About Fitard
Fitard is a Healthcare company based in Mumbai (India) founded in 2015, and was acquired by ObiNo in February 2017. Mobile app for tracking fitness activity. The company was acqui-hired. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Tracking and Monitoring. Its legal entity in India is Fitard Technology Private Limited (U72300MH2016PTC271762).
Company details
Fitard is a mobile app that enables users to track their fitness activities automatically based on which users can earn fitcoins. User can redeem these earned coins to avail listed rewards. Users can also participate in public challenges, such as marathons, and will get rewarded if they come up as winners. As of April 2016, operates in Mumbai, Bengaluru, Gurgaon, and Pune and claims to have over 500 daily active users with more than 3,000 downloads.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsHealthcare
- Website fitard.com
- Social LinkedIn X Facebook
- Acquired by ObiNo (Feb 2017)
- Legal Name Fitard Technology Private Limited
- Date of Incorporation 07 Jan, 2016
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Fitard
Fitard operates through Fitard Technology Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fitard Technology Private Limited CIN U72300MH2016PTC271762 | Strike Off | 07 Jan 2016 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Investors in Fitard
Fitard has secured backing from 1 investor. Prominent investors backing the company include ObiNo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mobile app guide for weight-loss advice | 2012 | obino.in | Mumbai, India |
Investor details for Fitard
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Board of directors of Fitard Technology Private Limited (Fitard)
Fitard Technology Private Limited is the primary company behind Fitard. The board of Fitard Technology Private Limited currently have 2 directors; the longest-serving is Shubham Goyal, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubham Goyal DIN 07373816 | Director | 07 Jan 2016 | 10 yrs 10 mo | Fitard Technology Private Limited |
| Pankaj Singh Bora DIN 07396630 | Director | 07 Jan 2016 | 10 yrs 10 mo | Fitard Technology Private Limited |
Financials of Fitard
Figures of Fitard Technology Private Limited, the primary company behind Fitard, for FY 2017. Revenue was ₹96,499. Net loss was -₹1 Lakh (-104% margin). EBITDA was -₹96,476 (-100% margin).
- ₹96,499Revenue · FY 2017
- -₹1 LakhNet loss · -104% margin
- -₹96,476EBITDA · -100% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Fitard Technology Private Limited are on its company page.
Detailed financial statements for Fitard
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Fitard
2 dated milestones of Fitard across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Fitard is founded.
- Exit Acquired by ObiNo.
Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as Fitard (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 Fitard
Complete news archive for Fitard
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Frequently Asked Questions about Fitard
Fitard was founded in 2015.
Fitard is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Fitard, Fitard Technology Private Limited, reported revenue of ₹96,499 for FY 2017.
Fitard is a mobile app that enables users to track their fitness activities automatically based on which users can earn fitcoins. User can redeem these earned coins to avail listed rewards. Users can also participate in public challenges, such as marathons, and will get rewarded if they come up as winners. As of April 2016, operates in Mumbai, Bengaluru, Gurgaon, and Pune and claims to have over 500 daily active users with more than 3,000 downloads.
Fitard has 1 investor. Key investors include ObiNo.
Fitard operates through Fitard Technology Private Limited.
Yes. Fitard was acquired by ObiNo in February 2017.
The legal entities of Fitard currently have 2 directors, including Shubham Goyal, Pankaj Singh Bora.