
Former Oura CEO, Harpreet Singh Rai, Joins Loop to Accelerate Preventive Health Innovation
Loop, the insurance and healthcare company on a mission to add 20 healthy years to the lives of working Indians, has announced that Harpreet Singh Rai, former CEO of health-tracking pioneer Oura and an early investor in Loop, has joined Loop as President, Healthcare.
Harpreet brings a decade of experience in building and scaling preventive health solutions that merge science, data, and human behavior. As CEO of Oura from 2018 to 2021, he led the launch of the company's 2nd and 3rd generation rings, selling over 1 million units.
Harpreet Singh Rai
In his new role, Harpreet will lead the development of Loop's healthcare products, working closely with Loop's medical, product, and engineering teams. His focus will be on creating seamless, engaging experiences that help people take charge of their health.
'Indias workforce loses 20 years compared to global peers; not because of destiny, but because our system profits from sickness rather than health. Harpreet has built consumer health products that people actually use and love. Thats exactly the leadership we need to scale prevention beyond corporate walls,' said Mayank Kale, Co-founder and CEO at Loop.
Before Oura, Harpreet spent nine years as a technology portfolio manager at Eminence Capital, focusing on healthcare and technology investments. He began his career in Morgan Stanley's M&A group and holds a degree in electrical engineering from the University of Michigan. His rare blend of engineering, investing, and health leadership uniquely equips him to accelerate Loop's prevention-first approach.
'Loop is building something fundamentally different-Mayank and the team have a unique lens to improve healthcare for India. I'm excited to help make healthcare more accessible, engaging, and measurable for millions of working Indians. This is how we add decades to lives-one person, one family, one company at a time,' said Harpreet Singh Rai.
About Loop
Loop is on a mission to add 20 healthy years to the Indian workforce. By combining best-in-class insurance with unlimited primary care and data-led prevention, Loop empowers over 850,000 employees at 1,200+ companies to live longer, healthier lives. Backed by global investors including Y Combinator, Khosla Ventures, Elevation Capital, and General Catalyst, Loop is redefining corporate healthcare by making prevention profitable, outcomes measurable, and vibrant health possible for every team in India.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
11 minutes ago
- Business Standard
India's external debt rises to $736 billion, 19.1% of GDP, says RBI
India's external debt rose to $736.3 billion, or 19.1 per cent of gross domestic product (GDP), at the end of March 2025 from $668.8 billion, or 18.5 per cent of GDP, a year ago. In a statement, the Reserve Bank of India (RBI) said the valuation effect due to the appreciation of the US dollar vis-à-vis the Indian rupee and other currencies amounted to $5.3 billion. Excluding the valuation effect, external debt would have increased by $72.9 billion instead of $67.5 billion at the end of March 2025 over the end of March 2024. The long-term debt (with original maturity of above one year) at end-March 2025 was placed at $601.9 billion, an increase of $60.6 billion over its level at end-March 2024. The share of short-term debt (with original maturity of up to one year) in total external debt declined to 18.3 per cent at end-March 2025 from 19.1 per cent at end-March 2024. However, the ratio of short-term debt (original maturity) to foreign exchange reserves increased to 20.1 per cent at the end of FY25 from 19.7 per cent at the end of FY24. US dollar-denominated debt remained the largest component of India's external debt, with a share of 54.2 per cent at end-March 2025. This was followed by debt denominated in the Indian rupee (31.1 per cent), yen (6.2 per cent), Special Drawing Rights (4.6 per cent), and euro (3.2 per cent). Loans remained the largest component of external debt, with a share of 34 per cent, followed by currency and deposits (22.8 per cent), trade credit and advances (17.8 per cent), and debt securities (17.7 per cent).
