About Multifit
Multifit is a company based in Pune (India) founded in 2015 by Neeraj Sharma and Deepti Sharma was acquired by Lexicon Group of Institutes in March 2022.. The company has 90 employees as of May 31, 2025. Multifit operates in a competitive market with competitors including CultFit, Gold's Gym, DCAMP, The Pilates Studio and Chisel, among others.
- Headquarter Pune, India
- Employees 90 as on 31 May, 2025
- Founders Neeraj Sharma, Deepti Sharma
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$901.74 K (USD)96as on Mar 31, 2023
-
Net Profit
$-82.01 K (USD)-140as on Mar 31, 2023
-
EBITDA
$-58.2 K (USD)-269as on Mar 31, 2023
-
Latest Funding Round
- Investors
-
Employee Count
90
as on May 31, 2025
-
Acquired by
Lexicon Group of Institutes
(Mar 09, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of Multifit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Multifit
Multifit has secured backing from 1 investor. Prominent investors backing the company include Lexicon Group of Institutes. 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 |
|---|---|---|---|---|
|
Pre-schools, K-12, and Higher Education
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Multifit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Multifit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Multifit Comparisons
Competitors of Multifit
Multifit 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 CultFit, Gold's Gym, DCAMP, The Pilates Studio and Chisel, 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 |
A chain of fitness centers is operated across India.
|
|
| domain | founded_year | HQ Location |
Fitness memberships and training programs are provided by the company.
|
|
| domain | founded_year | HQ Location |
Offers fitness classes, diet plans, and recreational events for holistic wellness.
|
|
| domain | founded_year | HQ Location |
Operates a chain of physical fitness centers specializing in Pilates.
|
|
| domain | founded_year | HQ Location |
A chain of fitness studios is operated in Bengaluru, India.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Multifit
Frequently Asked Questions about Multifit
When was Multifit founded?
Multifit was founded in 2015.
Where is Multifit located?
Multifit is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Multifit have?
As of May 31, 2025, the latest employee count at Multifit is 90.
What is the annual revenue of Multifit?
Annual revenue of Multifit is $901.74K as on Mar 31, 2023.
What does Multifit do?
Multifit was founded in 2015 in Pune, India, as a chain of fitness centers within the health and wellness sector. Operations focus on delivering structured fitness services, including functional training, strength training, MMA, boxing, yoga, Zumba, dance fitness, HIIT, calisthenics, personal training, group sessions, indoor cycling, weight training, weekend masterclasses, and nutrition guidance. The network serves local communities through these offerings.
Who are the top competitors of Multifit?
Multifit's top competitors include CultFit, Gold's Gym and KnoxFit.
Who are Multifit's investors?
Multifit has 1 investor. Key investors include Lexicon Group of Institutes.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.