About FitWay
FitWay is a company based in Mumbai (India) founded in 2016 by Aditya Goel. FitWay has raised $83.94 thousand across 1 funding round from investors including Satish Nabhiraj Korlahalli. FitWay operates in a competitive market with competitors including DietBet, Zombies Run, The Conqueror, The Walk Game and RocketJourney, among others.
- Headquarter Mumbai, India
- Founders Aditya Goel
- SectorsHealthcare
- Phone•••• ••••
- Website thefitway.io
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Fitphilia Solutions Private Limited
- Date of Incorporation 25 Jan, 2016
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹1.59 Cr
FY 2025 · -14% YoY
- Net Loss-₹7.4 Lakh
FY 2025 · -5% margin
- EBITDA-₹3.2 Lakh
FY 2025 · -2% margin
- Total Equity Funding$83.94K (USD)
in 1 rounds
- Latest Funding Round$83.94K (USD), Angel Round
Mar 2017
Associated legal entities of FitWay
FitWay operates through Fitphilia Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fitphilia Solutions Private Limited CIN U74900KA2016PTC085553 | Active | 25 Jan 2016 | Bengaluru, Karnataka | ₹1.6 Cr | – | 2 | View details |
Apps and channels of FitWay
its YouTube channel FitWay has 33 subscribers and 16 videos.
Videos from FitWay
The most watched videos on FitWay's YouTube channel, FitWay (33 subscribers). Click a video to play it here.
More on FitWay.
Funding Insights of FitWay
FitWay has successfully raised a total of $83.94K through 1 strategic funding round. The most recent funding activity was a Angel Round of $83.94 thousand completed in March 2017. 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 $83,937
- Total Rounds 1
- Last Round Angel Round — $83,937
- First Round $83,937
(Mar 2017)
- Investors Count 1
All 1 funding rounds of FitWay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2017 | $83,937 | Angel Round | $420,714 | Satish Nabhiraj Korlahalli | – |
Last known valuation $420,714 (Mar 2017). 1 investors in total: 0 institutional and 1 angel.
Investors in FitWay
FitWay has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Satish Nabhiraj Korlahalli.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SN Satish Nabhiraj Korlahalli | - | – | unknown_2df328c6fb7441ad8 | - |
Investor details for FitWay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fitphilia Solutions Private Limited (FitWay)
Fitphilia Solutions Private Limited is the primary company behind FitWay. The board of Fitphilia Solutions Private Limited currently have 2 directors; the longest-serving is Nirav Prakash Patil, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nirav Prakash Patil DIN 07396844 | Whole-time director | 25 Jan 2016 | 10 yrs 8 mo | Fitphilia Solutions Private Limited |
| Satish Nabhiraj Korlahalli DIN 07696084 | Director | 02 May 2017 | 9 yrs 5 mo | Fitphilia Solutions Private Limited |
People of FitWay
1 people are tracked at FitWay (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for FitWay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FitWay
Figures of Fitphilia Solutions Private Limited, the primary company behind FitWay, for FY 2025. Revenue was ₹1.59 Cr (-14% year on year). Net loss was -₹7.4 Lakh (-5% margin). EBITDA was -₹3.2 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +83% over three years and +21% over five years.
- ₹1.59 CrRevenue · FY 2025 · -14% YoY
- -₹7.4 LakhNet loss · -5% margin
- -₹3.2 LakhEBITDA · -2% margin
- ₹1.3 LakhPaid-up capital
- +83%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fitphilia Solutions Private Limited are on its company page.
Detailed financial statements for FitWay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of FitWay
2 dated milestones of FitWay across 1 years, from founding to its latest funding, stage changes and deals.
- Founded FitWay is founded.
- Funding First funding round of $84K.
Competitors of FitWay
FitWay 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 DietBet, Zombies Run, The Conqueror, The Walk Game and RocketJourney, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dietbet.com | 2011 | New York, United States | $1.88M | 19 | Weight loss goals are gamified via betting and shared pots. | |
| zombiesrungame.com | 2012 | London, United Kingdom | – | 15 | Fitness app combining running, music, and interactive stories to motivate exercise. | |
| theconqueror.events | 2013 | New Zealand | – | – | Virtual platform for app-based fitness challenges and themed adventures. | |
| thewalkgame.com | 2007 | Redditch, United Kingdom | – | – | Interactive app that turns real-life walking into a thrilling adventure story. | |
| rocketjourney.com | 2015 | Mexico | – | – | Workplace wellness programs and engagement tools are provided for employees. | |
| playfitt.ca | 2019 | Canada | $1.94M | – | Workouts and fitness goals are tracked via a mobile application. | |
| toplogger.nu | 2016 | Nijmegen, Netherlands | – | – | Serves as a mobile app for gyms and indoor climbing activities. |
Detailed competitors of FitWay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of FitWay
The website of FitWay (thefitway.io) receives about 18K visits a month.
- Monthly visits18K
▲ 197.1% vs previous month
Similar companies to FitWay
10 companies that operate in the same segment as FitWay (Fitness & Wellness Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 524.53 M | – | 1,046 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | – | – | |
Provider of SaaS-driven business management software for beauty salons and fitness centers | 2001 | San Luis Obispo, California, United States | USD 118.01 M | – | – | |
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 | – | |
Subscription-based marketplace for sports and fitness venues is offered. | 2012 | Berlin, Berlin, Germany | USD 198.07 M | – | – |
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Frequently Asked Questions about FitWay
FitWay was founded in 2016 and raised its 1st funding round 1 year after it was founded.
FitWay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
FitWay is a funded company, having raised a total of $83.94K across 1 funding round to date. The company's 1st funding round was a Angel Round of $83.94K, raised on Mar 2017.
The primary company behind FitWay, Fitphilia Solutions Private Limited, reported revenue of ₹1.59 Cr for FY 2025, down 14% year on year.
FITWAY is a provider of an online platform for personalized training for fitness enthusiasts. It provides FitWay ecosystem that helps users to track workouts, monitors outdoor activities, measure body composition and helps every member progress in their fitness journey. It connects to fitness equipment and wearables to give a detailed report of their fitness health performance. It offers gamify workout experiences by competing with friends and family members. The platform provides reward for every calorie that they burn and redeem them to purchase products at FitWay store. It offers mobile apps for both customer trainer. Other offerings such as CRM, wearables, group classes, access control, smart scale, smart mirror, and many more. Features include track workouts, analyze body metrics, gamification session, and others.
FitWay's top competitors include DietBet, PlayFitt and RocketJourney.
FitWay has 1 investor. Key investors include Satish Nabhiraj Korlahalli.
The valuation of FitWay is $420.71K as of Mar 2017.
FitWay operates through Fitphilia Solutions Private Limited.
The legal entities of FitWay currently have 2 directors, including Satish Nabhiraj Korlahalli, Nirav Prakash Patil.