About Areno
Areno is a Healthcare company based in Bengaluru (India) founded in 2022 by Sidharth Jain and Nikhil Chhabra. AI-powered virtual arena for fitness and wellness rewards. Areno has raised $91.72 thousand across 4 funding rounds from investors including Chitkara University, Kuberans House and Dinesh Arora. The company has 1 employees. Areno was last valued at $1.73 million in May 2024. Its chief executive, as recorded, is Nikhil Chhabra. Its Indian entity Areno Innovations Private Limited reported revenue of ₹5.3 Lakh. Areno offers products and services including Areno App, Step Tracking Feature, and Meditation Module. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Tracking and Monitoring.
Company details
Arenowas founded in 2022 in Bengaluru, India, within the fitness and wellness technology sector. An app is provided that utilizes the mobile devices front-facing camera to measure fitness activities, home workouts, and exercises. Rewards are unlocked through a gamified experience in a virtual arena, supporting user engagement in wellness routines. Operations focus on AI-driven tracking and incentive systems for participants.
- Headquarters Bengaluru, India
- Employees 1
- Founders Sidharth Jain, Nikhil Chhabra
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Website areno.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Areno Innovations Private Limited
- Date of Incorporation 09 Mar, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.3 Lakh
FY 2025 · +5361% YoY
- Net Loss-₹36.1 Lakh
FY 2025 · -688% margin
- EBITDA-₹29.4 Lakh
FY 2025 · -559% margin
- Total Equity Funding$91.72K (USD)
in 4 rounds
- Latest Funding Round$35.94K (USD), Seed
May 2024
- InvestorsChitkara University
& 6 more
- Employee Count1
Associated legal entities of Areno
Areno operates through Areno Innovations 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 |
|---|---|---|---|---|---|---|---|
| Areno Innovations Private Limited CIN U72900KA2022PTC158730 | Active | 09 Mar 2022 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Products & Services of Areno
Areno offers a comprehensive portfolio of products and services, including Areno App, Step Tracking Feature, and Meditation Module.
AI-powered app for home workouts and wellness tracking.
Tool to track daily steps and promote activity goals.
Guided sessions for mental calmness and stress relief.
Apps and channels of Areno
its YouTube channel Areno has 76 subscribers and 7 videos.
Videos from Areno
The most watched videos on Areno's YouTube channel, Areno (76 subscribers). Click a video to play it here.
More on Areno.
Funding Insights of Areno
Areno has successfully raised a total of $91.72K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $35.94 thousand completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $91,717
- Total Rounds 4
- Last Round Seed — $35,937
- First Round $14,682
(Mar 2023)
- Investors Count 7
All 4 funding rounds of Areno with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $35,937 | Seed | $1.73M | Kuberans House | – |
| Feb 2024 | $15,685 | Seed | $621,359 | Chitkara University | – |
| Aug 2023 | $25,413 | Seed | $••••• | Chitkara University, Dinesh Arora | |
| Mar 2023 | $14,682 | Angel Round | $••••• | Kiran Kadekoppa, Mudit Kumar |
| Date | Valuation | Stage |
|---|---|---|
| May 2024 | $1.73M | •••••••• |
Last known valuation $1.73M (May 2024). 7 investors in total: 2 institutional and 5 angel.
Investors in Areno
Areno has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Chitkara University, Kuberans House and Dinesh Arora.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers a fundraising platform to help startups secure investments. | 2020 | kuberanshouse.com | Bengaluru, India | |
Diverse degrees and courses are provided across multiple academic streams. | 2008 | chitkara.edu.in | Patiala, India | |
DA Dinesh Arora | unknown_47402060349d4930a | |||
MK Mudit Kumar | Angel investor and entrepreneur, co-founder of Nuvepro, focused on tech startups | unknown_a1a7aa316ed34fab9 | ||
DA Dinesh Arora | Angel investor and entrepreneur with focus on tech startups in India. | unknown_1eac67f7fc3b462c8 | ||
MK Mudit Kumar | unknown_e7b74c2e28f84000a | |||
KK Kiran Kadekoppa | Angel investor, ex-Qualcomm, focused on tech startups in India. | unknown_e88794b2d6964b698 |
Investor details for Areno
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Areno Innovations Private Limited (Areno)
Areno Innovations Private Limited is the primary company behind Areno. The board of Areno Innovations Private Limited currently have 2 directors; the longest-serving is Sidharth Jain, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sidharth Jain DIN 09531341 | Director | 09 Mar 2022 | 4 yrs 8 mo | Areno Innovations Private Limited |
| Nikhil Chhabra DIN 06580104 | Director | 09 Mar 2022 | 4 yrs 8 mo | Areno Innovations Private Limited |
People of Areno
4 people are tracked at Areno (4 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Suresh Gupta | CTO | Leadership |
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
Suresh G | Chief Technology Officer | Head Of Engineering | Leadership |
Complete people profiles for Areno
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Areno
Figures of Areno Innovations Private Limited, the primary company behind Areno, for FY 2025. Revenue was ₹5.3 Lakh (+5361% year on year). Net loss was -₹36.1 Lakh (-688% margin). EBITDA was -₹29.4 Lakh (-559% margin).
- ₹5.3 LakhRevenue · FY 2025 · +5361% YoY
- -₹36.1 LakhNet loss · -688% margin
- -₹29.4 LakhEBITDA · -559% margin
- ₹5.7 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Areno Innovations Private Limited are on its company page.
Detailed financial statements for Areno
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Areno
4 dated milestones of Areno across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Areno is founded.
- Funding First funding round of $15K.
- Funding Latest funding round, Seed, of $36K.
- Milestone Reaches Minicorn status.
Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as Areno (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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Frequently Asked Questions about Areno
Areno was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Areno is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nikhil Chhabra is the CEO of Areno, as recorded in our data. They have also founded this company.
Areno is a funded company, having raised a total of $91.72K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $14.68K, raised on Mar 2023.
Areno has 1 employees.
The primary company behind Areno, Areno Innovations Private Limited, reported revenue of ₹5.3 Lakh for FY 2025, up 5361% year on year.
Arenowas founded in 2022 in Bengaluru, India, within the fitness and wellness technology sector. An app is provided that utilizes the mobile devices front-facing camera to measure fitness activities, home workouts, and exercises. Rewards are unlocked through a gamified experience in a virtual arena, supporting user engagement in wellness routines. Operations focus on AI-driven tracking and incentive systems for participants.
Areno offers Areno App, Step Tracking Feature, and Meditation Module.
Areno has 7 investors. Key investors include Chitkara University, Kuberans House, Dinesh Arora, Mudit Kumar, and Dinesh Arora.
The valuation of Areno is $1.73M as of May 2024.
Areno operates through Areno Innovations Private Limited.
The legal entities of Areno currently have 2 directors, including Sidharth Jain, Nikhil Chhabra.