Fitso

Gurugram, India Founded: 2015 • Age: 11 yrs Minicorn Acquired By Cult.fit
Provider of an online booking platform for multiple sports

About Fitso

Fitso is a Media & Entertainment company based in Gurugram (India) founded in 2015, and was acquired by Cult.fit in November 2021. Provider of an online booking platform for multiple sports. Fitso has raised $3.75 million across 6 funding rounds from investors including Zomato, Cult.fit and Vistra ITCL. The company has 345 employees. Fitso was last valued at $7.74 million in December 2020. Its Indian entity Jogo Technologies Private Limited reported revenue of β‚Ή55.66 Cr. Its focus areas include Consumer, Sports Tech, Booking Platforms and Horizontal. Its competitors include Hudle, Playo and Khelomore; 3 of its 3 listed competitors have raised funding.

Company details

Fitso was founded in 2015 in Gurugram, India, within the fitness and sports sector. An online marketplace is operated, enabling connections between users and coaches for activities such as yoga, swimming, and various sports. Services include bookings for trainers, dieticians, masseurs, and training partners. The platform facilitates access to professionals across fitness domains for customers seeking expertise.

Key Metrics
  • Annual Revenue
    ₹55.66 Cr

    FY 2025 · +12% YoY

  • Net Loss
    -₹32.86 Cr

    FY 2025 · -59% margin

  • EBITDA
    ₹6.18 Cr

    FY 2025 · 11% margin

  • Total Equity Funding
    $3.75M (USD)

    in 6 rounds

  • Latest Funding Round
    $1.1M (USD), Seed

    Dec 2020

  • Investors
    Zomato

    & 79 more

  • Employee Count
    345
  • Acquired by
    Cult.fit

    & 1 more

    (Nov 2021)

Funding Insights of Fitso

Fitso has successfully raised a total of $3.75M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in December 2020. 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 $3.75M
  • Total Rounds 6
  • Last Round Seed β€” $1.1M
  • First Round $201,903

    (Jan 2016)

  • Investors Count 78

All 6 funding rounds of Fitso with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2020$1.1MSeed$7.74MSRI Capital
Oct 2020$508,230Seed$8.44MAppyhigh, Himanshu Aggarwal
Feb 2019$1.53MSeed$β€’β€’β€’β€’β€’SRI Capital
Dec 2018$213,946Angel Round$β€’β€’β€’β€’β€’Sunil Chainani
Nov 2016$200,000Angel Round$β€’β€’β€’β€’β€’Sujeet Kumar
Jan 2016$201,903Seed$β€’β€’β€’β€’β€’Sonam Aggarwal
Valuation history
DateValuationStage
Dec 2020$7.74Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2020$8.44Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jan 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Fitso

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Last known valuation $7.74M (Dec 2020). 80 investors in total: 15 institutional and 65 angel.

Investors in Fitso

Fitso has secured backing from 80 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Zomato, Cult.fit and Vistra ITCL.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investing in enterprise tech, consumer, and health/bio sectors.
sricapital.com
Web application platform requiring JavaScript for services.
2018appyhigh.comGurugram, India
Investments are made in early-stage tech startups across sectors.
ipventures.inGurugram, India
Venture capital investments in China are managed by IPV Capital.
ipvcap.comShanghai, China
Early-stage venture capital investing in consumption and technology sectors in India.
2016sproutvp.comBengaluru, India
Sector agnostic startup incubator
jcurve.coChandigarh, India
Investment management and trustee services for financial instruments are provided.
1995vistraitcl.comMumbai, India
Trade services to the education industry are provided.
Mumbai, India
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Investor details for Fitso

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Board of directors of Jogo Technologies Private Limited (Fitso)

Jogo Technologies Private Limited is the primary company behind Fitso. The board of Jogo Technologies Private Limited currently have 2 directors; the longest-serving is Porko Elango, appointed in 2021. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Porko Elango
DIN 07284105
Director02 Dec 20214 yrs 10 moJogo Technologies Private Limited
Tshering Wangdi Yolmo
DIN 10227115
Whole-time director13 Jul 20233 yrs 3 moJogo Technologies Private Limited

Financials of Fitso

Figures of Jogo Technologies Private Limited, the primary company behind Fitso, for FY 2025. Revenue was ₹55.66 Cr (+12% year on year). Net loss was -₹32.86 Cr (-59% margin). EBITDA was ₹6.18 Cr (11% margin). Revenue has grown at a compounded annual rate of +77% over three years and +33% over five years.

  • ₹55.66 CrRevenue · FY 2025 · +12% YoY
  • -₹32.86 CrNet loss · -59% margin
  • ₹6.18 CrEBITDA · 11% margin
  • ₹6.6 LakhPaid-up capital
  • 345Employees (provident fund records)
  • +77%Revenue CAGR, 3 years
  • +33%Revenue CAGR, 5 years

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

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Detailed financial statements for Fitso

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Timeline of Fitso

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

  1. Founded Fitso is founded.
  2. Funding First funding round of $202K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.1M.
  5. Exit Acquired by Zomato.
  6. Exit Acquired by Cult.fit.

Competitors of Fitso

Fitso has 3 listed competitors in our database, 3 of them funded. They include Hudle, Playo and Khelomore.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hudle.in2015Delhi, India$5.21M361
Platform connecting sports enthusiasts with venues and communities is operated.
playo.co2014Bengaluru, India$2.62M48
Sports venues and players are booked via an app-based platform.
khelomore.com2016Mumbai, India$5.09M22
Online platform for booking sports venues, coaching, and events
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Detailed competitors of Fitso

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Web traffic of Fitso

The website of Fitso (getfitso.com) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

Top companies in Sports Technology Platforms

3 companies that operate in the same segment as Fitso (Sports Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 942.17 MUSD 509.95 K1,310
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 98.07 MUSD 264.51 M777
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Related news about Fitso

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Complete news archive for Fitso

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Frequently Asked Questions about Fitso

Fitso was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Fitso is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Fitso is a funded company, having raised a total of $3.75M across 6 funding rounds to date. The company's 1st funding round was a Seed of $201.9K, raised on Jan 2016.

Fitso has 345 employees.

The primary company behind Fitso, Jogo Technologies Private Limited, reported revenue of β‚Ή55.66 Cr for FY 2025, up 12% year on year.

Fitso was founded in 2015 in Gurugram, India, within the fitness and sports sector. An online marketplace is operated, enabling connections between users and coaches for activities such as yoga, swimming, and various sports. Services include bookings for trainers, dieticians, masseurs, and training partners. The platform facilitates access to professionals across fitness domains for customers seeking expertise.

Fitso's top competitors include Hudle, Khelomore and Playo.

Fitso has 80 investors. Key investors include Zomato, Cult.fit, Vistra ITCL, Appyhigh, and Click Labs.

The valuation of Fitso is $7.74M as of Dec 2020.

Fitso operates through Jogo Technologies Private Limited.

Yes. Fitso was acquired by Cult.fit in November 2021.

The legal entities of Fitso currently have 2 directors, including Tshering Wangdi Yolmo, Porko Elango.

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