About Fitternity
Fitternity is a company based in Mumbai (India) founded in 2013 by Nidhi Motwani, Karan Haresh Motwani, and Anjana Haresh Motwani was acquired by Cult.fit in February 2021. Fitternity has raised $10.91 million across 7 funding rounds from investors including Cult.fit, Exfinity Venture Partners and Sixth Sense Ventures. The company has 2 employees as of March 31, 2023. Fitternity operates in a competitive market with competitors including Fitpass, Gympik, Aurozen, Sisters In Sweat and FitMeIn, among others.
- Headquarter Mumbai, India
- Employees 2 as on 31 Mar, 2023
- Founders Nidhi Motwani, Karan Haresh Motwani, Anjana Haresh Motwani
- Stage Minicorn
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Sectors
HealthcareBusiness Services
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Phone
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Website
Locked
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Social
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Annual Revenue
$674.73 K (USD)19as on Mar 31, 2023
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Net Profit
-$1.53 M (USD)39as on Mar 31, 2023
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EBITDA
-$1.38 M (USD)44as on Mar 31, 2023
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Total Equity Funding
$10.91 M (USD)
in 7 rounds
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Latest Funding Round
$489.74 K (USD), Series B
Jul 06, 2020
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Investors
Cult.fit
& 35 more
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Employee Count
2
as on Mar 31, 2023
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Acquired by
Cult.fit
(Feb 09, 2021)
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Funding Insights of Fitternity
Fitternity has successfully raised a total of $10.91M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $489.74 thousand completed in July 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.
Investors in Fitternity
Fitternity has secured backing from 36 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cult.fit, Exfinity Venture Partners and Sixth Sense Ventures.
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Venture capital fund investing in consumer-focused startups in India.
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Single family office of BL Taparia, chairman of Supreme Industries
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Avaana Capital is engaged in venture capital investments for deep tech startups.
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Investor details for Fitternity
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Investments & Acquisitions by Fitternity
Investment portfolio details for Fitternity
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Financial Statements - Fitternity
Detailed financials for Fitternity
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Fitternity Comparisons
Peer comparison for Fitternity
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Fitternity
Fitternity 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 Fitpass, Gympik, Aurozen, Sisters In Sweat and FitMeIn, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Subscription-based platform for multiple fitness classes is offered.
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App-based platform connecting personal health trainers & prospective clients
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Provides an online platform for listing and booking gyms and fitness centers.
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Women's fitness and wellness are supported through diverse sporting activities.
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Subscription-based access to partnering gyms and fitness centers is provided.
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Detailed competitors of Fitternity
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Latest news on Fitternity
Complete news archive for Fitternity
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Frequently Asked Questions about Fitternity
Fitternity was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Fitternity is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Fitternity is a funded company, having raised a total of $10.91M across 7 funding rounds to date.
As of Mar 31, 2023, the latest employee count at Fitternity is 2.
Annual revenue of Fitternity is $674.73K as on Mar 31, 2023.
Fitternity is an online portal that offers a search engine for gyms, trainers and workout spaces in a location. Users can also browse through various fitness and health related articles on the platform. The platform also serves as a community for users to have discussions related to health and wellness. Users can join community forums related to various activities in their location. The portal also offers information about upcoming health related events at various locations. The platform also offers a retail store for various health related products such as fitness diet products, equipment, daily use health devices etc. Raised pre-series A from Exfinity Venture Partners and SAHA fund.
Fitternity has 36 investors. Key investors include Cult.fit, Exfinity Venture Partners, Sixth Sense Ventures, Aarin Capital, and Saha Fund.
The valuation of Fitternity is $16.92M as of Jul 2020.