Startup Atlas · Agritech

Loopworm

Loopworm Private Limited Bengaluru, Karnataka Founded 2019 loopworm.in ↗
Ankit Alok Bagaria · Co-founder & CEO Abhi Gawri · Co-founder & CEO
$6.65 MnTotal funding (tracked)
2Funding rounds
1 Jul 2025Last round
49Team size (sourced)

Loopworm: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Cheaper alternative to industrial biologics manufacturinghalf to one-fifth the cost

Insects replace expensive bioreactor-based industrial infrastructure for producing biological molecules.

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A manufacturing company built around insects

Founder framing: Loopworm positions itself as a manufacturing company rather than an animal-nutrition company that happens to use insects.

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Reactor-free recombinant protein production

Silkworms used as living factories to produce complex proteins without traditional bioreactors.

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Customer Segments

Domestic feed manufacturers (India)

Aquaculture, poultry and pet-food feed manufacturers in India who buy Loopworm's insect protein and oil as feed ingredients.

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Shrimp & aquaculture feed manufacturers (Andhra Pradesh, Odisha, West Bengal)

Regional shrimp feed manufacturers in India's key aquaculture belts.

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Export aquaculture & pet-food buyers (Japan, Europe, South America, ASEAN)

International aquaculture and pet-food companies that import Loopworm's silkworm/insect protein and oil.

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Customer Relationships

Trust-building with feed manufacturers via consistency & certification

Founder-described approach to winning over early B2B buyers unfamiliar with silkworm-based protein.

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Channels

Direct B2B supply to feed & pet-food manufacturers

Loopworm sells proteins/fats directly to feed and pet-food manufacturers, who formulate finished products for farmers and pet owners.

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International exports (Europe, South America, ASEAN)

Exports insect-derived protein and oil to overseas aquaculture and pet-food buyers.

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Key Activities

Insect rearing on food waste / organic byproduct

Growing insects (black soldier fly, silkworms) on food waste and processing them into value-added feed products.

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Biomass refining into standardised protein & oil products

Breaking down raw insect biomass, separating components, and refining into storable, transportable formats.

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R&D on silkworm-based recombinant protein platform

Developing a reactor-free process that uses silkworms as living factories to produce complex proteins.

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Key Resources

Proprietary biomass-processing technology

In-house systems that convert raw insect biomass into stable, standardised protein powders and oils.

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6,000-tonne-per-year Bengaluru processing facility

State-of-the-art insect-processing facility in Bengaluru.

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India's sericulture base as a raw-material supply chain

India's silk industry produces silkworm pupae as a byproduct, which Loopworm sources as feedstock.

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Key Partnerships

Government & foundation grant backers

Early institutional backing came from government schemes and philanthropic foundations before institutional equity rounds.

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ICAR-IIPR crop-trial collaboration

Research collaboration testing Loopworm's crop biostimulant on pulses.

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Revenue Streams

Animal-feed ingredient sales (protein concentrates & Omega-3 fats)

Core revenue driver: insects processed into high-protein concentrates and Omega-3-rich fats sold as feed ingredients.

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FY25 revenue and FY26 projection₹4.5 Cr FY25 revenue

Reported revenue for FY25 with a projected increase for FY26, driven largely by export demand in animal nutrition.

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Cost Structure

No cited public information yet.

FAQs on Loopworm

What is Loopworm's business model?

Loopworm's core value proposition centers on Cheaper alternative to industrial biologics manufacturing, A manufacturing company built around insects, Reactor-free recombinant protein production.

How does Loopworm make money?

Loopworm's cited revenue streams include Animal-feed ingredient sales (protein concentrates & Omega-3 fats), FY25 revenue and FY26 projection.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: agfundernews.com · Last verified 9 Sep 2026. · Report a correction