About Portl
Portl is a Healthcare company based in Hyderabad (India) founded in 2021 by Armaan Kandhari, Vishal Chandapeta, and Indraneel Gupta. Smart home gym devices with built-in personal trainers are provided. It operates on a Direct-to-Consumer (D2C) model. Portl has raised $4.2 million across 3 funding rounds from investors including T-Hub, Bharat Fund and Kalaari Capital. The company has 10 employees. Portl was last valued at $9.7 million in October 2023. Its chief executive, as recorded, is Indraneel Gupta. Its website portl.co draws about 26 thousand monthly visits. Its Indian entity Rainvi Technologies Private Limited reported revenue of ₹1.52 Cr. Portl offers products and services including Ultragym and Portl Studio. Its focus areas include Consumer Goods, Fitness Equipment and Home Gym Systems.
Company details
Fitness and wellness solutions are developed by Portl for various spaces. Innovative products like Ultragym and Portl Studio are offered, focusing on portable and technology-driven home gym systems. The consumer fitness sector is targeted, with an emphasis on accessible strength training and personal coaching features. Experience centers in Hyderabad and Delhi are maintained for customer engagement.
- Headquarters Hyderabad, India
- Employees 10
- Founders Armaan Kandhari, Vishal Chandapeta, Indraneel Gupta
- Stage Minicorn
- SectorsHealthcare
- Website category Health · Nutrition Diets and Fitness
- Email••••••••
- Phone•••• ••••
- Website portl.co
- Social LinkedIn Facebook Instagram
- Legal Name Rainvi Technologies Private Limited
- Date of Incorporation 22 Mar, 2021
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.52 Cr
FY 2025 · +331% YoY
- Net Loss-₹3.76 Cr
FY 2025 · -247% margin
- EBITDA-₹3.27 Cr
FY 2025 · -215% margin
- Total Equity Funding$4.2M (USD)
in 3 rounds
- Latest Funding Round$3M (USD), Series A
Oct 2023
- InvestorsT-Hub
& 6 more
- Employee Count10
Associated legal entities of Portl
Portl operates through Rainvi Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rainvi Technologies Private Limited CIN U72900TG2021PTC149917 | Active | 22 Mar 2021 | Hyderabad, Telangana | ₹1.5 Cr | 10 | 4 | View details |
Products & Services of Portl
Portl offers a comprehensive portfolio of products and services, including Ultragym and Portl Studio.
Portable strength training system for all fitness levels.
Home gym with integrated personal training features.
Funding Insights of Portl
Portl has successfully raised a total of $4.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in October 2023. 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 $4.2M
- Total Rounds 3
- Last Round Series A — $3M
- First Round $1.01M
(Jun 2021)
- Investors Count 7
All 3 funding rounds of Portl 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 |
|---|---|---|---|---|---|
| Oct 2023 | $3M | Series A | $9.7M | Bharat Innovation Fund | |
| Jan 2023 | $183,942 | Angel Round | – | Aman Gupta, Peyush Bansal | – |
| Jun 2021 | $1.01M | Seed | $4.17M | Kalaari Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2023 | $9.7M | •••••••• |
| Jun 2021 | $4.17M | •••••••• |
Last known valuation $9.7M (Oct 2023). 7 investors in total: 3 institutional and 4 angel.
