Amrit Singh is a co-founder of Loop Health, the fastest-growing health insurance startup in India. 

Our discussion today is about what it’s like to be a founder in India, and what the startup ecosystem there looks like relative to the US. India is an interesting paradox because although it’s a massive country in terms of population which contains almost 1 in 5 living people, that doesn’t always equate to huge market sizes in terms of available spend. 

We also talk about the state of healthcare in India in a world where medical inflation is leading to the cost of care doubling every five years even though quality isn’t getting 2X better, and how the fee-for-service model perpetuates perverse incentives in healthcare all around the world. We discussed Loop’s mission to help change this with a philosophy around value-based healthcare that focuses on preventing sickness instead of reacting to it. 

This episode is for anyone interested in company-building in emerging markets like India, or for those just looking for valuable insights on being a founder and what it takes to succeed. Let’s dive in.

Hosted by Marshall Kosloff and produced by Jackson Steger