About Gympik
Gympik is a company based in Bengaluru (India) founded in 2012 by Karan Malik was acquired by RoundGlass in June 2021.. Gympik has raised $3.09 million across 9 funding rounds from investors including Haldyn Glass Gujrat, NovoJuris and HealthStart. The company has 37 employees as of March 24, 2024. Gympik has completed 1 acquisition, including FitnessPapa. Gympik operates in a competitive market with competitors including Fit city, Aurozen, Brackettup, Swasthya Bharat and Fitzoh, among others.
- Headquarter Bengaluru, India
- Employees 37 as on 24 Mar, 2024
- Founders Karan Malik
- Stage Minicorn
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Sectors
HealthcareBusiness Services
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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 Gympik Health Solutions Private Limited
- Date of Incorporation 11 Dec, 2012
- Jurisdiction Mohali, Punjab, India
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Annual Revenue
$0 (USD)-100as on Mar 31, 2022
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Net Profit
$-9.04 K (USD)97.98as on Mar 31, 2022
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EBITDA
$-8.55 K (USD)97.73as on Mar 31, 2022
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Total Equity Funding
$3.09 M (USD)
in 9 rounds
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Latest Funding Round
$336.92 K (USD), Seed
Apr 28, 2020
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Investors
Haldyn Glass Gujrat
& 17 more
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Employee Count
37
as on Mar 24, 2024
- Investments & Acquisitions
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Acquired by
RoundGlass
(Jun 03, 2021)
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Funding Insights of Gympik
Gympik has successfully raised a total of $3.09M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $336.92 thousand completed in April 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 Total Funding
- Total Rounds 9
- Last Round Seed — $336,919
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First Round
First Round
(26 Nov 2014)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Seed - Gympik | Valuation | RoundGlass |
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| Feb, 2019 | Amount | Seed - Gympik | Valuation | RoundGlass |
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| Feb, 2018 | Amount | Seed - Gympik | Valuation | RoundGlass |
| 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 Gympik
Gympik has secured backing from 18 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Haldyn Glass Gujrat, NovoJuris and HealthStart. 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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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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Healthcare incubation, acceleration, and mentorship services in India.
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Founded Year | Domain | Location | |
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Wellbeing platforms, sports management, and philanthropy initiatives are offered by Roundglass.
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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 Gympik
Gympik has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FitnessPapa. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fitness and wellness services are offered through an online marketplace.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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.
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2014 |
Financial Statements - Gympik
| 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 |
Gympik Comparisons
Competitors of Gympik
Gympik 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 Fit city, Aurozen, Brackettup, Swasthya Bharat and Fitzoh, 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 |
Mobile app to reserve workout sessions at fitness centers
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| domain | founded_year | HQ Location |
Provides an online platform for listing and booking gyms and fitness centers.
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| domain | founded_year | HQ Location |
A health and wellness platform connecting individuals to various services.
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| domain | founded_year | HQ Location |
An online platform for booking gyms and fitness classes.
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| domain | founded_year | HQ Location |
Provides solutions to effectively manage gym operations.
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| 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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Latest news on Gympik
Frequently Asked Questions about Gympik
When was Gympik founded?
Gympik was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Gympik located?
Gympik is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Gympik a funded company?
Gympik is a funded company, having raised a total of $3.09M across 9 funding rounds to date. The company's 1st funding round was a Seed of $776.4K, raised on Nov 26, 2014.
How many employees does Gympik have?
As of Mar 24, 2024, the latest employee count at Gympik is 37.
What does Gympik do?
Gympik was founded in 2012 in Bengaluru, India, as an app-based platform in the fitness sector. Personal health trainers and dieticians are linked with prospective clients via the service. Users are enabled to search for professionals across various categories and book custom training packages. The platform operates on iOS and Android devices, facilitating bookings and interactions in the health and wellness domain.
Who are the top competitors of Gympik?
How many acquisitions has Gympik made?
Gympik has made 1 acquisition, including FitnessPapa.
Who are Gympik's investors?
Gympik has 18 investors. Key investors include Haldyn Glass Gujrat, NovoJuris, HealthStart, Roundglass, and Medha Dua.
What is Gympik's valuation?
The valuation of Gympik is $5.38M as of Apr 2020.