About Smit.fit
Smit.fit is a Healthcare company based in Mumbai (India) founded in 2020 by Sujit Chakrabarty. Provider of diet and fitness training and monitoring app. Smit.fit has raised $1.1 million across 3 funding rounds from investors including M-Venture Partners, Ramesh Mangaleswaran and Samiran Ghosh. The company has 46 employees. Smit.fit was last valued at $5.03 million in June 2021. Its chief executive, as recorded, is Sujit Chakrabarty. Its focus areas include HealthTech, Fitness & Wellness Tech, Physical Fitness and Fitness and Diet Training Apps. Its legal entity in India is Agsc Technologies Private Limited (U72900MH2020PTC340217). Its competitors include BeatO and furo.fit; 2 of its 2 listed competitors have raised funding.
Company details
Founded in 2020 in Mumbai, India, Smit.fit operates in the health technology sector. An app is developed to support navigation of chronic health conditions through personalized diet and fitness plans. Access to workout routines, yoga asanas, healthy recipes, and data tracking for statistics is included. Solutions are generated based on user inputs regarding nutrition, workouts, lifestyle, and health needs.
- Headquarters Mumbai, India
- Employees 46
- Founders Sujit Chakrabarty
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website smit.fit
- Social LinkedIn Facebook
- Legal Name Agsc Technologies Private Limited
- Date of Incorporation 03 Jun, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹62,345
FY 2025 · -100% YoY
- Net Loss-₹4.1 Lakh
FY 2025 · -659% margin
- EBITDA-₹4.1 Lakh
FY 2025 · -658% margin
- Total Equity Funding$1.1M (USD)
in 3 rounds
- Latest Funding Round$610.6K (USD), Seed
Jun 2021
- InvestorsM-Venture Partners
& 15 more
- Employee Count46
Associated legal entities of Smit.fit
Smit.fit is associated with 2 registered companies on The Company Check; the primary company is Agsc Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Agsc Technologies Private Limited CIN U72900MH2020PTC340217 | Under Liquidation | 03 Jun 2020 | Mumbai, Maharashtra | ₹0.0 Cr | 46 | 2 | View details |
| Medvital Healthcare India Private Limited CIN U86909MH2023FTC409492 | Active | 28 Aug 2023 | Mumbai, Maharashtra | ₹1.5 Cr | 46 | 4 | View details |
Funding Insights of Smit.fit
Smit.fit has successfully raised a total of $1.1M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $610.6 thousand completed in June 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.
- Total Funding $1.1M
- Total Rounds 3
- Last Round Seed — $610,599
- First Round $415,214
(Jul 2020)
- Investors Count 16
All 3 funding rounds of Smit.fit 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 |
|---|---|---|---|---|---|
| Jun 2021 | $610,599 | Seed | $5.03M | MVP | |
| Nov 2020 | $73,738 | Angel Round | $4.14M | Porus Farrok Kaka | |
| Jul 2020 | $415,214 | Angel Round | $••••• | Anand Deshpande |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $5.03M | •••••••• |
| Nov 2020 | $4.14M | •••••••• |
| Jul 2020 | $••••• | •••••••• |
Full valuation and stage history of Smit.fit
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $5.03M (Jun 2021). 16 investors in total: 1 institutional and 15 angel.
