Health insurance distribution startup Loop Health has raised $12 million (around Rs 88 crore) in a funding round led by Elevation Capital and General Catalyst.
The series-A funding round also saw participation from Vinod Khosla (through Khosla Ventures), YC Continuity Fund, and Tribe Capital.
The startup will use the funding to scale up business and for product development through custom insurance products, including wellness and physical healthcare clinics, and drive strategic hiring, mainly in the sales and engineering verticals.
