About Oga
Oga is a Healthcare company based in Bengaluru (India) founded in 2017 by Ashish Rawat and Maximilian Mezzomo. Dance learning solutions are delivered via a mobile platform. Oga has raised $1.15 million across 2 funding rounds from investors including 100Unicorns, Sarva and Joyance Partners. Oga was last valued at $3.14 million in September 2020. Its Indian entity Qvady Technologies Private Limited reported revenue of ₹12.5 Lakh. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Fitness and Diet Training Apps.
Company details
Oga was founded in 2017 in Bengaluru, India, as a mobile-based platform focused on dance education. Online classes for developing dance skills are offered through its iOS app. The service operates in the edtech sector, targeting users interested in accessible dance training. Core activities center on digital delivery of instructional content from Bengaluru.
- Headquarters Bengaluru, India
- Founders Ashish Rawat, Maximilian Mezzomo
- Stage Minicorn
- SectorsHealthcare
- Website oga.so
- Social LinkedIn X Facebook
- Legal Name Qvady Technologies Private Limited
- Date of Incorporation 28 Mar, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹12.5 Lakh
FY 2022 · +442% YoY
- Net Loss-₹97.7 Lakh
FY 2022 · -781% margin
- EBITDA-₹90.7 Lakh
FY 2022 · -725% margin
- Total Equity Funding$1.15M (USD)
in 2 rounds
- Latest Funding Round$466.67K (USD), Seed
Sep 2020
- Investors100Unicorns
& 63 more
Associated legal entities of Oga
Oga operates through Qvady Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Qvady Technologies Private Limited CIN U72900TN2017PTC115771 | Strike Off | 28 Mar 2017 | Chennai, Tamil Nadu | ₹0.1 Cr | 2 | View details |
Funding Insights of Oga
Oga has successfully raised a total of $1.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $466.67 thousand completed in September 2020. 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 $1.15M
- Total Rounds 2
- Last Round Seed — $466,667
- First Round $686,830
(Nov 2019)
- Investors Count 64
All 2 funding rounds of Oga 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 |
|---|---|---|---|---|---|
| Sep 2020 | $466,667 | Seed | $3.14M | Joyance Partners | |
| Nov 2019 | $686,830 | Seed | $1.3M | Inflection Point Ventures, Zorba |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2020 | $3.14M | •••••••• |
| Nov 2019 | $1.3M | •••••••• |
Last known valuation $3.14M (Sep 2020). 64 investors in total: 6 institutional and 58 angel.
Investors in Oga
Oga has secured backing from 64 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include 100Unicorns, Sarva and Joyance Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on tech sectors | joyancepartners.com | San Francisco, United States | ||
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
Online fitness and wellness communities are facilitated by Zorba. | wearezorba.com | Chennai, India | ||
Limited information available | rmkmventures.tcc.mode | Hyderabad, India | ||
Chain of yoga studios | 2013 | sarva.com | Mumbai, India | |
SK Shashi Kumar | Angel investor and tech leader, ex-Google, focused on Indian startups | unknown_40d51b857ea24b08a | ||
AK Anuj Kalra | unknown_2506165da3b24e57a | |||
AG Arun Ganapathy | unknown_394be107ac194dcea | |||
CS Chirag Shah | Angel investor, ex-Amazon, focused on early-stage Indian startups | unknown_36525b148d8b497ab |
Investor details for Oga
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Qvady Technologies Private Limited (Oga)
Qvady Technologies Private Limited is the primary company behind Oga. The board of Qvady Technologies Private Limited currently have 2 directors; the longest-serving is Ashish Rawath, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashish Rawath DIN 07503528 | Director | 28 Mar 2017 | 9 yrs 6 mo | Qvady Technologies Private Limited |
| Mohammed Ibrahim DIN 07472866 | Director | 28 Sep 2023 | 3 yrs | Qvady Technologies Private Limited |
People of Oga
2 people are tracked at Oga (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ashish Rawat | Founder | Leadership |
Maximilian Mezzomo | Co-Founder | Leadership |
Complete people profiles for Oga
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Financials of Oga
Figures of Qvady Technologies Private Limited, the primary company behind Oga, for FY 2022. Revenue was ₹12.5 Lakh (+442% year on year). Net loss was -₹97.7 Lakh (-781% margin). EBITDA was -₹90.7 Lakh (-725% margin). Revenue has grown at a compounded annual rate of +16% over three years.
- ₹12.5 LakhRevenue · FY 2022 · +442% YoY
- -₹97.7 LakhNet loss · -781% margin
- -₹90.7 LakhEBITDA · -725% margin
- ₹1.7 LakhPaid-up capital
- +16%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Qvady Technologies Private Limited are on its company page.
Detailed financial statements for Oga
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Oga
4 dated milestones of Oga across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Oga is founded.
- Funding First funding round of $687K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $467K.
Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as Oga (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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Frequently Asked Questions about Oga
Oga was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Oga is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Oga is a funded company, having raised a total of $1.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $686.83K, raised on Nov 2019.
The primary company behind Oga, Qvady Technologies Private Limited, reported revenue of ₹12.5 Lakh for FY 2022, up 442% year on year.
Oga was founded in 2017 in Bengaluru, India, as a mobile-based platform focused on dance education. Online classes for developing dance skills are offered through its iOS app. The service operates in the edtech sector, targeting users interested in accessible dance training. Core activities center on digital delivery of instructional content from Bengaluru.
Oga has 64 investors. Key investors include 100Unicorns, Sarva, Joyance Partners, Shashi Kumar, and Anuj Kalra.
The valuation of Oga is $3.14M as of Sep 2020.
Oga operates through Qvady Technologies Private Limited.
The legal entities of Oga currently have 2 directors, including Mohammed Ibrahim, Ashish Rawath.