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
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Fitphilia Solutions Private Limited
- Date of Incorporation 25 Jan, 2016
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$167.12 K (USD)433.07as on Mar 31, 2023
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Net Profit
$-107.85 K (USD)-47.77as on Mar 31, 2023
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EBITDA
$-125.94 K (USD)-86.83as on Mar 31, 2023
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Total Equity Funding
$83.94 K (USD)
in 1 rounds
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Latest Funding Round
$83.94 K (USD), Angel Round
Mar 20, 2017
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Investors
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Employee Count
Employee Count
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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 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $83,937
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First Round
First Round
(20 Mar 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Angel Round - FitWay | Valuation | Satish Nabhiraj Korlahalli |
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| 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 FitWay
FitWay has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Satish Nabhiraj Korlahalli. 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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SN
Satish Nabhiraj Korlahalli |
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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 FitWay
| 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 - FitWay
| 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 |
Fitway Comparisons
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. 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 |
Weight loss goals are gamified via betting and shared pots.
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| domain | founded_year | HQ Location |
Fitness app combining running, music, and interactive stories to motivate exercise.
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| domain | founded_year | HQ Location |
Virtual platform for app-based fitness challenges and themed adventures.
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| domain | founded_year | HQ Location |
Interactive app that turns real-life walking into a thrilling adventure story.
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| domain | founded_year | HQ Location |
Workplace wellness programs and engagement tools are provided for employees.
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| domain | founded_year | HQ Location |
Workouts and fitness goals are tracked via a mobile application.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about FitWay
When was FitWay founded?
FitWay was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is FitWay located?
FitWay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is FitWay a funded company?
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 20, 2017.
What is the annual revenue of FitWay?
Annual revenue of FitWay is $167.12K as on Mar 31, 2023.
What does FitWay do?
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.
Who are the top competitors of FitWay?
FitWay's top competitors include DietBet, PlayFitt and RocketJourney.
Who are FitWay's investors?
FitWay has 1 investor. Key investors include Satish Nabhiraj Korlahalli.
What is FitWay's valuation?
The valuation of FitWay is $420.71K as of Mar 2017.