&w=3840&q=100)

Business Standard
11 minutes ago
- Business Standard
Real wages rose most for managers, declined for clerks: CSEP study
Growth in real average annual income between 2017-18 and 2023-24 has been the highest for 'administrators and managers', while wages of 'clerks' have declined, shows the latest paper by private think tank Centre for Social and Economic Progress (CSEP). The paper, authored by Amaresh Dubey and Laveesh Bhandari, estimated average annual growth in daily real wages for seven occupations for the period. The data showed real daily wages for 'administrators and managers' grew at an annual average of 6.7 per cent to ₹611.9 in 2023-24 from ₹414.1 in 2017-18. Wages of 'clerks' declined at an annual average of 1.3 per cent to ₹397.6 from ₹429.7 in the period. 'The most notable increase in annual incomes has been among those classified as administrators and managers. While there is some variation in real growth, the key issue is that overall real wages have not increased significantly for most segments,' the paper read. In the six-year period, real daily wages for other occupation groups like 'sales and service workers' saw an average annual growth rate of 0.64 per cent to ₹262.5 from ₹252.6, while those of 'agriculture and fishery workers' and 'professionals, associate professionals' grew 0.72 per cent and 0.81 per cent, respectively. 'We believe that this low wage growth, despite high employment growth, is not a temporary anomaly. It is indeed a matter of concern. Although the six-year period is not particularly long, it is not short either. If these trends persist, they could impact not only equity but also long-term economic growth,' the paper said. The paper shows growth in the real average annual wage of educated Indians has seen a decline during this period. Real daily wages of 'graduates and above' saw an annual average decline of 0.22 per cent to ₹517.7 from ₹524.6 during this period, and those of 'secondary, higher secondary and diploma holders' also went down by 0.12 per cent to ₹281.1 from ₹283.2. On the other hand, the average real wages of 'low educated Indians' saw a paltry increase over this period. The data shows that people who are categorised as 'literate but below primary' saw their wages rise by an average of 1.63 per cent during this period, followed by people who are categorised as 'primary educated' (1.10 per cent) and 'not literate' (0.96 per cent). The study examined the broad patterns of employment emerging in India, utilising datasets from the National Statistics Office (NSO), specifically the Employment and Unemployment Survey (EUS) and the Periodic Labour Force Survey (PLFS). Among other findings, the paper showed employment has been increasing steadily throughout the period under consideration, with female employment rising faster than male employment. It also showed there is relative stagnation in cropping-sector employment, with the non-cropping sector, which includes livestock and higher-value agriculture accounting for two-thirds of employment growth.


Time of India
22 minutes ago
- Time of India
Tesla CEO Elon Musk responds to Bill Clinton's ‘message' to Indian-origin NYC mayoral candidate Zohran Mamdani
Tesla CEO Elon Musk has responded to former US President Bill Clinton 's congratulatory message to Zohran Mamdani , the Indian-origin democratic socialist who recently won the Democratic primary for New York City mayor. Clinton recently shared a post on X (formerly Twitter), writing: 'Congratulations @ZohranKMamdani on your victory in yesterday's primary election and a well-run campaign.' He further wished him 'success in November and beyond', referring to 2025 New York City mayoral election – scheduled to occur on November 4. Musk's replied to the post with a 'Thinking Face' emoji, expressing his surprise on social media over Clinton's support. The tech billionaire's response comes after he distanced himself from active political roles after stepping down from the Department of Government Efficiency (DOGE). "Congratulations @ZohranKMamdani on your victory in yesterday's primary election and a well-run campaign. I'm wishing you much success in November and beyond as you work to bring New Yorkers together to tackle the city's challenges and shape a stronger, fairer future," Clinton wrote on X. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it better to shower in the morning or at night? Here's what a microbiologist says CNA Read More Undo Who is Zohran Mamdani Zohran K. Mamdani is a 33-year-old Democratic socialist and New York State Assembly member, representing parts of Queens — Astoria and Long Island City. Born in Kampala, Uganda, he moved to New York at age 7. He attended Bronx High School of Science and earned a degree in Africana Studies from Bowdoin College. Before entering politics in 2020, Mamdani worked as a housing counselor and briefly released rap music under the name 'Young Cardamom'. Mamdani's background as a housing counselor and organizer, combined with his district's high rent burden (nearly 25% of residents spend half their income on rent per NYC data), highlights a grassroots appeal that contrasts with Clinton's establishment support, potentially fueling Musk's implied critique of Democratic shift. Google Search AI Mode launched in India: Does it really make your search smarter? AI Masterclass for Students. Upskill Young Ones Today!– Join Now