About JollyWell
JollyWell is a Healthcare company based in Mumbai (India) founded in 2015. Online healthcare and fitness assistant. JollyWell has raised $143.86 thousand across 1 funding round from investors including Bharathi Venkatakrishnan, Arun Balasubramanian and Niharika Ghosh. JollyWell was last valued at $660.89 thousand in May 2022. Its Indian entity Pepper Wellness Private Limited reported revenue of βΉ6 Lakh. JollyWell offers products and services including Leanfuel Vegan Protein Superfood and Leanfuel Active Vegan Protein Superfood. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Fitness and Diet Training Apps.
Company details
JollyWell is a web and mobile app-based healthcare assistant called Gini for building better healthcare habits such as eating healthy and getting more fit. Users can select their health and fitness goal and Gini will help in creating a habit based on the goal. Features include 7-day challenge, health quizzes, daily tracking and reporting, timeline, and progress chart.
- Headquarters Mumbai, India
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Website jollywell.in
- Social Facebook Instagram
- Legal Name Pepper Wellness Private Limited
- Date of Incorporation 15 Mar, 2014
- Jurisdiction Panvel, Maharashtra, India
- Annual Revenue₹6 Lakh
FY 2024 · -19% YoY
- Net Loss-₹31.1 Lakh
FY 2024 · -516% margin
- EBITDA-₹27.4 Lakh
FY 2024 · -454% margin
- Total Equity Funding$143.86K (USD)
in 1 rounds
- Latest Funding Round$143.86K (USD), Angel Round
May 2022
Associated legal entities of JollyWell
JollyWell operates through Pepper Wellness 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 |
|---|---|---|---|---|---|---|---|
| Pepper Wellness Private Limited CIN U85300MH2014PTC254405 | Active | 15 Mar 2014 | Panvel, Maharashtra | ₹0.1 Cr | 2 | View details |
Products & Services of JollyWell
JollyWell offers a comprehensive portfolio of products and services, including Leanfuel Vegan Protein Superfood and Leanfuel Active Vegan Protein Superfood.
Plant-based protein for daily health and weight management needs.
Vegan protein supplement for post-workout recovery and energy.
Funding Insights of JollyWell
JollyWell has successfully raised a total of $143.86K through 1 strategic funding round. The most recent funding activity was a Angel Round of $143.86 thousand completed in May 2022. 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 $143,857
- Total Rounds 1
- Last Round Angel Round β $143,857
- First Round $143,857
(May 2022)
- Investors Count 18
All 1 funding rounds of JollyWell with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2022 | $143,857 | Angel Round | $660,890 | Bharathi Venkatakrishnan |
Last known valuation $660,890 (May 2022). 18 investors in total: 0 institutional and 18 angel.
Investors in JollyWell
JollyWell has secured backing from 18 investors, including angel investors. Prominent investors backing the company include Bharathi Venkatakrishnan, Arun Balasubramanian and Niharika Ghosh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BV Bharathi Venkatakrishnan | unknown_394125de2a6f4df39 | |||
AB Arun Balasubramanian | unknown_653c2f04bb3442308 | |||
NG Niharika Ghosh | unknown_f44ba7c20eae410b9 | |||
RK Rajesh Kaimal | unknown_0558e8400eeb49afb | |||
PD Percy Dubash | unknown_4d7946c806f645b49 | |||
PM Priya Moghe | unknown_80477916ecf74a47a | |||
LP Lena Prabhukumar | unknown_36388d3ace044e96b | |||
MS Mahesh Shetty | unknown_8abff6768b2b484ea | |||
SS Shrikant Sarathy | unknown_3bc3fdb78e0448408 | |||
MA Mihir Ashar | unknown_d8772fc86e2740498 |
Investor details for JollyWell
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Pepper Wellness Private Limited (JollyWell)
Pepper Wellness Private Limited is the primary company behind JollyWell. The board of Pepper Wellness Private Limited currently have 2 directors; the longest-serving is Sujeesh Sukumaran Pottekkat, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sujeesh Sukumaran Pottekkat DIN 00278541 | Director | 15 Mar 2014 | 12 yrs 7 mo | Pepper Wellness Private Limited |
| Bindu Sujeesh DIN 00278616 | Director | 15 Mar 2014 | 12 yrs 7 mo | Pepper Wellness Private Limited |
Financials of JollyWell
Figures of Pepper Wellness Private Limited, the primary company behind JollyWell, for FY 2024. Revenue was ₹6 Lakh (-19% year on year). Net loss was -₹31.1 Lakh (-516% margin). EBITDA was -₹27.4 Lakh (-454% margin). Revenue has grown at a compounded annual rate of -27% over three years.
- ₹6 LakhRevenue · FY 2024 · -19% YoY
- -₹31.1 LakhNet loss · -516% margin
- -₹27.4 LakhEBITDA · -454% margin
- ₹1 LakhPaid-up capital
- -27%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Pepper Wellness Private Limited are on its company page.
Detailed financial statements for JollyWell
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of JollyWell
2 dated milestones of JollyWell across 7 years, from founding to its latest funding, stage changes and deals.
- Founded JollyWell is founded.
- Funding First funding round of $144K.
Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as JollyWell (Fitness & Wellness Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | 1,832 | ||
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Related news about Jollywell
Complete news archive for JollyWell
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Frequently Asked Questions about JollyWell
JollyWell was founded in 2015 and raised its 1st funding round 7 years after it was founded.
JollyWell is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
JollyWell is a funded company, having raised a total of $143.86K across 1 funding round to date. The company's 1st funding round was a Angel Round of $143.86K, raised on May 2022.
The primary company behind JollyWell, Pepper Wellness Private Limited, reported revenue of βΉ6 Lakh for FY 2024, down 19% year on year.
JollyWell is a web and mobile app-based healthcare assistant called Gini for building better healthcare habits such as eating healthy and getting more fit. Users can select their health and fitness goal and Gini will help in creating a habit based on the goal. Features include 7-day challenge, health quizzes, daily tracking and reporting, timeline, and progress chart.
JollyWell offers Leanfuel Vegan Protein Superfood and Leanfuel Active Vegan Protein Superfood.
JollyWell has 18 investors. Key investors include Bharathi Venkatakrishnan, Arun Balasubramanian, Niharika Ghosh, Rajesh Kaimal, and Percy Dubash.
The valuation of JollyWell is $660.89K as of May 2022.
JollyWell operates through Pepper Wellness Private Limited.
The legal entities of JollyWell currently have 2 directors, including Sujeesh Sukumaran Pottekkat, Bindu Sujeesh.

