About Muse Wearables
Muse Wearables is a Healthcare company based in Chennai (India) founded in 2015 by Yathindra Ajay and Prathyusha Kamarajugadda. Smartwatch and app for fitness and nutrition tracking are developed. It operates in the Healthcare, Technology, and Retail sectors. Muse Wearables has raised $5.18 million across 8 funding rounds from investors including Lead Angels, Keiretsu Forum and Kubos. Muse Wearables was last valued at $12.37 million in May 2023. Its website musewearables.com draws about 15 thousand monthly visits. Its Indian entity Conzumex Industries Private Limited reported revenue of ₹5.79 Cr. Muse Wearables offers products and services including Ring One. Its focus areas include High Tech, Wearable Technology, Watches and Trackers and Smart Watches. Its competitors include Fire Boltt, Nu Republic and AyuRythm; 2 of its 3 listed competitors have raised funding.
Company details
Muse Wearables was founded in 2015 in Chennai, India, within the wearable technology sector. A smartwatch and mobile application are provided by the company to monitor sleep patterns, UV exposure, physical activity, food intake, and calorie consumption. Data collected is processed through the app with artificial intelligence, generating insights, customized training regimens, and nutrition guidance for users.
- Headquarters Chennai, India
- Founders Yathindra Ajay, Prathyusha Kamarajugadda
- Stage Minicorn
- SectorsHealthcareTechnology Retail
- Website in.musewearables.com
- Social LinkedIn X Facebook Instagram
- Legal Name Conzumex Industries Private Limited
- Date of Incorporation 05 Dec, 2012
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹5.79 Cr
FY 2024 · +177% YoY
- Net Profit₹74.7 Lakh
FY 2024 · 13% margin
- EBITDA₹82 Lakh
FY 2024 · 14% margin
- Total Equity Funding$5.18M (USD)
in 8 rounds
- Latest Funding Round$251.36K (USD), Angel Round
Aug 2025
- InvestorsLead Angels
& 71 more
Associated legal entities of Muse Wearables
Muse Wearables operates through Conzumex Industries 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 |
|---|---|---|---|---|---|---|---|
| Conzumex Industries Private Limited CIN U74999TN2012PTC088792 | Active | 05 Dec 2012 | Chennai, Tamil Nadu | ₹5.8 Cr | 9 | 4 | View details |
Products & Services of Muse Wearables
Muse Wearables offers a comprehensive portfolio of products and services, including Ring One.
Tracks health, sleep, fitness, and enables contactless payments.
Apps and channels of Muse Wearables
Muse Wearables publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of Muse Wearables
Muse Wearables has successfully raised a total of $5.18M across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $251.36 thousand completed in August 2025. 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 $5.18M
- Total Rounds 8
- Last Round Angel Round — $251,359
- Investors Count 72
All 8 funding rounds of Muse Wearables 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 |
|---|---|---|---|---|---|
| Aug 2025 | $251,359 | Angel Round | – | R Gopal | |
| May 2023 | $195,051 | Seed | $12.37M | Kubos, Sai Ram Marketing | |
| Nov 2021 | $639,944 | Seed | $13.06M | Bhaskara Rao Bollineni | |
| Jul 2020 | $2.94M | Angel Round | $••••• | Bhaskar Rao Bollineni, Bhaskar Rao Bollineni | |
| Jan 2020 | $479,149 | Seed | $••••• | China Subba Rao, Doppalapudi Pooja Lakshmi | |
| Dec 2018 | $269,382 | Seed | $••••• | Shangrila | |
| Aug 2017 | $399,014 | Seed | $••••• | Vayyuru Rajeshwari, Sandeep Vuyyuru Ramesh | |
| Jun 2015 | Seed | – | Keiretsu Forum, Lead Angels |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $12.37M | •••••••• |
| Nov 2021 | $13.06M | •••••••• |
| Jul 2020 | $••••• | •••••••• |
| Jan 2020 | $••••• | •••••••• |
| Dec 2018 | $••••• | •••••••• |
| Aug 2017 | $••••• | •••••••• |
Full valuation and stage history of Muse Wearables
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $12.37M (May 2023). 72 investors in total: 10 institutional and 62 angel.