Investors in Portl
Portl has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include T-Hub, Bharat Fund and Kalaari Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Funding for IP-driven deep-tech and digitization-led inclusive solutions. | 2017 | bharat.fund | Ahmedabad, India | |
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development. | 2015 | t-hub.co | Hyderabad, India | |
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
SG Sukhdev Goud | unknown_dbaa701acb754a319 | |||
AG Aman Gupta | Co-founder of boAt, Shark Tank India judge, active angel investor | unknown_51463cf3f0174c6c9 | ||
PB Peyush Bansal | Founder of Lenskart, prominent angel investor, Shark Tank India judge | unknown_44c2b9a9c45d4235a | ||
NT Namita Thapar | Executive Director at Emcure Pharmaceuticals, angel investor, Shark Tank India judge | unknown_8d95f2a132e547b48 |
Investor details for Portl
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Rainvi Technologies Private Limited (Portl)
Rainvi Technologies Private Limited is the primary company behind Portl. The board of Rainvi Technologies Private Limited currently have 4 directors; the longest-serving is Indraneel Gupta, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Indraneel Gupta DIN 07110771 | Director | 22 Mar 2021 | 5 yrs 7 mo | Rainvi Technologies Private Limited |
| Vishal Chandapeta DIN 03309427 | Director | 22 Mar 2021 | 5 yrs 7 mo | Rainvi Technologies Private Limited |
| Banda Vamshi Krishna Reddy DIN 00458827 | Director | 18 Jun 2021 | 5 yrs 4 mo | Rainvi Technologies Private Limited |
| Ashwin Raguraman DIN 00879680 | Nominee Director | 29 Dec 2023 | 2 yrs 9 mo | Rainvi Technologies Private Limited |
People of Portl
5 people are tracked at Portl (4 in leadership, 1 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Armaan Kandhari | Co-Founder & COO | Leadership |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Ravi Mantha | Director | Leadership |
Shikha Kumari | Talent Acquisition Specialist | Team |
Complete people profiles for Portl
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Portl
Figures of Rainvi Technologies Private Limited, the primary company behind Portl, for FY 2025. Revenue was ₹1.52 Cr (+331% year on year). Net loss was -₹3.76 Cr (-247% margin). EBITDA was -₹3.27 Cr (-215% margin). Revenue has grown at a compounded annual rate of +177% over three years.
- ₹1.52 CrRevenue · FY 2025 · +331% YoY
- -₹3.76 CrNet loss · -247% margin
- -₹3.27 CrEBITDA · -215% margin
- ₹99.8 LakhPaid-up capital
- 10Employees (provident fund records)
- +177%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rainvi Technologies Private Limited are on its company page.
Detailed financial statements for Portl
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 Portl
4 dated milestones of Portl across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Portl is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.0M.
Web traffic of Portl
The website of Portl (portl.co) receives about 25.6K visits a month and ranks #1,141,764 among all websites worldwide, #3,508 in Nutrition Diets and Fitness.
- Monthly visits25.6K
▲ 39.8% vs previous month
- Unique visitors8.6K
per month
- Global rank#1,141,764
among all websites
- Category rank#3,508
Health · Nutrition Diets and Fitness
- Bounce rate47%
- Pages per visit3.2
- Average visit1 min 51 sec
- DevicesDesktop 10% · Mobile 90%
Websites whose visitors overlap most with Portl. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aroleap.com | 100% | 56.2K | #517,945 | View details | |
cultstore.com | cultstore.com | 97% | #20,625 | – | |
| guardian.in | 37% | 916.3K | #56,966 | View details | |
| lodhisport.com | 28% | #4,668,932 | View details |
Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as Portl (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 Portl
Complete news archive for Portl
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Frequently Asked Questions about Portl
Portl was founded in 2021.
Portl is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Indraneel Gupta is the CEO of Portl, as recorded in our data. They have also founded this company.
Portl is a funded company, having raised a total of $4.2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.01M, raised on Jun 2021.
Portl has 10 employees.
The primary company behind Portl, Rainvi Technologies Private Limited, reported revenue of ₹1.52 Cr for FY 2025, up 331% year on year.
Fitness and wellness solutions are developed by Portl for various spaces. Innovative products like Ultragym and Portl Studio are offered, focusing on portable and technology-driven home gym systems. The consumer fitness sector is targeted, with an emphasis on accessible strength training and personal coaching features. Experience centers in Hyderabad and Delhi are maintained for customer engagement.
Portl offers Ultragym and Portl Studio.
Portl has 7 investors. Key investors include T-Hub, Bharat Fund, Kalaari Capital, Sukhdev Goud, and Aman Gupta.
The valuation of Portl is $9.7M as of Oct 2023.
Portl operates through Rainvi Technologies Private Limited.
The legal entities of Portl currently have 4 directors, including Banda Vamshi Krishna Reddy, Indraneel Gupta, Vishal Chandapeta and others.