About AQFIT
AQFIT is a Healthcare company based in Noida (India) founded in 2018, and was acquired by Deep Nordic in March 2022. Fitness trackers are developed for consumers by AQFIT. It operates in the Healthcare and Technology sectors. Its Indian entity Aqfit Smart Technology Private Limited reported revenue of ₹51 Lakh. AQFIT offers products and services including W9 Quad, W12, W11, and A11. Its focus areas include High Tech, Wearable Technology, Watches and Trackers and Fitness Trackers.
Company details
AQFIT was founded in 2018 in Noida, India, where fitness bands are designed and developed for consumer use in the wearable technology sector. Key features incorporated include an OLED screen, heart rate monitoring, sleep tracking, blood pressure and oxygen monitoring, sedentary reminders, pedometer functionality, smart notifications, and anti-lost alerts. Integration with a companion app is provided, ensuring compatibility with both Android and iOS devices.
- Headquarters Noida, India
- Stage Acquired
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website aqfit.in
- Social LinkedIn X Facebook Instagram
- Acquired by Deep Nordic (Mar 2022)
- Legal Name Aqfit Smart Technology Private Limited
- Date of Incorporation 21 Jun, 2019
- Jurisdiction Delhi, India
- Annual Revenue₹51 Lakh
FY 2025 · +1% YoY
- Net Profit₹39.3 Lakh
FY 2025 · 77% margin
- EBITDA₹39.8 Lakh
FY 2025 · 78% margin
- Investors
- Acquired byDeep Nordic
(Mar 2022)
Associated legal entities of AQFIT
AQFIT operates through Aqfit Smart Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aqfit Smart Technology Private Limited CIN U32302DL2019PTC351677 | Active | 21 Jun 2019 | New Delhi, Delhi | ₹0.5 Cr | 2 | View details |
Products & Services of AQFIT
AQFIT offers a comprehensive portfolio of products and services, including W9 Quad, W12, W11, and A11.
Bluetooth calling smartwatch for fitness and connectivity features
Feature-packed smartwatch with health tracking and notifications
Advanced wearable for daily activity monitoring and calls
Bluetooth audio product for wireless music and connectivity
Investors in AQFIT
AQFIT has secured backing from 1 investor. Prominent investors backing the company include Deep Nordic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy-efficient wearables and consumer electronics are developed by Deep Nordic. | deepnordic.com | Copenhagen, Denmark |
Investor details for AQFIT
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Board of directors of Aqfit Smart Technology Private Limited (AQFIT)
Aqfit Smart Technology Private Limited is the primary company behind AQFIT. The board of Aqfit Smart Technology Private Limited currently have 2 directors; the longest-serving is Manish Kumar Pengoriya, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Kumar Pengoriya DIN 06374395 | Director | 21 Jun 2019 | 7 yrs 4 mo | Aqfit Smart Technology Private Limited |
| Shweta Pengoriya DIN 07315291 | Director | 31 Aug 2023 | 3 yrs 2 mo | Aqfit Smart Technology Private Limited |
Financials of AQFIT
Figures of Aqfit Smart Technology Private Limited, the primary company behind AQFIT, for FY 2025. Revenue was ₹51 Lakh (+1% year on year). Net profit was ₹39.3 Lakh (77% margin). EBITDA was ₹39.8 Lakh (78% margin). Revenue has grown at a compounded annual rate of -50% over three years and +21% over five years.
- ₹51 LakhRevenue · FY 2025 · +1% YoY
- ₹39.3 LakhNet profit · 77% margin
- ₹39.8 LakhEBITDA · 78% margin
- ₹2.50 CrPaid-up capital
- -50%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aqfit Smart Technology Private Limited are on its company page.
Detailed financial statements for AQFIT
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Timeline of AQFIT
2 dated milestones of AQFIT across 4 years, from founding to its latest funding, stage changes and deals.
- Founded AQFIT is founded.
- Exit Acquired by Deep Nordic.
Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as AQFIT (Fitness & Wellness Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | 1,832 | ||
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Related news about Aqfit
Complete news archive for AQFIT
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Frequently Asked Questions about AQFIT
AQFIT was founded in 2018.
AQFIT is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind AQFIT, Aqfit Smart Technology Private Limited, reported revenue of ₹51 Lakh for FY 2025, up 1% year on year.
AQFIT was founded in 2018 in Noida, India, where fitness bands are designed and developed for consumer use in the wearable technology sector. Key features incorporated include an OLED screen, heart rate monitoring, sleep tracking, blood pressure and oxygen monitoring, sedentary reminders, pedometer functionality, smart notifications, and anti-lost alerts. Integration with a companion app is provided, ensuring compatibility with both Android and iOS devices.
AQFIT offers W9 Quad, W12, W11, and A11.
AQFIT has 1 investor. Key investors include Deep Nordic.
AQFIT operates through Aqfit Smart Technology Private Limited.
Yes. AQFIT was acquired by Deep Nordic in March 2022.
The legal entities of AQFIT currently have 2 directors, including Manish Kumar Pengoriya, Shweta Pengoriya.