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 as of March 31, 2023. 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 as on 31 Mar, 2023
- Founders Rhea Nihal Singh Anand, Raunaq Singh Anand
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Sectors
HealthcareIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Melrose Brands Private Limited
- Date of Incorporation 02 Apr, 2012
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$3.35 M (USD)37.9as on Mar 31, 2023
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Net Profit
$-682.04 K (USD)-301.51as on Mar 31, 2023
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EBITDA
$-407.58 K (USD)-556.99as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1
as on Mar 31, 2023
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Products & Services of Flexnest
Flexnest offers a comprehensive portfolio of products and services, including Flexpad, Flexbike, Flexibell, and Flexrower. 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.
Smart foldable treadmill for home cardio exercises
Bluetooth-enabled bike for virtual cardio workouts
Adjustable dumbbells for strength training at home
Indoor rower for full-body cardio fitness
Funding Insights of Flexnest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Flexnest
| 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 - Flexnest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Flexnest Comparisons
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. 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 |
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Smart fitness equipment and streaming platforms are provided.
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| domain | founded_year | HQ Location |
Jira-integrated software for resource management and time tracking is developed.
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| domain | founded_year | HQ Location |
AI-based full-body motion analysis and strength training system is offered.
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| domain | founded_year | HQ Location |
Smart resistance training equipment and app are provided by Vitruvian.
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| domain | founded_year | HQ Location |
Online fitness classes are offered via membership access.
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| domain | founded_year | HQ Location |
Smart home gym equipment is provided for fitness training.
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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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Latest news on Flexnest
Frequently Asked Questions about Flexnest
When was Flexnest founded?
Flexnest was founded in 2020.
Where is Flexnest located?
Flexnest is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
How many employees does Flexnest have?
As of Mar 31, 2023, the latest employee count at Flexnest is 1.
What is the annual revenue of Flexnest?
Annual revenue of Flexnest is $3.35M as on Mar 31, 2023.
What does Flexnest do?
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.
Who are the top competitors of Flexnest?
What products or services does Flexnest offer?
Flexnest offers Flexpad, Flexbike, Flexibell, and Flexrower.