The Ken reported a regulatory risk: Indian rules do not allow brokers to also act as wellness-service providers, so Loop has had to use a structural workaround while pursuing its health-assurance model.
SourceModern & comprehensive health insurance plan for employees in India
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Loop Health is an India-based employer health-benefits company that combines group health insurance brokerage with preventive primary care, wellness, and care-navigation tools for companies with 100+ employees. The company’s public materials describe it as a “Health Assurance” platform rather than a traditional broker.
Primary product
Employer health assurance platform: group health insurance plus preventive primary care, wellness, claims support, and HR tools
Founded
2019
Headquarters
Platina Building, BKC, Mumbai, India
Team size
400-500
Industry
Hospitals and Health Care
Sub-industry
InsurTech / employee health benefits
Offices
0 jobs at Loop Health
Check back later for new openings
Business model
Stage
Series B
Total raised
$40M
Latest round
Series B · Apr 2022
Latest amount
$25M
Apr 2022 · General Catalyst and Elevation Capital
Sep 2021 · General Catalyst and Elevation Capital
Dec 2020 · Sierra Ventures
Mar 2020 · Y Combinator
Leadership
Co-founder & CEO
Co-founder
Co-founder & COO
Harpreet Singh Rai
President, Healthcare
Investors
Mission-driven and product-heavy, with an emphasis on ownership, empathy, curiosity, collaboration, and shipping quickly. The hiring flow is described as fast, constructive, and kind.
Compensation
The careers page says Loop aims to be at the top of the market on compensation and also offers a 25k education budget per person.
Benefits
Pricing
Custom quote / employer-paid enterprise plan; companies submit business details, employee count, and renewal timing to get pricing.
Differentiators
Technology
Customers
Competitors
Estimated revenue
US$1M-$10M
The Ken reported a regulatory risk: Indian rules do not allow brokers to also act as wellness-service providers, so Loop has had to use a structural workaround while pursuing its health-assurance model.
SourceBusinessToday · Jan 2026
BusinessToday says Loop crossed 1 million lives under management, serves 1,250+ companies, launched HealthFlex in October 2025, and added Harpreet Singh Rai as President, Healthcare in June 2025.
LinkedIn · Oct 2025
Ryan Singh announced HealthFlex, a flexible benefits platform that splits employer health budgets between insurance and employee-controlled wallets for out-of-pocket care.
AccessNewswire · Jun 2025
Press release announcing Harpreet Singh Rai’s appointment as President, Healthcare and describing his remit over Loop’s healthcare products.
The Ken · Jun 2025
The Ken podcast discusses Loop’s push toward a more full-stack health-assurance model and the regulatory hurdles involved.
The Ken · Jun 2025
The Ken explains Loop’s broker-plus-wellness model, notes named insurers and customers, and highlights the regulatory constraint on brokers also providing wellness services.