#startup of the day 11 - Loopworm
India, July 20 -- Inception - 2019
Location - Bengaluru, India
Industry domain - Insect Biotechnology & Biomanufacturing
Founder - Ankit Alok Bagaria and Abhi Gawri (IIT Roorkee alumni)
Total team strength - 60+ employees, including 20+ scientists
Total funds raised - USD 6.65 million (USD 3.4M Seed in 2022 + USD 3.25M Pre-Series A in 2025)
Investors - Omnivore, Waterbridge Ventures, Enrission India Capital, Titan Capital and marquee angel investors.
Supported by: Social Alpha (Tata Trusts), H&M Foundation, Ministry of Agriculture & Farmers Welfare, Department of Biotechnology (Government of India).
Revenue generated since inception - ~INR 20 crore
Key Highlights -
Raised USD 3.25M Pre-Series A to expand its silkworm recombinant...
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