Growfitter

Mumbai, India Founded: 2016 • Age: 10 yrs
An incentivized wellness platform is offered to promote healthy lifestyles.
Annual revenue $26,089 Latest available
Total funding $3.8M 8 rounds
Employees - Tracked headcount
Investors 98 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Growfitter

Growfitter is a company based in Mumbai (India) founded in 2016 by Sanmati Pande and Harshit Sethy. Growfitter has raised $3.76 million across 8 funding rounds from investors including DevX, Mumbai Angels and Venture Catalysts. Growfitter operates in a competitive market with competitors including Cult.fit, HealthifyMe, Wellhub, Lark Health and Gymlib, among others.

  • Headquarter Mumbai, India
  • Founders Sanmati Pande, Harshit Sethy
  • Stage Minicorn
  • Sectors
    Healthcare
    Retail Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Growfitter Private Limited
  • Date of Incorporation 19 May, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.09 K (USD)
    -93.3
    as on Mar 31, 2021
  • Net Profit
    -$267.83 K (USD)
    -7.29
    as on Mar 31, 2021
  • EBITDA
    -$272.62 K (USD)
    -3.41
    as on Mar 31, 2021
  • Total Equity Funding
    $3.76 M (USD)

    in 8 rounds

  • Latest Funding Round
    Not available
  • Investors
    DevX

    & 97 more

  • Employee Count
    Not available
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People of Growfitter

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Devansh shah
Full-stack Developer
People
Harshit Sethy
Co-Founder & CTO
People
Akshay Pakhare
Full Stack Developer
People
Sanmati Pande ACA, CPA(Australia),ACMA(U.K),MBA
Co-founder & CEO

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Funding Insights of Growfitter

Growfitter has successfully raised a total of $3.76M across 8 strategic funding rounds. 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.

Investors in Growfitter

Growfitter has secured backing from 98 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include DevX, Mumbai Angels and Venture Catalysts.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment platform for building investor communities and facilitating startup deals.
Locked Locked Locked
Early-stage startup ecosystem is supported by Venture Catalysts in India.
Locked Locked Locked
Single family office investing in multiple sectors
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Investor details for Growfitter

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Growfitter

Investments
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Investment portfolio details for Growfitter

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Financial Statements - Growfitter

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Detailed financials for Growfitter

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Growfitter Comparisons

Growfitter Primary company
Description
An incentivized wellness platform is offered to promote heal...
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$26.09 K (USD)
Net Profit
-$267.83 K (USD)
EBITDA
-$272.62 K (USD)
Employees
Not available
Premium access

Peer comparison for Growfitter

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Competitors of Growfitter

Growfitter 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 Cult.fit, HealthifyMe, Wellhub, Lark Health and Gymlib, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
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AI-powered personalized nutrition and fitness coaching is provided.
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Cloud-based wellness programs are offered for employee health and productivity.
Locked Locked Locked
AI-powered platform offering various fitness and wellness services
Locked Locked Locked
An online pay-as-you-go marketplace for fitness centers is operated.
Locked Locked Locked
Provider of a digital platform for weight loss management and behavior change
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Detailed competitors of Growfitter

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Latest news on Growfitter

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Complete news archive for Growfitter

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Growfitter

Growfitter was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Growfitter is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Sanmati Pande is the current CEO of Growfitter. They have also founded this company.

Growfitter is a funded company, having raised a total of $3.76M across 8 funding rounds to date.

Annual revenue of Growfitter is $26.09K as on Mar 31, 2021.

Growfitter was founded in 2016 in Mumbai, India, within the wellness and fitness sector. An incentivized platform is operated to support healthy habits among individuals and families. Access to a network of fitness centers and online personal trainers is provided, alongside personalized workout plans. User engagement is tracked through an app with a rewards system for consistent activities. A store for fitness essentials and merchandise is also maintained.

Growfitter's top competitors include Cult.fit, Wellhub and Lark Health.

Growfitter has 98 investors. Key investors include DevX, Mumbai Angels, Venture Catalysts, Z Nation Lab, and Talwalkars.

The valuation of Growfitter is $4.9M as of Aug 2022.

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