrastructure for employee benefits and embedded insurance | $3.25M | 67/100 | |
8th | Visit Health 2016, Noida (India), Series A | Operator of a platform providing wellness and outpatient healthcare benefit solutions | $7.79M | 67/100 | |
9th | AI-based healthcare management platform offering various solutions | $6.27M | 63/100 | ||
10th | Medi Assist 2002, Bengaluru (India), Public | Provider of benefits administration, international private medical insurance, and self-funded plans | $28.9M | 63/100 | |
16th | Provider of health insurance platform for businesses | $40.9M | 55/100 |
Looking for more details on Loop's competitors? Click here to see the top ones
Loop's Investments and acquisitions
Loop has made no investments or acquisitions yet.
Reports related to Loop
Here is the latest report on Loop's sector:
News related to Loop
Media has covered Loop for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
Loop Health Manages Healthcare for 1 Million Lives, Focuses on Prevention-Led ApproachThe Tribune•Jan 12, 2026•Loop
•
Samsung and Loop Partner to Make Device Security and Management AffordableSoko Directory•Sep 15, 2025•Loop, Samsung
•
Former Oura CEO Harpreet Singh Rai Joins Loop Health to Lead Healthcare BusinessMoneycontrol•Jun 26, 2025•Loop, Oura
•
Antler Injects IDR 19 Billion Investment into 10 Indonesian StartupsDailysocial•Nov 23, 2023•Antler, CLUB KYTA, Kamoo, Katalis and 2 others
•
Loop Health’s $25 Million Series B FinancingGlobal Legal Chronicle•Apr 22, 2022•Loop, General Catalyst, Elevation Capital, Khosla Ventures and 2 others
•
Loop and HROne join hands to revolutionize HR SolutionsAsian News International•Mar 10, 2022•Loop, HROne
•
Loop rebrands with a new ad campaign featuring Kunal KapoorAsian News International•Mar 03, 2022•Loop
•
Elevation Capital, General Catalyst lead $12M round into health insurance startup Loop HealthTechCrunch+•Sep 30, 2021•Loop, Elevation Capital, General Catalyst, Khosla Ventures and 4 others
•
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