About Fitterfly
Fitterfly is a company based in Mumbai (India) founded in 2016 by Shailesh Gupta and Arbinder Singal was acquired by PB Healthcare in November 2025.. Fitterfly has raised $29.9 million across 5 funding rounds from investors including Amazon, Venture Catalysts and Z Nation Lab. The company has 223 employees as of April 09, 2024. Fitterfly offers products and services including Fitterfly Diabetes Prime, Fitterfly Weight Loss, and Fitterfly FitHeart. Fitterfly operates in a competitive market with competitors including FiNC, Form Health, Keleya, Glytec Systems and DreaMed, among others.
- Headquarter Mumbai, India
- Employees 223 as on 09 Apr, 2024
- Founders Shailesh Gupta, Arbinder Singal
- 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
*********
- Legal Name Fitterfly Healthtech Pvt. Ltd.
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$620.27 K (USD)87.68as on Mar 31, 2023
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Net Profit
$-4.67 M (USD)-152.89as on Mar 31, 2023
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EBITDA
$-4.63 M (USD)-747.53as on Mar 31, 2023
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Total Equity Funding
$29.9 M (USD)
in 5 rounds
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Latest Funding Round
$12 M (USD), Series A
Jul 12, 2022
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Investors
Amazon
& 24 more
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Employee Count
223
as on Apr 09, 2024
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Acquired by
PB Healthcare
(Nov 06, 2025)
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Products & Services of Fitterfly
Fitterfly offers a comprehensive portfolio of products and services, including Fitterfly Diabetes Prime, Fitterfly Weight Loss, and Fitterfly FitHeart. 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.
Program for managing and reversing Type 2 diabetes through personalized plans.
Tailored programs for effective and sustainable weight reduction.
Initiative for improving heart health via fitness and nutrition guidance.
Funding Insights of Fitterfly
Fitterfly has successfully raised a total of $29.9M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in July 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 5
- Last Round Series A — $12.0M
- First Round First Round
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Fitterfly | Valuation | Fireside Ventures , ASVF | |
| Jul, 2022 | Amount | Series A - Fitterfly | Valuation | Fireside Ventures , ASVF | |
| Mar, 2021 | Amount | Seed - Fitterfly | Valuation | Fireside Ventures , Ashish Patil |
| 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 Fitterfly
Fitterfly has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Amazon, Venture Catalysts and Z Nation Lab. 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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Early-stage consumer brand companies are invested in by Fireside Ventures.
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Founded Year | Domain | Location | |
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Amazon focused on agritech and healthtech 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 Fitterfly
| 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 - Fitterfly
| 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 |
Fitterfly Comparisons
Competitors of Fitterfly
Fitterfly 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 FiNC, Form Health, Keleya, Glytec Systems and DreaMed, 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 |
Online weight-loss programs are delivered via smartphone apps.
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| domain | founded_year | HQ Location |
Provider of expert-led personalized nutrition training for weight loss
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| domain | founded_year | HQ Location |
App offering exercise and yoga plans for pregnant women
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| domain | founded_year | HQ Location |
Offers cloud-based SaaS for diabetes management and insulin dosing in hospitals.
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| domain | founded_year | HQ Location |
Clinical decisions for diabetes management are supported by AI-based system.
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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 Fitterfly
Frequently Asked Questions about Fitterfly
When was Fitterfly founded?
Fitterfly was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Fitterfly located?
Fitterfly is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Fitterfly?
Arbinder Singal is the current CEO of Fitterfly. They have also founded this company.
Is Fitterfly a funded company?
Fitterfly is a funded company, having raised a total of $29.9M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.1M, raised on Jun 01, 2019.
How many employees does Fitterfly have?
As of Apr 09, 2024, the latest employee count at Fitterfly is 223.
What is the annual revenue of Fitterfly?
Annual revenue of Fitterfly is $620.27K as on Mar 31, 2023.
What does Fitterfly do?
Fitterfly provides a mobile app for multiple disease management. The company offers a digital therapeutic app for the management of diseases like diabetes, PCOS, clinical obesity, child nutrition, general wellness, pregnancy and lactation. It allows users to measure and monitor their blood sugar levels, and it then delivers individualised diet, exercise, sleep, and stress suggestions based on the data. Users can also speak with a nutritionist and receive customised meal recommendations based on their glycemic reaction. Healthcare providers can also use the platform to give their patients medical advice. It also offers employees individualised health plans based on their blood sugar levels. Fitterfly currently operates out of Navi Mumbai, Surat and Gurgaon offices.
Who are the top competitors of Fitterfly?
Fitterfly's top competitors include Form Health, FiNC and DreaMed.
What products or services does Fitterfly offer?
Fitterfly offers Fitterfly Diabetes Prime, Fitterfly Weight Loss, and Fitterfly FitHeart.
Who are Fitterfly's investors?
Fitterfly has 25 investors. Key investors include Amazon, Venture Catalysts, Z Nation Lab, 100Unicorns, and PB Healthcare.
What is Fitterfly's valuation?
The valuation of Fitterfly is $41.69M as of Jul 2022.
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