About Loopworm
Loopworm is an Agriculture company based in Bengaluru (India) founded in 2019 by Abhi Gawri and Ankit Alok Bagaria. It operates as an insect-based proteins and biomaterials are developed for multiple industries. Loopworm has raised $6.65 million across 3 funding rounds from investors including Superb Capital, Enrission India Capital and WaterBridge Ventures. Loopworm was last valued at $9.41 million in August 2022. Its chief executive is Ankit Alok Bagaria. Its Indian entity Loopworm Private Limited reported revenue of ₹1.65 Cr. Loopworm offers products and services including Recombinant Protein Platform, Dogs & Cats, Aquaculture, Ornamental Fish, and Poultry. Its focus areas include Food and Agriculture Tech, Insect Farming Tech, Insects and Insect based Products. Its competitors include Protix, Grubbly Farms, InnovaFeed, Nutrition Technologies and Entobel and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Loopworm was founded in 2019 in Bengaluru, India, within the biotechnology sector focused on sustainable materials. Insects such as silkworms and black soldier flies are processed into proteins and fats for animal nutrition, active ingredients for plant biostimulants, and recombinant proteins via biofactories. Biomolecules are extracted to produce organic coatings, alternatives to petrochemicals, and solutions for cosmetics and human wellness applications. Operations emphasize value-added products across nutrition and materials industries.
- Headquarters Bengaluru, India
- Founders Abhi Gawri, Ankit Alok Bagaria
- Stage Minicorn
- SectorsAgriculture
- Email••••••••
- Website loopworm.in
- Social LinkedIn X Facebook Instagram
- Legal Name Loopworm Private Limited
- Date of Incorporation 12 Sep, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.65 Cr
FY 2024 · +92% YoY
- Net Loss-₹5.70 Cr
FY 2024 · -346% margin
- EBITDA-₹5.36 Cr
FY 2024 · -325% margin
- Total Equity Funding$6.65M (USD)
in 3 rounds
- Latest Funding Round$3.25M (USD), Seed
Jul 2025
- InvestorsSuperb Capital
& 20 more
Associated legal entities of Loopworm
Loopworm operates through Loopworm Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Loopworm Private Limited CIN U90001KA2019PTC127874 | Active | 12 Sep 2019 | Bangalore, Karnataka | ₹1.6 Cr | 27 | 2 | View details |
Products & Services of Loopworm
Loopworm offers a comprehensive portfolio of products and services, including Recombinant Protein Platform, Dogs & Cats, Aquaculture, Ornamental Fish, and Poultry.
Platform for producing recombinant proteins from silkworms.
Insect-derived products for pet health and wellness benefits.
Sustainable proteins for fish farming and growth enhancement.
Nutrient-rich feeds for ornamental fish maintenance.
Insect-based proteins to support poultry productivity and immunity.
Biomolecules for enhancing crop growth and protection.
Media derived from insects for cell and microbial cultivation.
Funding Insights of Loopworm
Loopworm has successfully raised a total of $6.65M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.25 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $6.65M
- Total Rounds 3
- Last Round Seed — $3.25M
- First Round $3.4M
(Aug 2022)
- Investors Count 21
All 3 funding rounds of Loopworm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $3.25M | Seed | – | WaterBridge | |
| Jan 2023 | – | Seed | – | – | – |
| Aug 2022 | $3.4M | Seed | $9.41M | Omnivore, WaterBridge |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $9.41M | •••••••• |
Last known valuation $9.41M (Aug 2022). 21 investors in total: 5 institutional and 16 angel.
Investors in Loopworm
Loopworm has secured backing from 21 investors, including venture fund and angel investors. Prominent investors backing the company include Superb Capital, Enrission India Capital and WaterBridge Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech investments are focused on by WaterBridge in India. | – | waterbridge.vc | Delhi, India | |
- | 2016 | capital-enrissionindia.jp | - | |
Agritech startups are funded by Omnivore, a venture capital entity. | – | omnivore.vc | Mumbai, India | |
Investments are made in early-stage companies by Titan Capital. | – | titancapital.vc | Gurugram, India | |
Venture capital firm focused on early-stage technology companies | 2021 | superbcapital.in | Mumbai, India | |
NB Nadir Burjor Godrej | Indian industrialist, angel investor, and Chairman of Godrej Agrovet. | – | unknown_9d1249ffa09f4e0eb | - |
SR Sanjiv Rangrass | Angel investor, ex-ITC veteran, supports agritech and sustainability startups | – | unknown_e21d59f5242e47059 | - |
AS Akshay Singhal | Founder of Log9 Materials, innovator in battery tech, active angel investor | – | unknown_18f4aa392903426ab | - |
KB Kunal Bahl | Co-founder of Snapdeal, Titan Capital, active angel investor in Indian startups | – | unknown_91019488235f4197a | - |
RB Rohit Bansal | Co-founder of Snapdeal, active angel investor in Indian startups | – | unknown_26ae6d7760954525a | - |
Investor details for Loopworm
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Loopworm Private Limited (Loopworm)
Loopworm Private Limited is the primary company behind Loopworm. The board of Loopworm Private Limited currently have 2 directors; the longest-serving is Ankit Alok Bagaria, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Alok Bagaria DIN 08560689 | Director | 12 Sep 2019 | 7 yrs 1 mo | Loopworm Private Limited |
| Abhi Gawri DIN 08560688 | Director | 12 Sep 2019 | 7 yrs 1 mo | Loopworm Private Limited |
People of Loopworm
2 people are tracked at Loopworm (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Loopworm
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of Loopworm
Figures of Loopworm Private Limited, the primary company behind Loopworm, for FY 2024. Revenue was ₹1.65 Cr (+92% year on year). Net loss was -₹5.70 Cr (-346% margin). EBITDA was -₹5.36 Cr (-325% margin). Revenue has grown at a compounded annual rate of +136% over three years.
