About GymNation
GymNation is a company based in Dubai (United Arab Emirates) founded in 2017 by Frank Afeaki, Ant Martland, and Loren Holland was acquired by Ruya Partners in November 2023.. GymNation operates in a competitive market with competitors including Topstretching and BeFitreat, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Frank Afeaki, Ant Martland, Loren Holland
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
JD Sports Fashion
& 2 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of GymNation
| 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 |
Investors in GymNation
GymNation has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include JD Sports Fashion, Ruya Partners and Tricap Investments. 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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Bespoke funding solutions are offered to companies in developing markets.
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Founded Year | Domain | Location | |
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Tricap Investments is engaged in diversified principal investment activities.
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Founded Year | Domain | Location | |
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Retailer and distributor of sportswear and fashion-wear
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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 GymNation
| 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 - GymNation
| 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 |
Gymnation Comparisons
Competitors of GymNation
GymNation 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 Topstretching and BeFitreat, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides stretching, gym, and fitness classes for women in Dubai.
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| domain | founded_year | HQ Location |
Offers fitness retreats for weight loss and transformation in international locations.
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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 Gymnation
Frequently Asked Questions about GymNation
When was GymNation founded?
GymNation was founded in 2017.
Where is GymNation located?
GymNation is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of GymNation?
Loren Holland is the current CEO of GymNation. They have also founded this company.
What does GymNation do?
GymNation was established in 2017 in Dubai, United Arab Emirates, within the fitness industry. Physical fitness centers are managed as a chain, with operations focused on gym facilities and related services. Access to equipment, classes, and wellness programs is provided to members across locations in the region. Leadership is held by co-founders, including Loren Holland as CEO.
Who are the top competitors of GymNation?
GymNation's top competitors include Topstretching and BeFitreat.
Who are GymNation's investors?
GymNation has 3 investors. Key investors include JD Sports Fashion, Ruya Partners, and Tricap Investments.