About gini
gini is a Healthcare company based in Toronto (Canada) founded in 2017 by Reetmohinder Singh, Miguel Vesco, and Gurjot Narwal, and was acquired by Finvasia in October 2021. Genetic-based health and fitness guidance is delivered via digital assistant. gini has raised $20 thousand across 2 funding rounds from investors including Finvasia, Techstars and Rangle. The company has 33 employees. Its Indian entity Gini Health India Private Limited reported revenue of ₹4.81 Cr. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Fitness and Diet Training Apps.
Company details
Gini was established in 2017 in Toronto, Canada, within the health technology sector. DNA test kits are distributed for genetic analysis, with results used to generate personalized wellness plans. These plans address nutrition, exercise, sleep, and daily habits through an app-based platform. Operations focus on integrating genetic data into routine health management.
- Headquarters Toronto, Canada
- Employees 33
- Founders Reetmohinder Singh, Miguel Vesco, Gurjot Narwal
- Stage Acquired
- SectorsHealthcare
- Website ginihealth.com
- Social LinkedIn X Facebook
- Acquired by Finvasia (Oct 2021)
- Legal Name Gini Health India Private Limited
- Date of Incorporation 09 Nov, 2021
- Jurisdiction Mohali, Punjab, India
- Indian entity revenue₹4.81 Cr
FY 2024 · +114% YoY
- Indian entity net loss-₹2.00 Cr
FY 2024 · -42% margin
- Indian entity EBITDA-₹2.36 Cr
FY 2024 · -49% margin
- Total Equity Funding$20K (USD)
in 2 rounds
- Latest Funding Round$20K (USD), Seed
Jun 2020
- InvestorsFinvasia
& 2 more
- Employee Count33
- Acquired byFinvasia
(Oct 2021)
Associated legal entities of gini
gini operates through Gini Health India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gini Health India Private Limited CIN U85300PB2021PTC054651 | Active | 09 Nov 2021 | Mohali, Punjab | ₹4.8 Cr | 33 | 2 | View details |
Funding Insights of gini
gini has successfully raised a total of $20K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in June 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.
- Total Funding $20,000
- Total Rounds 2
- Last Round Seed — $20,000
- Investors Count 2
All 2 funding rounds of gini with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
Investors in gini
gini has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Finvasia, Techstars and Rangle.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Rangle is recognized as an agentic product and platform consultancy. | rangle.io | Toronto, Canada | ||
Online trading in equities, derivatives, currencies, and commodities is enabled. | 2009 | finvasia.com | Chandigarh, India |
Investor details for gini
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Board of directors of Gini Health India Private Limited (gini)
Gini Health India Private Limited is the primary company behind gini. The board of Gini Health India Private Limited currently have 2 directors; the longest-serving is Ramneek, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramneek DIN 07609960 | Director | 09 Nov 2021 | 4 yrs 11 mo | Gini Health India Private Limited |
| Sandeep Singh Gill DIN 10444510 | Director | 29 Dec 2023 | 2 yrs 10 mo | Gini Health India Private Limited |
People of gini
8 people are tracked at gini (4 in leadership, 4 in team); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Reetmohinder Singh | Co-Founder | Leadership |
Miguel Vesco | Co-Founder | Leadership |
Gurjot Narwal | Co-Founder | Leadership |
Dr. Anil Bhansali | Medical Director | Leadership |
Anushka Dhiman | Medical Officer | Team |
Anshul Sharma | Medical Doctor | Team |
SURBHI SURBHI | Medical Officer | Team |
Shilpa Singh | Clinical Dietitian | Team |
Complete people profiles for gini
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Financials of gini
Figures of Gini Health India Private Limited, the primary company behind gini, for FY 2024. Revenue was ₹4.81 Cr (+114% year on year). Net loss was -₹2.00 Cr (-42% margin). EBITDA was -₹2.36 Cr (-49% margin).
- ₹4.81 CrRevenue · FY 2024 · +114% YoY
- -₹2.00 CrNet loss · -42% margin
- -₹2.36 CrEBITDA · -49% margin
- ₹1 LakhPaid-up capital
- 33Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Gini Health India Private Limited are on its company page.
Detailed financial statements for gini
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of gini
4 dated milestones of gini across 4 years, from founding to its latest funding, stage changes and deals.
- Founded gini is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $20K.
- Exit Acquired by Finvasia.
Web traffic of gini
The website of gini (ginihealth.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 3.9% vs previous month
Websites whose visitors overlap most with gini. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| parkhospital.in | 100% | 41.1K | #728,927 | View details |
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Related news about Gini
Complete news archive for gini
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Frequently Asked Questions about gini
gini was founded in 2017 and raised its 1st funding round 1 year after it was founded.
gini is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
gini is a funded company, having raised a total of $20K across 2 funding rounds to date.
gini has 33 employees.
The primary company behind gini, Gini Health India Private Limited, reported revenue of ₹4.81 Cr for FY 2024, up 114% year on year.
Gini was established in 2017 in Toronto, Canada, within the health technology sector. DNA test kits are distributed for genetic analysis, with results used to generate personalized wellness plans. These plans address nutrition, exercise, sleep, and daily habits through an app-based platform. Operations focus on integrating genetic data into routine health management.
gini operates through Gini Health India Private Limited.
Yes. gini was acquired by Finvasia in October 2021.
The legal entities of gini currently have 2 directors, including Sandeep Singh Gill, Ramneek.