About Areno
Areno is a company based in Bengaluru (India) founded in 2022 by Sidharth Jain and Nikhil Chhabra. 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 as of April 11, 2024. Areno offers products and services including Areno App, Step Tracking Feature, and Meditation Module. Areno operates in a competitive market with competitors including MapMyFitness, Sonde Health, Fitmint, PUML and Endomondo, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 11 Apr, 2024
- Founders Sidharth Jain, Nikhil Chhabra
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Areno Innovations Private Limited
- Date of Incorporation 09 Mar, 2022
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$91.72 K (USD)
in 4 rounds
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Latest Funding Round
$35.94 K (USD), Seed
May 10, 2024
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Investors
Chitkara University
& 6 more
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Employee Count
1
as on Apr 11, 2024
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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.
People of Areno
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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.
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 |
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Offers a fundraising platform to help startups secure investments.
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Diverse degrees and courses are provided across multiple academic streams.
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DA
Dinesh Arora |
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Investor details for Areno
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Investments & Acquisitions by Areno
Investment portfolio details for Areno
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Financial Statements - Areno
Detailed financials for Areno
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Areno Comparisons
Peer comparison for Areno
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Competitors of Areno
Areno operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MapMyFitness, Sonde Health, Fitmint, PUML and Endomondo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Personalized fitness training is delivered via a mobile application.
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Voice-based platform is utilized for assessing health conditions via biomarkers.
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Fitness activities are tracked to earn cryptocurrency and NFT rewards.
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Blockchain rewards for health, fitness, and digital records are offered.
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Mobile application for tracking physical fitness activities is provided.
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Developer of mobile applications for healthcare
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Detailed competitors of Areno
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Latest news on Areno
Complete news archive for Areno
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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 current CEO of Areno. They have also founded this company.
Areno is a funded company, having raised a total of $91.72K across 4 funding rounds to date.
As of Apr 11, 2024, the latest employee count at Areno is 1.
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's top competitors include MapMyFitness, Sonde Health and Fitmint.
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.