About Fitmint
Fitmint is a company based in Mumbai (India) founded in 2022 by Rohit Sharma.. Fitmint has raised $1.6 million across 1 funding round from investors including General Catalyst, iSeed and DWeb3 Capital. Fitmint offers products and services including Fitmint App, Challenges Feature, Mystery Boxes, and Leaderboard. Fitmint operates in a competitive market with competitors including MapMyFitness, Sonde Health, PUML, Endomondo and Azumio, among others.
- Headquarter Mumbai, India
- Founders Rohit Sharma
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Jun 29, 2022
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Investors
General Catalyst
& 4 more
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Employee Count
Employee Count
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Products & Services of Fitmint
Fitmint offers a comprehensive portfolio of products and services, including Fitmint App, Challenges Feature, Mystery Boxes, and Leaderboard. 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 tracking daily steps and earning rewards via gamification.
Tool to set and complete fitness challenges for motivation.
In-app rewards containing coins for goal achievement.
Feature for competing and viewing user progress rankings.
Funding Insights of Fitmint
Fitmint has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in June 2022. 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 1
- Last Round Seed — $1.6M
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First Round
First Round
(29 Jun 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Fitmint | Valuation | General Catalyst |
| 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 Fitmint
Fitmint has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include General Catalyst, iSeed and DWeb3 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Micro venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage technology founders are supported with investment and guidance.
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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 Fitmint
| 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 - Fitmint
| 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 |
Fitmint Comparisons
Competitors of Fitmint
Fitmint 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, PUML, Endomondo and Azumio, 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 |
Personalized fitness training is delivered via a mobile application.
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| domain | founded_year | HQ Location |
Voice-based platform is utilized for assessing health conditions via biomarkers.
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| domain | founded_year | HQ Location |
Blockchain rewards for health, fitness, and digital records are offered.
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| domain | founded_year | HQ Location |
Mobile application for tracking physical fitness activities is provided.
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| domain | founded_year | HQ Location |
Developer of mobile applications for healthcare
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Fitmint
Frequently Asked Questions about Fitmint
When was Fitmint founded?
Fitmint was founded in 2022.
Where is Fitmint located?
Fitmint is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Fitmint?
Rohit Sharma is the current CEO of Fitmint. They have also founded this company.
Is Fitmint a funded company?
Fitmint is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Jun 29, 2022.
What does Fitmint do?
Fitmint was founded in 2022 in Mumbai, India, as a mobile application in the fitness and blockchain sector. Activities such as walking, running, and workouts are monitored by users, who receive rewards in cryptocurrency and NFTs. Workouts can be shared with global fitness contacts, and challenges are issued among participants. The platform operates via its domain fitmint.io, led by co-founder and CEO Rohit Sharma.
Who are the top competitors of Fitmint?
Fitmint's top competitors include MapMyFitness, Sonde Health and Endomondo.
What products or services does Fitmint offer?
Fitmint offers Fitmint App, Challenges Feature, Mystery Boxes, and Leaderboard.
Who are Fitmint's investors?
Fitmint has 5 investors. Key investors include General Catalyst, iSeed, DWeb3 Capital, Kearny Jackson, and 1947 Rise.
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