Flexnest

Gurugram, India Founded: 2020 • Age: 6 yrs
Sells smart fitness equipment online with app-based workout classes.

About Flexnest

Flexnest is a company based in Gurugram (India) founded in 2020 by Rhea Nihal Singh Anand and Raunaq Singh Anand. It operates as a D2C and B2C. The company has 1 employees. Flexnest offers products and services including Flexpad, Flexbike, Flexibell, and Flexrower. Flexnest operates in a competitive market with competitors including Peloton, Tempo, Tonal, Vitruvian and Lululemon Studio, among others.

  • Headquarter Gurugram, India
  • Employees 1
  • Founders Rhea Nihal Singh Anand, Raunaq Singh Anand
  • Sectors
    Healthcare
    Industrial Goods & Manufacturing
  • Website category Health · Nutrition Diets and Fitness
  • Email
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  • Phone
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  • Website theflexnest.com
  • Social X Facebook Instagram
  • Legal Name Melrose Brands Private Limited
  • Date of Incorporation 02 Apr, 2012
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹22.22 Cr

    FY 2024 · -20% YoY

  • Net Loss
    -₹1.92 Cr

    FY 2024 · -9% margin

  • EBITDA
    -₹0.23 Cr

    FY 2024 · -1% margin

  • Employee Count
    1

Products & Services of Flexnest

Flexnest offers a comprehensive portfolio of products and services, including Flexpad, Flexbike, Flexibell, and Flexrower.

Flexpad
Treadmill

Smart foldable treadmill for home cardio exercises

Flexbike
Exercise Bike

Bluetooth-enabled bike for virtual cardio workouts

Flexibell
Dumbbells

Adjustable dumbbells for strength training at home

Flexrower
Rowing Machine

Indoor rower for full-body cardio fitness

Apps and channels of Flexnest

Flexnest publishes 2 mobile apps with over 10K+ downloads.

Flexnest
Google Play Health & Fitness Everyone Free
Developer: Flexnest
View on Google Play
Flexnest
App Store Health & Fitness 4+
Developer: Flexnest
View on App Store

Board of directors of Melrose Brands Private Limited (Flexnest)

Melrose Brands Private Limited is the primary company behind Flexnest. The boards of the 2 registered companies of Flexnest currently have 5 directors; the longest-serving is Gurmeet Singh Anand, appointed in 1998. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gurmeet Singh Anand
DIN 00208125
Director01 Dec 199827 yrs 10 moAnand Motor Products Private Ltd., Melrose Brands Private Limited
Inder Jit Kaur Anand
DIN 00236639
Director03 Nov 200817 yrs 11 moAnand Motor Products Private Ltd.
Raunaq Singh Anand
DIN 05178388
Director01 Apr 20197 yrs 6 moAnand Motor Products Private Ltd., Melrose Brands Private Limited
Rhea Singh Anand
DIN 09003041
Director24 Dec 20205 yrs 9 moMelrose Brands Private Limited
Baani Anand
DIN 07228021
Director20 Sep 20233 yrsAnand Motor Products Private Ltd.

People of Flexnest

2 people are tracked at Flexnest (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of Flexnest

Figures of Melrose Brands Private Limited, the primary company behind Flexnest, for FY 2024. Revenue was ₹22.22 Cr (-20% year on year). Net loss was -₹1.92 Cr (-9% margin). EBITDA was -₹0.23 Cr (-1% margin). Revenue has grown at a compounded annual rate of +236% over three years.

  • ₹22.22 CrRevenue · FY 2024 · -20% YoY
  • -₹1.92 CrNet loss · -9% margin
  • -₹0.23 CrEBITDA · -1% margin
  • ₹0.01 CrPaid-up capital
  • +236%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Melrose Brands Private Limited are on its company page.

