About Schwinn Fitness
Schwinn Fitness is a company based in Bengaluru (India) founded in 1997 was acquired by Johnson Health Tech in May 2024.. Schwinn Fitness offers products and services including IC4 Bike, IC3 Bike, Airdyne Bikes, Recumbent Bikes, and Upright Bikes. Schwinn Fitness operates in a competitive market with competitors including Peloton, Wahoo Fitness, Echelon, Technogym and Volava, among others.
- Headquarter Bengaluru, India
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Johnson Health Tech Retail, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Johnson Health Tech
(May 30, 2024)
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Products & Services of Schwinn Fitness
Schwinn Fitness offers a comprehensive portfolio of products and services, including IC4 Bike, IC3 Bike, Airdyne Bikes, Recumbent Bikes, and Upright Bikes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Indoor bike for home cardio workouts with advanced features.
Indoor bike model for effective fitness routines.
Full-body workout bikes with resistance mechanisms.
Comfortable seated bikes for low-impact exercise.
Standard bikes for upright cardiovascular training.
Low-impact machines for full-body workouts.
Treadmill for running and walking exercises at home.
Funding Insights of Schwinn Fitness
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Schwinn Fitness
Schwinn Fitness has secured backing from 1 investor. Prominent investors backing the company include JohnsonHealthTech. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Health technology solutions and equipment services in the healthcare sector.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Schwinn Fitness
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Schwinn Fitness
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Schwinn Fitness Comparisons
Competitors of Schwinn Fitness
Schwinn Fitness 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 Peloton, Wahoo Fitness, Echelon, Technogym and Volava, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Smart fitness equipment and streaming platforms are provided.
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Fitness equipment is offered via an online platform.
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| domain | founded_year | HQ Location |
Smart indoor exercise bikes and live training classes are provided.
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| domain | founded_year | HQ Location |
Provider of cloud-based smart gym equipment and software
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| domain | founded_year | HQ Location |
Indoor training cycles are provided via a connected fitness platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Schwinn Fitness
Frequently Asked Questions about Schwinn Fitness
When was Schwinn Fitness founded?
Schwinn Fitness was founded in 1997.
Where is Schwinn Fitness located?
Schwinn Fitness is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What does Schwinn Fitness do?
Schwinn Fitness was founded in 1997 and is based in Bengaluru, India. Smart cycling bikes are produced alongside a connected app in the fitness technology sector. The app is synced with bikes to record training data, workouts, and personal information. Connections with coaches are facilitated through an online portal. Virtual tracks for running and cycling are also provided to users.
Who are the top competitors of Schwinn Fitness?
Schwinn Fitness's top competitors include Peloton, Wahoo Fitness and Echelon.
What products or services does Schwinn Fitness offer?
Schwinn Fitness offers IC4 Bike, IC3 Bike, Airdyne Bikes, Recumbent Bikes, and 3 more products and services.
Who are Schwinn Fitness's investors?
Schwinn Fitness has 1 investor. Key investors include JohnsonHealthTech.