About Fitso
Fitso is a company based in Gurugram (India) founded in 2015 was acquired by Cult.fit in November 2021.. Fitso has raised $3.75 million across 6 funding rounds from investors including Zomato, Cult.fit and Vistra ITCL. The company has 345 employees as of April 05, 2024. Fitso operates in a competitive market with competitors including Hudle, Playo, Khelomore, Push Sports and Spolto, among others.
- Headquarter Gurugram, India
- Employees 345 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Media & Entertainment
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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 Jogo Technologies Private Limited
- Date of Incorporation 07 Aug, 2015
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$3.46 M (USD)188.71as on Mar 31, 2023
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Net Profit
$-5.16 M (USD)43.07as on Mar 31, 2023
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EBITDA
$-3.17 M (USD)58.96as on Mar 31, 2023
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Total Equity Funding
$3.75 M (USD)
in 6 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Dec 13, 2020
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Investors
Zomato
& 79 more
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Employee Count
345
as on Apr 05, 2024
- Acquired by
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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 Total Funding
- Total Rounds 6
- Last Round Seed — $1.1M
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First Round
First Round
(14 Jan 2016)
- Investors Count 78
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - Fitso | Valuation | SRI Capital | |
| Oct, 2020 | Amount | Seed - Fitso | Valuation | Appyhigh , Himanshu Aggarwal | |
| Feb, 2019 | Amount | Seed - Fitso | Valuation | SRI 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 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. 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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Investing in enterprise tech, consumer, and health/bio sectors.
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Founded Year | Domain | Location | |
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Web application platform requiring JavaScript for services.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across sectors.
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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 Fitso
| 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 - Fitso
| 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 |
Fitso Comparisons
Competitors of Fitso
Fitso 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 Hudle, Playo, Khelomore, Push Sports and Spolto, 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 |
Platform connecting sports enthusiasts with venues and communities is operated.
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| domain | founded_year | HQ Location |
Sports venues and players are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online platform for booking sports venues, coaching, and events
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| domain | founded_year | HQ Location |
A platform for booking sports grounds and classes is provided.
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| domain | founded_year | HQ Location |
Online sports network offered for coaches and academies.
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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 Fitso
Frequently Asked Questions about Fitso
When was Fitso founded?
Fitso was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Fitso located?
Fitso is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Fitso a funded company?
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 $1.53M, raised on Jan 14, 2016.
How many employees does Fitso have?
As of Apr 05, 2024, the latest employee count at Fitso is 345.
What is the annual revenue of Fitso?
Annual revenue of Fitso is $3.46M as on Mar 31, 2023.
What does Fitso do?
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.
Who are Fitso's investors?
Fitso has 80 investors. Key investors include Zomato, Cult.fit, Vistra ITCL, Appyhigh, and Click Labs.
What is Fitso's valuation?
The valuation of Fitso is $7.74M as of Dec 2020.
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