Loopworm - About the company
Loopworm is a seed company based in Bengaluru (India), founded in 2019 by Abhi Gawri and Ankit Alok Bagaria. It operates as a Manufacturer of insect based protein products and recombinant protein platforms. Loopworm has raised $6.65M in funding from WaterBridge and Omnivore, with a current valuation of $*****. The company has 39 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Wastelink, Elmentoz and GreenGrahi.
Company Details
Manufacturer of insect based protein products and recombinant protein platforms. Operations involve processing insects into nutritional feed ingredients for animals and extracting biomolecules for use in plant nutrition, cosmetics, and pharmaceutical applications. The production process utilizes various insect species to generate proteins, fats, and peptides. These materials serve as alternatives to traditional agricultural resources in industrial and biological applications.
- Website
- loopworm.in
- Email ID
- *****@loopworm.in
- Registered Address
- 677, 1ST FLOOR, 27TH MAIN, 13TH CROSS HSR LAYOUT, 1SECTOR, Bangalore, BANGALORE, Karnataka, India, 560102
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
$6.65M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 30, 2025
Investors
Ranked
2nd among 39 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
27 as on Aug 31, 2025
Similar Companies
Legal entities associated with Loopworm
Loopworm is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOOPWORM PRIVATE LIMITED CIN: U90001KA2019PTC127874 , India, Active | Sep 12, 2019 | 0 - ₹10 Cr (As on Mar 31, 2025) | 35 (As on Apr 01, 2026) |
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Loopworm's funding and investors
Loopworm has raised a total funding of $6.65M over 3 rounds. Its first funding round was on Aug 19, 2022. Its latest funding round was a Seed round on Jun 30, 2025 for $*****. 6 investors participated in its latest round. Loopworm has 14 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of Loopworm:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 30, 2025 | 3284962 | Seed | 8639807 | 7783195 | 7032745 | 6826071 |
2023 | 7431 | Seed | 6980 | 2854 | 6528 | |
Aug 19, 2022 | 3968555 | Seed | 3784057 | 6487158 |
View details of Loopworm's funding rounds and investors
Loopworm's founders and board of directors
Founder? Claim ProfileThe founders of Loopworm are Abhi Gawri and Ankit Alok Bagaria. Ankit Alok Bagaria is the CEO of Loopworm.
Here are the details of Loopworm's key team members:
- Abhi Gawri: Co-Founder & COO of Loopworm. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Ankit Alok Bagaria: Co-Founder & CEO of Loopworm. They serve on the board of 1 company.Contact Info: 1 email address
Loopworm's Board of Directors
Loopworm's board has 2 active members. Abhi Gawri and Ankit Alok Bagaria are part of team.Here is the list of Loopworm's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 11m | |
Team | - | Current | 6y 11m |
View details of Loopworm's Founder profiles and Board Members
Loopworm's employee count trend
Loopworm has 27 employees as of Aug 25. The total employee count is 13.0% lower than what it was in Aug 24. Here is Loopworm's employee count trend over the years:
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Loopworm's Competitors and alternates
Top competitors of Loopworm include Wastelink, Elmentoz and GreenGrahi. Here is the list of Top 10 competitors of Loopworm, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of food waste upcycling and circular economy platform | $5.76M | 66/100 | ||
2nd | Manufacturer of insect based protein products and recombinant protein platforms | $6.65M | 55/100 | ||
3rd | Provider of alternative protein solutions for animal feed and other applications | $6.45M | 47/100 | ||
4th | GreenGrahi 2021, Delhi (India), Seed | Provider of insect-based products for animal nutrition, plant nutrition, and biomedical | $3.38M | 46/100 | |
5th | UltraNutri 2022, Bengaluru (India), Seed | Developer of insect protein to replace fishmeal in aquaculture feed | $789K | 43/100 | |
6th | Provider of cattle farming and animal nutrition services | - | - | 43/100 | |
7th | Ento Proteins 2021, Mangaluru (India), Acquired | Manufacturer of insect meal oil compost humic acid and briquettes | - | - | 42/100 |
8th | Provider of solution to tranform bio waste into valuable resources | - | - | 41/100 | |
9th | Operator of insect farming systems producing protein and insect byproducts | $12.1M | - | 39/100 | |
10th | Healthy Life Agritec 2019, Mumbai (India), Unfunded | Brand offering milk, butter, yoghurt and bakery products | - | - | 37/100 |
Looking for more details on Loopworm's competitors? Click here to see the top ones
Loopworm's Investments and acquisitions
Loopworm has made no investments or acquisitions yet.
Reports related to Loopworm
Here is the latest report on Loopworm's sector:
News related to Loopworm
Media has covered Loopworm for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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India's Loopworm announces carbon-negative rating for insect-based ingredientsWeareaquaculture•Apr 27, 2026•Loopworm
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Loopworm opens Series A funding round for alternative feedSeafoodSource•Sep 17, 2025•Loopworm, Omnivore
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Silkworm biotech startup Loopworm secures $3.25M in Pre-Series A fundingThefishsite•Jul 01, 2025•Enrission India Capital, Loopworm, WaterBridge
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Loopworm Secures ISO 22000, GMP+, and HACCP CertificationsBusinessnewsthisweek•Sep 19, 2024•Loopworm
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Loopworm raises $3.4 m from Omnivore, WaterBridge Ventures and othersBusiness Line•Aug 24, 2022•Loopworm, WaterBridge, Omnivore, Titan Capital
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