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Detailed financial statements for Flexnest

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Competitors of Flexnest

Flexnest 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 Peloton, Tempo, Tonal, Vitruvian and Lululemon Studio, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
onepeloton.com2011New York, United States$995.53M7,144
Smart fitness equipment and streaming platforms are provided.
tempo.io2015Reykjavik, Iceland–3
Jira-integrated software for resource management and time tracking is developed.
tonal.com2015San Francisco, United States$535M221
AI-based full-body motion analysis and strength training system is offered.
vitruvianform.com2018Perth, Australia$51.4M–
Smart resistance training equipment and app are provided by Vitruvian.
lululemonstudio.com2010New York, United States$80.8M–
Online fitness classes are offered via membership access.
speediance.com2020Shenzhen, China$1.58M–
Smart home gym equipment is provided for fitness training.
oxefit.com2019Plano, United States$39.38M–
AI-integrated smart workout systems are provided for customized fitness training.
aroleap.com2020Bengaluru, India$1.22M16
AI-based smart home gym equipment is provided for personalized workouts.
formelife.com2020Los Angeles, United States$108.51M–
Smart exercising equipment is provided for personalized home fitness training.
portl.co2021Hyderabad, India$4.2M3
Smart home gym devices with built-in personal trainers are provided.
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Detailed competitors of Flexnest

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Web traffic of Flexnest

The website of Flexnest (theflexnest.com) receives about 109.1K visits a month and ranks #326,249 among all websites worldwide, #977 in Nutrition Diets and Fitness.

  • Monthly visits
    109.1K

    ▲ 4.1% vs previous month

  • Unique visitors
    72.3K

    per month

  • Global rank
    #326,249

    among all websites

  • Category rank
    #977

    Health · Nutrition Diets and Fitness

Similar websites

Websites whose visitors overlap most with Flexnest. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cultstore.com
cultstore.com
100%
–#20,625–
energiefitness.in
energiefitness.in
84%
–#1,289,389–
ateonlineshop.com
ateonlineshop.com
81%
–––
aroleap.com
79%
56.2K#517,945View details
aerofit.co
78%
61.3K#613,250View details
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 24 similar websites and full traffic analytics for Flexnest

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  • 24 similar websites
  • Audience overlap
  • Engagement analytics
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Latest news on Flexnest

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Complete news archive for Flexnest

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  • Source and publication date
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Similar companies to Flexnest

10 companies that operate in the same segment as Flexnest (Health Monitoring & Wearables), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,660
Connected devices for health, sleep, and activity monitoring are developed.
2008Moulineaux, Seine-maritime, FranceUSD 93.83 M––
Internet first brand offering wearable breast pumps
2013London, England, United KingdomUSD 157.63 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Health-tracking smart rings and biosensors are developed for biometric monitoring.
2013Oulu, North Ostrobothnia, FinlandUSD 1.32 B––
Wearable glucose monitoring patches are provided for real-time data tracking.
1999San Diego, California, United StatesUSD 52.5 MUSD 4.66 B10,300
AI-based mobile app tracks and predicts menstrual cycles.
2015London, England, United KingdomUSD 269 M––
Smartphone-enabled glucometers and diabetes management apps are provided.
2015Delhi, Delhi, IndiaUSD 50.83 MUSD 2.74 M142
Provider of a fertility tracking app that doubles as birth control
2013Stockholm, SwedenUSD 99.5 M––
Diabetes management is enabled via glucose meters and mobile apps.
2010Palo Alto, California, United StatesUSD 201 M––
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Frequently Asked Questions about Flexnest

Flexnest was founded in 2020.

Flexnest is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Flexnest has 1 employees.

The primary company behind Flexnest, Melrose Brands Private Limited, reported revenue of β‚Ή22.22 Cr for FY 2024, down 20% year on year.

Flexnest, based in Gurugram, India, provides a range of smart home gym equipment including treadmills, exercise bikes, and strength tools. Customers can purchase online with free shipping and access fitness classes through their app. The company focuses on convenient at-home workouts, offering EMI options and quality assurance for everyday users seeking to maintain fitness routines.

Flexnest's top competitors include Peloton, Tonal and OxeFit.

Flexnest offers Flexpad, Flexbike, Flexibell, and Flexrower.

Flexnest is associated with 2 legal entities: Melrose Brands Private Limited, Anand Motor Products Private Ltd..

The legal entities of Flexnest currently have 5 directors, including Baani Anand, Gurmeet Singh Anand, Raunaq Singh Anand and others.

Yes. Flexnest publishes Flexnest and 1 more app, with over 10,000 downloads.

The website of Flexnest receives about 109 thousand visits a month and ranks #326,249 among all websites worldwide.

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