Fitday

Hyderabad, India Founded: 2018 • Age: 8 yrs Minicorn
Traditional medicines are sold via an online pharmacy platform.

About Fitday

Fitday is a Healthcare company based in Hyderabad (India) founded in 2018 by Suresh Raju. Traditional medicines are sold via an online pharmacy platform. Fitday has raised $309.99 thousand across 1 funding round from investors including Gmb Entertainment. The company has 1 employees. Fitday was last valued at $6.28 million in August 2024. Its website fitday.in draws about 11 thousand monthly visits. Its Indian entity Fitday Private Limited reported revenue of β‚Ή1.80 Cr. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Drugs. Its competitors include Tata 1mg, Netmeds and Truemeds; 3 of its 3 listed competitors have raised funding.

Company details

Fitday was founded in 2018 by Suresh Raju and is headquartered in Hyderabad, India. Operations are centered on an e-pharmacy model that distributes traditional medicines through its domain, fitday.in. Services include online ordering and delivery of herbal and Ayurvedic products within the healthcare sector. The platform caters to customers seeking alternative remedies, with a focus on accessibility in the Indian market. Expansion details remain limited based on available records.

Key Metrics
  • Annual Revenue
    ₹1.80 Cr

    FY 2024 · -20% YoY

  • Net Loss
    -₹2.83 Cr

    FY 2024 · -157% margin

  • EBITDA
    -₹1.56 Cr

    FY 2024 · -87% margin

  • Total Equity Funding
    $309.99K (USD)

    in 1 rounds

  • Latest Funding Round
    $309.99K (USD), Seed

    Aug 2024

  • Employee Count
    1

Funding Insights of Fitday

Fitday has successfully raised a total of $309.99K through 1 strategic funding round. The most recent funding activity was a Seed round of $309.99 thousand completed in August 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 $309,985
  • Total Rounds 1
  • Last Round Seed β€” $309,985
  • First Round $309,985

    (Aug 2024)

  • Investors Count 1

All 1 funding rounds of Fitday with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2024$309,985Seed$6.28M–
Valuation history
DateValuationStage
Aug 2024$6.28Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.28M (Aug 2024). 1 investors in total: 1 institutional.

Investors in Fitday

Fitday has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gmb Entertainment.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
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Investor details for Fitday

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Board of directors of Fitday Private Limited (Fitday)

Fitday Private Limited is the primary company behind Fitday. The board of Fitday Private Limited currently have 2 directors; the longest-serving is Suresh Raju Patapati, appointed in 2019. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Suresh Raju Patapati
DIN 00328803
Director06 Nov 20196 yrs 11 moFitday Private Limited
Lakshmi Dandu
DIN 00328864
Director29 Feb 20242 yrs 8 moFitday Private Limited

People of Fitday

1 people are tracked at Fitday (1 in leadership); the tracked headcount is 1.

NameRoleGroup
FounderLeadership
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Financials of Fitday

Figures of Fitday Private Limited, the primary company behind Fitday, for FY 2024. Revenue was ₹1.80 Cr (-20% year on year). Net loss was -₹2.83 Cr (-157% margin). EBITDA was -₹1.56 Cr (-87% margin). Revenue has grown at a compounded annual rate of +61% over three years.

  • ₹1.80 CrRevenue · FY 2024 · -20% YoY
  • -₹2.83 CrNet loss · -157% margin
  • -₹1.56 CrEBITDA · -87% margin
  • ₹1.11 CrPaid-up capital
  • +61%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Fitday Private Limited are on its company page.

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Detailed financial statements for Fitday

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Timeline of Fitday

3 dated milestones of Fitday across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Fitday is founded.
  2. Funding First funding round of $310K.
  3. Milestone Reaches Minicorn status.

Competitors of Fitday

Fitday has 3 listed competitors in our database, 3 of them funded. They include Tata 1mg, Netmeds and Truemeds.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
1mg.com2015Delhi, India$230.8M4,419
Provider of an online pharmacy with doctor listing and teleconsultation services
netmeds.com2015Chennai, India$109M988
Provider of an online store for medicines and healthcare products
truemeds.in2019Mumbai, India$112.97M345
Provider of an online pharmacy and telehealth platform
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Detailed competitors of Fitday

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Web traffic of Fitday

The website of Fitday (fitday.in) receives about 11.5K visits a month.

  • Monthly visits
    11.5K

    ▼ 44.7% vs previous month

Top companies in Digital Health & Telemedicine

3 companies that operate in the same segment as Fitday (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of an online pharmacy with doctor listing and teleconsultation services
2015Delhi, Delhi, IndiaUSD 199.65 MUSD 328.97 M5,212
Online platform offering multiple healthcare services
2013Bengaluru, Karnataka, IndiaUSD 199.22 MUSD 62.4 M52
An online marketplace for healthcare products is operated.
2011Kolkata, West Bengal, IndiaUSD 38.26 M
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Related news about Fitday

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Frequently Asked Questions about Fitday

Fitday was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Fitday is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Fitday is a funded company, having raised a total of $309.99K across 1 funding round to date. The company's 1st funding round was a Seed of $309.99K, raised on Aug 2024.

Fitday has 1 employees.

The primary company behind Fitday, Fitday Private Limited, reported revenue of β‚Ή1.80 Cr for FY 2024, down 20% year on year.

Fitday was founded in 2018 by Suresh Raju and is headquartered in Hyderabad, India. Operations are centered on an e-pharmacy model that distributes traditional medicines through its domain, fitday.in. Services include online ordering and delivery of herbal and Ayurvedic products within the healthcare sector. The platform caters to customers seeking alternative remedies, with a focus on accessibility in the Indian market. Expansion details remain limited based on available records.

Fitday's top competitors include Tata 1mg, Truemeds and Netmeds.

Fitday has 1 investor. Key investors include Gmb Entertainment.

The valuation of Fitday is $6.28M as of Aug 2024.

Fitday operates through Fitday Private Limited.

The legal entities of Fitday currently have 2 directors, including Suresh Raju Patapati, Lakshmi Dandu.

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