About NearFit
NearFit was a Healthcare company based in Raipur (India) founded in 2018 by Abhishek Kripal. It offers an online platform for pass-enabled fitness classes to users. It operates on a B2C model. Its Indian entity Nex Fitzap Private Limited reported revenue of ₹2.48 Cr. The company is recorded as dissolved. Its focus areas include Health and Fitness, Online Services, Fitness Platforms and Class Subscriptions. Its competitors include FitMeIn, Aurozen and Fit city; 2 of its 3 listed competitors have raised funding.
Company details
NearFit, based in Raipur, focuses on health and fitness, online services, fitness platforms, and class subscriptions. Offers an online platform for pass-enabled fitness classes to users. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Raipur, India
- Founders Abhishek Kripal
- SectorsHealthcare
- Website nearfit.in
- Legal Name Nex Fitzap Private Limited
- Date of Incorporation 15 Feb, 2018
- Jurisdiction Kalyani, West Bengal, India
- Annual Revenue₹2.48 Cr
FY 2024 · +147% YoY
- Net Profit₹73.9 Lakh
FY 2024 · 30% margin
- EBITDA₹99.5 Lakh
FY 2024 · 40% margin
Associated legal entities of NearFit
NearFit operates through Nex Fitzap 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 |
|---|---|---|---|---|---|---|---|
| Nex Fitzap Private Limited CIN U72100WB2018PTC224634 | Active | 15 Feb 2018 | Kalyani, West Bengal | ₹2.5 Cr | 4 | View details |
Board of directors of Nex Fitzap Private Limited (NearFit)
Nex Fitzap Private Limited is the primary company behind NearFit. The board of Nex Fitzap Private Limited currently have 4 directors; the longest-serving is Priyanjit Kumar Ghosh, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyanjit Kumar Ghosh DIN 08027287 | Director | 15 Feb 2018 | 8 yrs 8 mo | Nex Fitzap Private Limited |
| Vinay Gokuldas Khobragade DIN 08055704 | Director | 02 Jul 2018 | 8 yrs 4 mo | Nex Fitzap Private Limited |
| Anand Panchbhai DIN 08527486 | Director | 14 Aug 2019 | 7 yrs 3 mo | Nex Fitzap Private Limited |
| Nivedita Tiwari DIN 10136217 | Director | 27 Aug 2023 | 3 yrs 2 mo | Nex Fitzap Private Limited |
People of NearFit
1 people are tracked at NearFit (1 in leadership).
| Name | Role | Group |
|---|---|---|
Abhishek Kripal | Co-Founder | Leadership |
Complete people profiles for NearFit
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Financials of NearFit
Figures of Nex Fitzap Private Limited, the primary company behind NearFit, for FY 2024. Revenue was ₹2.48 Cr (+147% year on year). Net profit was ₹73.9 Lakh (30% margin). EBITDA was ₹99.5 Lakh (40% margin). Revenue has grown at a compounded annual rate of +205% over three years.
- ₹2.48 CrRevenue · FY 2024 · +147% YoY
- ₹73.9 LakhNet profit · 30% margin
- ₹99.5 LakhEBITDA · 40% margin
- ₹1 LakhPaid-up capital
- +205%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Nex Fitzap Private Limited are on its company page.
Detailed financial statements for NearFit
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Competitors of NearFit
NearFit has 3 listed competitors in our database, 2 of them funded. They include FitMeIn, Aurozen and Fit city.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fitmein.in | 2015 | Delhi, India | $307,416 | Subscription-based access to partnering gyms and fitness centers is provided. | ||
| aurozen.com | 2020 | Bhopal, India | Provides an online platform for listing and booking gyms and fitness centers. | |||
| fitcity.in | 2017 | Ahmedabad, India | $63,771 | Mobile app to reserve workout sessions at fitness centers |
Detailed competitors of NearFit
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Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as NearFit (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 Nearfit
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Frequently Asked Questions about NearFit
NearFit was founded in 2018.
NearFit is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.
The primary company behind NearFit, Nex Fitzap Private Limited, reported revenue of ₹2.48 Cr for FY 2024, up 147% year on year.
NearFit, based in Raipur, focuses on health and fitness, online services, fitness platforms, and class subscriptions. Offers an online platform for pass-enabled fitness classes to users. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
NearFit operates through Nex Fitzap Private Limited.
The legal entities of NearFit currently have 4 directors, including Vinay Gokuldas Khobragade, Anand Panchbhai, Nivedita Tiwari and others.