About Grow Fit
Grow Fit is a company based in Bengaluru (India) founded in 2015.. Grow Fit has raised $21.13 million across 4 funding rounds from investors including Manipal Group, Navodyam and Alpha Wave Global. The company has 444 employees as of March 31, 2025. Grow Fit has completed 2 acquisitions, including DrinkKing and Drinkking.
- Headquarter Bengaluru, India
- Employees 444 as on 31 Mar, 2025
- Stage Minicorn
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$5.48 K (USD)-90as on Mar 31, 2024
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Net Profit
$-44.38 K (USD)-1831as on Mar 31, 2024
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EBITDA
$-26.83 K (USD)-195as on Mar 31, 2024
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Total Equity Funding
$21.13 M (USD)
in 4 rounds
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Latest Funding Round
$11.87 M (USD), Series B
Jul 27, 2021
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Investors
Manipal Group
& 13 more
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Employee Count
444
as on Mar 31, 2025
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Investments & Acquisitions
DrinkKing
& 1 more
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Funding Insights of Grow Fit
Grow Fit has successfully raised a total of $21.13M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $11.87 million completed in July 2021. 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 4
- Last Round Series B — $11.9M
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First Round
First Round
(02 Mar 2017)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - Grow Fit | Valuation | Alpha Wave Global | |
| Mar, 2021 | Amount | Series A - Grow Fit | Valuation | Alpha Wave Global | |
| Dec, 2019 | Amount | Series A - Grow Fit | Valuation | Alpha Wave Global |
| 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 Grow Fit
Grow Fit has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Manipal Group, Navodyam and Alpha Wave Global. 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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Venture capital firm focused on growth-stage companies
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Founded Year | Domain | Location | |
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Venture capital funding is provided to innovative startups in India.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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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 Grow Fit
Grow Fit has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DrinkKing and Drinkking. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Health-focused meal replacement beverages are delivered via subscription.
|
2015 | ||||
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Various beverages are offered by Drinkking through drinkking.com.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Grow Fit
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grow Fit Comparisons
Competitors of Grow Fit
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Grow Fit
When was Grow Fit founded?
Grow Fit was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Grow Fit located?
Grow Fit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Grow Fit a funded company?
Grow Fit is a funded company, having raised a total of $21.13M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.24M, raised on Mar 02, 2017.
How many employees does Grow Fit have?
As of Mar 31, 2025, the latest employee count at Grow Fit is 444.
What is the annual revenue of Grow Fit?
Annual revenue of Grow Fit is $5.48K as on Mar 31, 2024.
What does Grow Fit do?
Grow Fit was founded in 2015 in Bengaluru, India, as an internet-first brand in the grocery sector. Multi-category products, including low-carb foods, protein-rich snacks, meal replacements, and dietary supplements, are provided through an online platform. Various formulations are available to address weight management, fitness, and general well-being, with a focus on healthy eating options across the region.
How many acquisitions has Grow Fit made?
Who are Grow Fit's investors?
Grow Fit has 14 investors. Key investors include Manipal Group, Navodyam, Alpha Wave Global, QED Innovation Labs, and Vistula University.
What is Grow Fit's valuation?
The valuation of Grow Fit is $55.9M as of Jul 2021.
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