About Revofit
Revofit is a company based in Mumbai (India) founded in 2014 by Sanjay Ghai. It operates as a B2C. Revofit has raised $942.87 thousand across 1 funding round from investors including Marico and Ant Farm. The company has 28 employees. Revofit operates in a competitive market with competitors including Oviva, WW, Form Health, Season Health and Ayble Health, among others.
- Headquarter Mumbai, India
- Employees 28
- Founders Sanjay Ghai
- Stage Minicorn
- SectorsHealthcare
- Website revofit.com
- Social Facebook
- Legal Name Revolutionary Fitness Private Limited
- Date of Incorporation 19 Dec, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.92 Cr
FY 2020 · -16% YoY
- Net Loss-₹1.77 Cr
FY 2020 · -92% margin
- EBITDA-₹1.68 Cr
FY 2020 · -88% margin
- Total Equity Funding$942.87K (USD)
in 1 rounds
- Latest Funding Round$942.87K (USD), Seed
Oct 2017
- InvestorsMarico
& 1 more
- Employee Count28
Associated legal entities of Revofit
Revofit operates through Revolutionary Fitness Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Revolutionary Fitness Private Limited CIN U85100MH2014PTC260237 | Active | 19 Dec 2014 | Mumbai, Maharashtra | ₹1.9 Cr | 28 | 2 | View details |
Funding Insights of Revofit
Revofit has successfully raised a total of $942.87K through 1 strategic funding round. The most recent funding activity was a Seed round of $942.87 thousand completed in October 2017. 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 $942,871
- Total Rounds 1
- Last Round Seed — $942,871
- First Round $942,871
(Oct 2017)
- Investors Count 2
All 1 funding rounds of Revofit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Oct 2017 | $2.4M | •••••••• |
Last known valuation $2.4M (Oct 2017). 2 investors in total: 2 institutional.
Investors in Revofit
Revofit has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Marico and Ant Farm.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Marketing services are provided to clients from Mumbai base. | 2012 | antfarm.in | Mumbai, India | |
Health, beauty, and wellness consumer brands are manufactured. | 1990 | marico.com | Mumbai, India |
Investor details for Revofit
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Board of directors of Revolutionary Fitness Private Limited (Revofit)
Revolutionary Fitness Private Limited is the primary company behind Revofit. The board of Revolutionary Fitness Private Limited currently have 2 directors; the longest-serving is Ketan Bhanwarlal Jain, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ketan Bhanwarlal Jain DIN 07942127 | Nominee Director | 05 Oct 2018 | 8 yrs | Revolutionary Fitness Private Limited |
| Upen Roop Rai DIN 00044000 | Nominee Director | 26 Feb 2019 | 7 yrs 7 mo | Revolutionary Fitness Private Limited |
People of Revofit
1 people are tracked at Revofit (1 in leadership); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Revofit
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Financials of Revofit
Figures of Revolutionary Fitness Private Limited, the primary company behind Revofit, for FY 2020. Revenue was ₹1.92 Cr (-16% year on year). Net loss was -₹1.77 Cr (-92% margin). EBITDA was -₹1.68 Cr (-88% margin). Revenue has grown at a compounded annual rate of +266% over three years.
- ₹1.92 CrRevenue · FY 2020 · -16% YoY
- -₹1.77 CrNet loss · -92% margin
- -₹1.68 CrEBITDA · -88% margin
- ₹2 LakhPaid-up capital
- 28Employees (provident fund records)
- +266%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Revolutionary Fitness Private Limited are on its company page.
Detailed financial statements for Revofit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Revofit
3 dated milestones of Revofit across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Revofit is founded.
- Funding First funding round of $943K.
- Milestone Reaches Minicorn status.
Competitors of Revofit
Revofit 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 Oviva, WW, Form Health, Season Health and Ayble Health, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| oviva.com | 2014 | London, United Kingdom | $113.51M | 245 | Online platform for nutritional consultations is offered to patients. | |
| weightwatchers.com | 1963 | New York, United States | – | 7,125 | Personalized meal plans for weight loss management are provided. | |
| formhealth.co | 2019 | Boston, United States | $65.87M | 22 | Provider of expert-led personalized nutrition training for weight loss | |
| seasonhealth.com | 2019 | Austin, United States | $52M | 19 | Online platform offering dietician virtual consultation services | |
| ayblehealth.com | 2022 | Boston, United States | $4.6M | 10 | Provider of personalized nutrition and mental health programs for gut health | |
| avena.io | 2015 | Guadalajara, Mexico | – | – | App-based weight loss plans are generated with dietitian support. | |
| eatit.io | 2016 | Stockholm, Sweden | $567,557 | – | Online teleconsultation services with nutritionists are provided by Eatit. | |
| fitelo.co | 2016 | Sahibzada Ajit Singh Nagar, India | $1.7M | 1,036 | Diet plans for weight management are delivered via mobile app. |
Detailed competitors of Revofit
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Verified entity values are shown only after access is granted.
Latest news on Revofit
Complete news archive for Revofit
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Similar companies to Revofit
10 companies that operate in the same segment as Revofit (Fitness & Wellness Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 524.53 M | – | 1,046 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | – | – | |
Provider of SaaS-driven business management software for beauty salons and fitness centers | 2001 | San Luis Obispo, California, United States | USD 118.01 M | – | – | |
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 | – | |
Subscription-based marketplace for sports and fitness venues is offered. | 2012 | Berlin, Berlin, Germany | USD 198.07 M | – | – |
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Frequently Asked Questions about Revofit
Revofit was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Revofit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sanjay Ghai is the current CEO of Revofit. They have also founded this company.
Revofit is a funded company, having raised a total of $942.87K across 1 funding round to date. The company's 1st funding round was a Seed of $942.87K, raised on Oct 2017.
Revofit has 28 employees.
The primary company behind Revofit, Revolutionary Fitness Private Limited, reported revenue of ₹1.92 Cr for FY 2020, down 16% year on year.
Revofit, backed by 942871.0 from Marico, Ant Farm, focuses on promoting health and well-being, fitness, online training, and diet and nutrition. Delivers online fitness training solutions for diet and nutritional health management. Driving innovation, growth, and excellence in its industry sectors.
Revofit's top competitors include WW, Oviva and Form Health.
The valuation of Revofit is $2.4M as of Oct 2017.
Revofit operates through Revolutionary Fitness Private Limited.
The legal entities of Revofit currently have 2 directors, including Ketan Bhanwarlal Jain, Upen Roop Rai.