Investors in Muse Wearables
Muse Wearables has secured backing from 72 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Lead Angels, Keiretsu Forum and Kubos.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States | |
Investment in high-growth startups and angel funding services in India. | 2014 | leadangels.in | Mumbai, India | |
End-to-end HR services are provided for business operations. | kubos.biz | Chennai, India | ||
Event staffing and support services across India. | 2005 | crew4events.com | ||
Ayurvedic treatments are offered at a standalone clinic in Delhi. | Delhi, India | |||
| extraweave.com | ||||
Luxurious residential spaces are developed by Shangrila Infra in India. | shangrilainfra.com | Hyderabad, India | ||
Private equity firm focused on multiple sectors | Chennai, India | |||
PK Prakash Katama | unknown_788506c9eaa14220a | |||
NS Nandyala Sujatha | unknown_a0fe9301c37e4e209 |
Investor details for Muse Wearables
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 Conzumex Industries Private Limited (Muse Wearables)
Conzumex Industries Private Limited is the primary company behind Muse Wearables. The board of Conzumex Industries Private Limited currently have 4 directors; the longest-serving is Kalle Lakshmi Narasimha Saiprasanth, appointed in 2012. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kalle Lakshmi Narasimha Saiprasanth DIN 03579600 | Director | 05 Dec 2012 | 13 yrs 11 mo | Conzumex Industries Private Limited |
| Addepalli Yathindra Ajay Krishna DIN 06407019 | Director | 05 Dec 2012 | 13 yrs 11 mo | Conzumex Industries Private Limited |
| Prathyusha Kamarajugadda DIN 07416146 | Director | 14 May 2016 | 10 yrs 6 mo | Conzumex Industries Private Limited |
| Prakash Katama DIN 03268635 | Director | 01 Feb 2018 | 8 yrs 9 mo | Conzumex Industries Private Limited |
People of Muse Wearables
2 people are tracked at Muse Wearables (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CPO | Leadership | |
| Co-Founder & COO | Leadership |
Complete people profiles for Muse Wearables
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Muse Wearables
Figures of Conzumex Industries Private Limited, the primary company behind Muse Wearables, for FY 2024. Revenue was ₹5.79 Cr (+177% year on year). Net profit was ₹74.7 Lakh (13% margin). EBITDA was ₹82 Lakh (14% margin). Revenue has grown at a compounded annual rate of +95% over three years and +383% over five years.
- ₹5.79 CrRevenue · FY 2024 · +177% YoY
- ₹74.7 LakhNet profit · 13% margin
- ₹82 LakhEBITDA · 14% margin
- ₹2 LakhPaid-up capital
- 9Employees (provident fund records)
- +95%Revenue CAGR, 3 years
- +383%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Conzumex Industries Private Limited are on its company page.
Detailed financial statements for Muse Wearables
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 Muse Wearables
4 dated milestones of Muse Wearables across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Muse Wearables is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $251K.
Competitors of Muse Wearables
Muse Wearables has 3 listed competitors in our database, 2 of them funded. They include Fire Boltt, Nu Republic and AyuRythm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fireboltt.com | 2015 | Mumbai, India | 1,419 | Designs and sells smartwatches, audio products, and gadgets through online platforms. | ||
| nurepublic.co | 2018 | Gurugram, India | $1.4M | 41 | Manufacturer of personal audio devices, smartwatches, power accessories, and travel gear | |
| ayurythm.com | 2018 | Bengaluru, India | $1.03M | Mobile app offering personalized wellness recommendations based on health parameters |
Detailed competitors of Muse Wearables
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Muse Wearables
The website of Muse Wearables (musewearables.com) receives about 15.4K visits a month.
- Monthly visits15.4K
▲ 6.4% vs previous month
Websites whose visitors overlap most with Muse Wearables. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| watchoutwearables.com | 100% | 9.4K | #2,386,707 | View details | |
| invella.com | 65% | 44.2K | #500,823 | View details | |
| google.com | 53% | 85.8B | #1 | View details | |
poorvika.com | poorvika.com | 49% | #72,212 | – | |
| ringconn.com | 49% | 792.9K | #76,267 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Muse Wearables
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as Muse Wearables (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 Muse Wearables
Complete news archive for Muse Wearables
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Frequently Asked Questions about Muse Wearables
Muse Wearables was founded in 2015.
Muse Wearables is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Muse Wearables is a funded company, having raised a total of $5.18M across 8 funding rounds to date.
The primary company behind Muse Wearables, Conzumex Industries Private Limited, reported revenue of ₹5.79 Cr for FY 2024, up 177% year on year.
Muse Wearables was founded in 2015 in Chennai, India, within the wearable technology sector. A smartwatch and mobile application are provided by the company to monitor sleep patterns, UV exposure, physical activity, food intake, and calorie consumption. Data collected is processed through the app with artificial intelligence, generating insights, customized training regimens, and nutrition guidance for users.
Muse Wearables's top competitors include Nu Republic, Fire Boltt and AyuRythm.
Muse Wearables offers Ring One.
Muse Wearables has 72 investors. Key investors include Lead Angels, Keiretsu Forum, Kubos, Sai Ram Marketing, and Tjg Management Consultants.
The valuation of Muse Wearables is $12.37M as of May 2023.
Muse Wearables operates through Conzumex Industries Private Limited.
The legal entities of Muse Wearables currently have 4 directors, including Kalle Lakshmi Narasimha Saiprasanth, Addepalli Yathindra Ajay Krishna, Prathyusha Kamarajugadda and others.
Yes. Muse Wearables publishes Muse and 1 more app, with over 10,000 downloads.