- ₹1.65 CrRevenue · FY 2024 · +92% YoY
- -₹5.70 CrNet loss · -346% margin
- -₹5.36 CrEBITDA · -325% margin
- ₹9.4 LakhPaid-up capital
- 27Employees (provident fund records)
- +136%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Loopworm Private Limited are on its company page.
Detailed financial statements for Loopworm
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Loopworm
4 dated milestones of Loopworm across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Loopworm is founded.
- Funding First funding round of $3.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $3.2M.
Competitors of Loopworm
Loopworm has 9 listed competitors in our database, 9 of them funded. They include Protix, Grubbly Farms, InnovaFeed, Nutrition Technologies and Entobel, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| protix.eu | 2009 | Dongen, Netherlands | $126.28M | – | Provides insect-based feed for animals and plants to promote sustainable food systems. | |
| grubblyfarms.com | 2015 | Norcross, United States | $13.22M | 1,800 | Larvae are harvested for fertilizer production and animal feed. | |
| innovafeed.com | 2015 | Evry Courcouronnes, France | $479.61M | – | Insect-based aquaculture feeds are developed from cultivated larvae. | |
| nutrition-technologies.com | 2016 | Johor Bahru, Malaysia | $25M | – | Provider of insect-based products for agriculture and livestock | |
| entobel.com | 2013 | Ho Chi Minh, Vietnam | $31.13M | – | Diversified insect-based feed and plant care products are produced. | |
| farminsect.eu | 2017 | Dachau, Germany | $13.69M | – | Automated insect breeding is provided for farmers' animal feed production. | |
| betahatch.com | 2015 | Seattle, United States | $23.9M | 38 | Integrated business for cultivation and processing of mealworm insects to supply poultry & aquaculture feed and an organic fertilizer | |
| bioflytech.com | 2012 | Alicante, Spain | $18.58M | – | Insect-based animal feeds are produced and supplied. | |
| arkeon.bio | 2021 | Vienna, Austria | $13.77M | – | Protein ingredients are developed through carbon capture technology. |
Detailed competitors of Loopworm
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- Full competitor set
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Web traffic of Loopworm
The website of Loopworm (loopworm.in) receives about 2.2K visits a month.
- Monthly visits2.2K
▲ 12.2% vs previous month
Top companies in Insect Farming Tech
10 companies that operate in the same segment as Loopworm (Insect Farming Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer and distributor of natural fertilizers and feeds for pets and aquatic animals | 2011 | Paris, Ile de France, France | USD 625 M | USD 21.08 M | 129 | |
AI and SaaS-based solutions for autonomous beehive management are provided. | 2018 | Nahariya, Northern District, Israel | USD 140 M | – | 20 | |
Beehive monitoring and pollination intelligence are provided via online platform. | 2017 | Fresno, California, United States | USD 61 M | – | – | |
Insect-based aquaculture feeds are developed from cultivated larvae. | 2015 | Evry-courcouronnes, Essonne, France | USD 537.61 M | – | – | |
Provider of insect farms and insect farming technology | 2015 | London, England, United Kingdom | USD 21.57 M | – | – | |
Insect-based nutrition products for animals and plants are produced. | 2021 | Delhi, Delhi, India | USD 4.19 M | – | 1 | |
Genetically modified insects are developed to suppress pest populations. | 2002 | Abingdon, Oxfordshire, United Kingdom | USD 26.43 M | USD 1.55 M | 78 | |
Provider of black soldier fly breeding solutions for insect farming | 2018 | Tel Aviv, Israel | USD 14.2 M | – | – | |
Integrated business for cultivation and processing of mealworm insects to supply poultry & aquaculture feed and an organic fertilizer | 2015 | Seattle, Washington, United States | USD 23.9 M | – | 38 | |
Edible insects are bred and marketed as alternative protein sources. | 2013 | Austin, Texas, United States | USD 49 M | USD 1.21 M | – |
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Frequently Asked Questions about Loopworm
Loopworm was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Loopworm is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ankit Alok Bagaria is the current CEO of Loopworm. They have also founded this company.
Loopworm is a funded company, having raised a total of $6.65M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Aug 2022.
The primary company behind Loopworm, Loopworm Private Limited, reported revenue of ₹1.65 Cr for FY 2024, up 92% year on year.
Loopworm was founded in 2019 in Bengaluru, India, within the biotechnology sector focused on sustainable materials. Insects such as silkworms and black soldier flies are processed into proteins and fats for animal nutrition, active ingredients for plant biostimulants, and recombinant proteins via biofactories. Biomolecules are extracted to produce organic coatings, alternatives to petrochemicals, and solutions for cosmetics and human wellness applications. Operations emphasize value-added products across nutrition and materials industries.
Loopworm's top competitors include InnovaFeed, Beta Hatch and Arkeon.
Loopworm offers Recombinant Protein Platform, Dogs & Cats, Aquaculture, Ornamental Fish, and 3 more products and services.
Loopworm has 21 investors. Key investors include Superb Capital, Enrission India Capital, WaterBridge Ventures, Omnivore, and Titan Capital.
The valuation of Loopworm is $9.41M as of Aug 2022.
Loopworm operates through Loopworm Private Limited.
The legal entities of Loopworm currently have 2 directors, including Ankit Alok Bagaria, Abhi Gawri.