Mobiefit

Panaji, India Founded: 2014 • Age: 12 yrs
Fitness related mobile apps developer
Annual revenue $4,143 Latest available
Total funding $3.1M 3 rounds
Employees 2 Tracked headcount
Investors 15 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Mobiefit

Mobiefit is a company based in Panaji (India) founded in 2014 by Gourav Jaswal. Mobiefit has raised $3.1 million across 3 funding rounds from investors including MediBuddy, Medi Assist and Nava Limited. The company has 2 employees as of March 29, 2024. Mobiefit operates in a competitive market with competitors including IFit, Zwift, Fitterfly, Kaia Health and Keleya, among others.

  • Headquarter Panaji, India
  • Employees 2 as on 29 Mar, 2024
  • Founders Gourav Jaswal
  • Stage Minicorn
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mobiefit Technologies Private Limited
  • Date of Incorporation 26 Mar, 2015
  • Jurisdiction Panaji, Goa, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.14 K (USD)
    47.69
    as on Mar 31, 2022
  • Net Profit
    -$25.63 K (USD)
    -784.87
    as on Mar 31, 2022
  • EBITDA
    -$29.77 K (USD)
    -422.16
    as on Mar 31, 2022
  • Total Equity Funding
    $3.1 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.35 M (USD), Seed

    Nov 28, 2017

  • Investors
    MediBuddy

    & 14 more

  • Employee Count
    2

    as on Mar 29, 2024

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Funding Insights of Mobiefit

Mobiefit has successfully raised a total of $3.1M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.35 million completed in November 2017. 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 Mobiefit

Mobiefit has secured backing from 15 investors, including institutional and angel investors. Prominent investors backing the company include MediBuddy, Medi Assist and Nava Limited.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Healthcare benefits administration services for employees are managed online.
Locked Locked Locked
Diversified operations are conducted across multiple industries worldwide.
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Online platform offering multiple healthcare services
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Investor details for Mobiefit

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Investments & Acquisitions by Mobiefit

Investments
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Investment portfolio details for Mobiefit

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Financial Statements - Mobiefit

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Detailed financials for Mobiefit

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Mobiefit Comparisons

Mobiefit Primary company
Description
Fitness related mobile apps developer
Location
Panaji, India
Founded Year
2014
Annual Revenue
$4.14 K (USD)
Net Profit
-$25.63 K (USD)
EBITDA
-$29.77 K (USD)
Employees
2
As of 2024
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Peer comparison for Mobiefit

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Competitors of Mobiefit

Mobiefit 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 IFit, Zwift, Fitterfly, Kaia Health and Keleya, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Smart interactive fitness equipment and training services are provided.
Locked Locked Locked
Gamified indoor cycling training is delivered via an app-based platform.
Locked Locked Locked
A mobile app is offered for managing multiple chronic diseases.
Locked Locked Locked
Provider of digital musculoskeletal pain management solutions
Locked Locked Locked
App offering exercise and yoga plans for pregnant women
Locked Locked Locked
Provider of gamified health and wellness programs
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Detailed competitors of Mobiefit

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Latest news on Mobiefit

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Frequently Asked Questions about Mobiefit

Mobiefit was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Mobiefit is headquartered in Panaji, India. It is registered at Panaji, Goa, India.

Mobiefit is a funded company, having raised a total of $3.1M across 3 funding rounds to date.

As of Mar 29, 2024, the latest employee count at Mobiefit is 2.

Annual revenue of Mobiefit is $4.14K as on Mar 31, 2022.

MobieFit was founded in 2014 in Panaji, India, as a developer of fitness-related mobile applications. Operations center on apps powered by celebrity trainers, incorporating a motion-based engine that utilizes mobile sensors for exercise measurement and a GPS-based distance engine for activity logging. Three apps have been released on the Google Play Store to track walking, running, and daily activities, alongside training tips for running and free-hand exercises.

Mobiefit's top competitors include IFit, Fitterfly and Kaia Health.

Mobiefit has 15 investors. Key investors include MediBuddy, Medi Assist, Nava Limited, Piyush Shantilal Kothari, and Nilesh Pravin Kothari.

The valuation of Mobiefit is $6.62M as of Jun 2017.

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