About Shyft
Shyft is a company based in Gurugram (India) founded in 2019 by Pankaj Chaddah and Pooja Khanna. It operates as a Direct-to-Consumer (D2C) and Subscription Services. Shyft has raised $6.68 million across 3 funding rounds from investors including Anicut Capital, Capier Investments and Scale Ventures. The company has 56 employees as of April 01, 2024. Shyft offers products and services including Plant Protein Isolate and Nutrition Consultations. Shyft operates in a competitive market with competitors including Cult.fit, EGYM, Flexifyme, CoachUp and Ritual, among others.
- Headquarter Gurugram, India
- Employees 56 as on 01 Apr, 2024
- Founders Pankaj Chaddah, Pooja Khanna
- Stage Minicorn
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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 Blacktail Mindhouse Inc.
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$643.06 K (USD)16.79as on Mar 31, 2023
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Net Profit
-$1.49 M (USD)4.98as on Mar 31, 2023
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EBITDA
-$2.32 M (USD)-27.61as on Mar 31, 2023
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Total Equity Funding
$6.68 M (USD)
in 3 rounds
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Latest Funding Round
$5.98 M (USD), Seed
Nov 25, 2021
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Investors
Anicut Capital
& 19 more
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Employee Count
56
as on Apr 01, 2024
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Products & Services of Shyft
Shyft offers a comprehensive portfolio of products and services, including Plant Protein Isolate and Nutrition Consultations.
Plant-based protein powder with natural ingredients is offered.
Personalized nutrition plans are provided by expert nutritionists.
Funding Insights of Shyft
Shyft has successfully raised a total of $6.68M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $5.98 million completed in November 2021. 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.
Investors in Shyft
Shyft has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Anicut Capital, Capier Investments and Scale Ventures.
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Investor details for Shyft
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Investments & Acquisitions by Shyft
Investment portfolio details for Shyft
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Financial Statements - Shyft
Detailed financials for Shyft
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Shyft Comparisons
Peer comparison for Shyft
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Competitors of Shyft
Shyft 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 Cult.fit, EGYM, Flexifyme, CoachUp and Ritual, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
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Provider of smart exercising equipment and mobile-based app for trainers and individuals
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Provider of a digital healthcare platform offering AI-powered physiotherapy and yoga programs
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Online marketplace connecting athletes with private sports coaches is provided.
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Online guided courses for mental and physical health are provided.
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Detailed competitors of Shyft
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Latest news on Shyft
Complete news archive for Shyft
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Frequently Asked Questions about Shyft
Shyft was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Shyft is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Shyft is a funded company, having raised a total of $6.68M across 3 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Shyft is 56.
Annual revenue of Shyft is $643.06K as on Mar 31, 2023.
Shyft is engaged in providing high-quality health and wellness solutions. Products such as Plant Protein Isolate are developed with natural ingredients and minimal formulations. Services include personalized nutrition consultations offered globally. The company operates in the healthcare and wellness sector, emphasizing community-driven feedback and rigorous testing by global experts to ensure maximum impact and quality for customers.
Shyft offers Plant Protein Isolate and Nutrition Consultations.
Shyft has 20 investors. Key investors include Anicut Capital, Capier Investments, Scale Ventures, Mehroo Jeejeebhoy Investments, and Three State Capital.
The valuation of Shyft is $22.03M as of Nov 2021.