Investors in Smit.fit
Smit.fit has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include M-Venture Partners, Ramesh Mangaleswaran and Samiran Ghosh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in innovative startup ventures by MVP. | m-venturepartners.com | Singapore, Singapore | ||
RM Ramesh Mangaleswaran | unknown_bb3e1c84e802401c9 | |||
SG Samiran Ghosh | unknown_9f87b354c1d44f2eb | |||
MM Meeta Mehra | unknown_22b25b46f23c4deb8 | |||
MM Manu Mahmud Parpia | unknown_b93ab18d9200473bb | |||
MY Meenal Yamsanwar | unknown_31b32b133f5745918 | |||
DT Deepti Tamhane | unknown_ec3b1d93dcf146c3a | |||
KP Keshab Panda | Angel investor, tech leader, ex-L&T Infotech CEO, focused on innovation | unknown_e662eb3586b8418ca | ||
RM Ramesh Mangaleswaran | Angel investor, ex-McKinsey partner, focused on tech and social impact startups. | unknown_d6e2d8f58b7941978 | ||
AD Anand Deshpande | Founder of Persistent Systems, active angel investor in Indian tech startups | unknown_cac3f223f05b46ccb |
Investor details for Smit.fit
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Board of directors of Agsc Technologies Private Limited (Smit.fit)
Agsc Technologies Private Limited is the primary company behind Smit.fit. The boards of the 2 registered companies of Smit.fit currently have 4 directors; the longest-serving is Sujit Ranjit Chakrabarty, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sujit Ranjit Chakrabarty DIN 08752063 | Director | 03 Jun 2020 | 6 yrs 4 mo | Agsc Technologies Private Limited, Medvital Healthcare India Private Limited |
| Durga Prasad Kota DIN 07025398 | Director | 29 Nov 2023 | 2 yrs 10 mo | Agsc Technologies Private Limited, Medvital Healthcare India Private Limited |
| Chandra Sekhar Chivukula DIN 07578103 | Director | 27 Mar 2025 | 1 yr 6 mo | Medvital Healthcare India Private Limited |
| Arati Kiran Joshi DIN 11022921 | Director | 27 Mar 2025 | 1 yr 6 mo | Medvital Healthcare India Private Limited |
People of Smit.fit
3 people are tracked at Smit.fit (2 in leadership, 1 in team); the tracked headcount is 46.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Rinku Agarwal Basu | Chief Operating Officer | Leadership |
Ketaki Manthalkar | Health Navigator | Team |
Complete people profiles for Smit.fit
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Financials of Smit.fit
Figures of Agsc Technologies Private Limited, the primary company behind Smit.fit, for FY 2025. Revenue was ₹62,345 (-100% year on year). Net loss was -₹4.1 Lakh (-659% margin). EBITDA was -₹4.1 Lakh (-658% margin). Revenue has grown at a compounded annual rate of -74% over three years.
- ₹62,345Revenue · FY 2025 · -100% YoY
- -₹4.1 LakhNet loss · -659% margin
- -₹4.1 LakhEBITDA · -658% margin
- ₹8.2 LakhPaid-up capital
- 46Employees (provident fund records)
- -74%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Agsc Technologies Private Limited are on its company page.
Detailed financial statements for Smit.fit
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Timeline of Smit.fit
4 dated milestones of Smit.fit across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Smit.fit is founded.
- Funding First funding round of $415K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $611K.
Competitors of Smit.fit
Smit.fit has 2 listed competitors in our database, 2 of them funded. They include BeatO and furo.fit.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| beatoapp.com | 2015 | Delhi, India | $50.83M | 93 | Smartphone-enabled glucometers and diabetes management apps are provided. | |
| furo.fit | 2014 | Bengaluru, India | $110,378 | Employee wellness programs are delivered via gamified platforms. |
Detailed competitors of Smit.fit
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Top companies in Fitness & Wellness Platforms
2 companies that operate in the same segment as Smit.fit (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 Smit.Fit
Complete news archive for Smit.fit
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Frequently Asked Questions about Smit.fit
Smit.fit was founded in 2020.
Smit.fit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sujit Chakrabarty is the CEO of Smit.fit, as recorded in our data. They have also founded this company.
Smit.fit is a funded company, having raised a total of $1.1M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $415.21K, raised on Jul 2020.
Smit.fit has 46 employees.
The primary company behind Smit.fit, Agsc Technologies Private Limited, reported revenue of ₹62,345 for FY 2025, down 100% year on year.
Founded in 2020 in Mumbai, India, Smit.fit operates in the health technology sector. An app is developed to support navigation of chronic health conditions through personalized diet and fitness plans. Access to workout routines, yoga asanas, healthy recipes, and data tracking for statistics is included. Solutions are generated based on user inputs regarding nutrition, workouts, lifestyle, and health needs.
Smit.fit has 16 investors. Key investors include M-Venture Partners, Ramesh Mangaleswaran, Samiran Ghosh, Meeta Mehra, and Manu Mahmud Parpia.
The valuation of Smit.fit is $5.03M as of Jun 2021.
Smit.fit is associated with 2 legal entities: Agsc Technologies Private Limited, Medvital Healthcare India Private Limited.
The legal entities of Smit.fit currently have 4 directors, including Durga Prasad Kota, Sujit Ranjit Chakrabarty, Chandra Sekhar Chivukula and others.