About Fitelo
Fitelo is a company based in Sahibzada Ajit Singh Nagar (India) founded in 2016 by Sahil Bansal and Mac Singh.. Fitelo has raised $1.7 million across 2 funding rounds from investors including Vineeta Singh, Namita Thapar and Guild Capital. The company has 1,096 employees as of March 18, 2025. Fitelo offers products and services including Fitelo App, Personalized Coaching, and BMI Calculator. Fitelo operates in a competitive market with competitors including Elevate Now, Revofit, Livofy, Health Builder and Nourishwel, among others.
- Headquarter Sahibzada Ajit Singh Nagar, India
- Employees 1096 as on 18 Mar, 2025
- Founders Sahil Bansal, Mac Singh
- 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 Noguilt Fitness And Nutrition India Private Limited
- Date of Incorporation 31 May, 2016
- Jurisdiction Chandigarh, Chandigarh, India
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Annual Revenue
$11.13 M (USD)199.55as on Mar 31, 2024
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Net Profit
$-1.05 M (USD)-211.39as on Mar 31, 2024
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EBITDA
$-1.07 M (USD)-175.19as on Mar 31, 2024
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Total Equity Funding
$1.7 M (USD)
in 2 rounds
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Latest Funding Round
$172.16 K (USD), Angel Round
Mar 06, 2025
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Investors
Guild Capital
& 6 more
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Employee Count
1096
as on Mar 18, 2025
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Products & Services of Fitelo
Fitelo offers a comprehensive portfolio of products and services, including Fitelo App, Personalized Coaching, and BMI Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for personalized weight loss plans and health tracking
Expert-guided programs for disease management and fitness
Tool to assess body metrics for fitness goals
Unlock access to complete
Funding Insights of Fitelo
Fitelo has successfully raised a total of $1.7M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $172.16 thousand completed in March 2025. 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $172,155
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First Round
First Round
(25 Feb 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Angel Round - Fitelo | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - Fitelo | Valuation | Guild Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fitelo
Fitelo has secured backing from 7 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Vineeta Singh, Namita Thapar and Guild Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Incubator and tech focused early & growth stage VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Financial services are provided by Pareto Capital for businesses.
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Founded Year | Domain | Location | |
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VS
Vineeta Singh |
Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fitelo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fitelo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fitelo Comparisons
Competitors of Fitelo
Fitelo 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 Elevate Now, Revofit, Livofy, Health Builder and Nourishwel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Doctor-led online weight loss programs are offered with medical supervision.
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| domain | founded_year | HQ Location |
Delivers online fitness training solutions for diet and nutritional health management.
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| domain | founded_year | HQ Location |
Nutritionist consultations and personalized diet plans are offered online.
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| domain | founded_year | HQ Location |
An online platform offering professional nutritionist consultations for health improvement.
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| domain | founded_year | HQ Location |
An online platform offering professional dietician consultations for personalized nutrition advice.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fitelo
Frequently Asked Questions about Fitelo
When was Fitelo founded?
Fitelo was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is Fitelo located?
Fitelo is headquartered in Sahibzada Ajit Singh Nagar, India. It is registered at Sahibzada Ajit Singh Nagar, Punjab, India.
Who is the current CEO of Fitelo?
Sahil Bansal is the current CEO of Fitelo. They have also founded this company.
Is Fitelo a funded company?
Fitelo is a funded company, having raised a total of $1.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.53M, raised on Feb 25, 2022.
How many employees does Fitelo have?
As of Mar 18, 2025, the latest employee count at Fitelo is 1,096.
What is the annual revenue of Fitelo?
Annual revenue of Fitelo is $11.13M as on Mar 31, 2024.
What does Fitelo do?
Fitelo was founded in 2016 and is based in Sahibzada Ajit Singh Nagar, India, within the health and wellness sector. Operations center on a mobile application available for Android and iOS devices, where diet plans are provided for weight loss, metabolism enhancement, immunity support, and lifestyle management. Expert consultations are offered, alongside body composition tracking features for users.
Who are the top competitors of Fitelo?
Fitelo's top competitors include Elevate Now, Revofit and Livofy.
What products or services does Fitelo offer?
Fitelo offers Fitelo App, Personalized Coaching, and BMI Calculator.
Who are Fitelo's investors?
Fitelo has 7 investors. Key investors include Vineeta Singh, Namita Thapar, Guild Capital, Pareto Capital, and Kritika Sharma.
What is Fitelo's valuation?
The valuation of Fitelo is $7.66M as of Feb 2022.
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