About Sugarfit
Sugarfit is a Healthcare company based in Bengaluru (India) founded in 2021 by Shivtosh Kumar and Somasundaram Madan. Diabetes care and reversal programs are provided to patients. It operates on a HealthTech model in Healthcare and Technology sectors. Sugarfit has raised $26.7 million across 4 funding rounds from investors including Cult.fit, Endiya Partners and B Capital. The company has 677 employees. Sugarfit was last valued at $65.79 million in March 2024. Its website sugarfit.com draws about 159 thousand monthly visits. Sugarfit offers products and services including Diabetes Care Program. Its focus areas include Diabetes Management and Care Programs. Its competitors include BeatO, Smit.fit and 7Sugar; 2 of its 3 listed competitors have raised funding.
Company details
Comprehensive diabetes management and reversal programs are offered by Sugarfit. Focus is placed on personalized care solutions for individuals. The healthcare sector is primarily targeted with innovative approaches. Support through clinics and educational content is also provided. Engagement with notable personalities for awareness is emphasized.
- Headquarters Bengaluru, India
- Employees 677
- Founders Shivtosh Kumar, Somasundaram Madan
- Stage Minicorn
- SectorsHealthcareTechnology
- Email••••••••
- Website sugarfit.com
- Social LinkedIn X Facebook
- Annual Revenue$5.07 M (USD)148as on Mar 31, 2024
- Net Profit-$5.67 M (USD)-52as on Mar 31, 2024
- EBITDA-$5.25 M (USD)-51as on Mar 31, 2024
- Total Equity Funding$26.7M (USD)
in 4 rounds
- Latest Funding Round$702.12K (USD), Angel Round
Apr 2025
- InvestorsCult.fit
& 18 more
- Employee Count677
Associated legal entities of Sugarfit
Sugarfit is associated with 4 registered companies on The Company Check. 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 |
|---|---|---|---|---|---|---|---|
| Ragus Healthcare Private Limited CIN U85100KA2021PTC151124 | Active | 27 Aug 2021 | Bangalore, Karnataka | ₹75.1 Cr | 350 | 3 | View details |
| Diverse Retails Private Limited CIN U74999KA2016PTC098488 | Active | 15 Dec 2016 | Bangalore, Karnataka | ₹289 Cr | 100 | 2 | View details |
| Healthface Private Limited CIN U74999KA2016PTC098272 | Active | 06 Dec 2016 | Bangalore, Karnataka | ₹0.2 Cr | 12 | 2 | View details |
| Curefit Healthcare Private Limited CIN U74999TN2016PTC176669 | Active | 24 May 2016 | Chennai, Tamil Nadu | ₹1,272 Cr | 220 | 6 | View details |
Products & Services of Sugarfit
Sugarfit offers a comprehensive portfolio of products and services, including Diabetes Care Program.
A program for diabetes care and reversal is offered.
Funding Insights of Sugarfit
Sugarfit has successfully raised a total of $26.7M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $702.12 thousand completed in April 2025. 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 $26.7M
- Total Rounds 4
- Last Round Angel Round — $702,124
- First Round $10M
(Sep 2021)
- Investors Count 19
All 4 funding rounds of Sugarfit 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 |
|---|---|---|---|---|---|
| Apr 2025 | $702,124 | Angel Round | – | Sachin Ramesh Tendulkar | – |
| Mar 2024 | $5M | Series A | $65.79M | B Capital | |
| Oct 2023 | $11M | Series A | $56.88M | MassMutual Ventures | |
| Sep 2021 | $10M | Seed | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2024 | $65.79M | •••••••• |
| Oct 2023 | $56.88M | •••••••• |
| Sep 2021 | $••••• | •••••••• |
Full valuation and stage history of Sugarfit
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 $65.79M (Mar 2024). 19 investors in total: 5 institutional and 14 angel.
Investors in Sugarfit
Sugarfit has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Cult.fit, Endiya Partners and B Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
Corporate-backed venture capital fund | massmutualventures.com | Boston, United States | ||
Independent VC firm | tanglinvp.com | Singapore, Singapore | ||
Early-stage venture capital investing in AI, deep tech, healthcare, and fintech startups. | 2015 | endiya.com | Hyderabad, India | |
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | cult.fit | Bengaluru, India | |
BH Bishnu Hazari | unknown_754810e04bca41f7b | |||
AG Ankit Gupta | unknown_61712ae9134043178 | |||
SD Shamik Das Sharma | unknown_7bf58108d5144e55b | |||
KC Kunal Chourasia | unknown_3aa1d2da67f24aa28 | |||
NK Naresh Krishnaswamy | unknown_88d81c979fd040369 |
Investor details for Sugarfit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Sugarfit
The boards of the 4 registered companies of Sugarfit currently have 12 directors; the longest-serving is Mukesh Bansal, appointed in 2016. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Bansal DIN 01755822 | Director | 24 May 2016 | 10 yrs 5 mo | Curefit Healthcare Private Limited |
| Vani Kola DIN 01827653 | Director | 09 Jul 2016 | 10 yrs 3 mo | Curefit Healthcare Private Limited |
| Sudhir Kumar Sethi DIN 00058105 | Director | 09 Jul 2016 | 10 yrs 3 mo | Curefit Healthcare Private Limited |
| Devangam Nagaraju Kishore Kumar DIN 07678288 | Director | 15 Dec 2016 | 9 yrs 10 mo | Diverse Retails Private Limited |
| Subrata Mitra DIN 00570124 | Nominee Director | 29 Aug 2018 | 8 yrs 1 mo | Curefit Healthcare Private Limited |
| Vishesh Shrivastav DIN 02159016 | Director | 31 Mar 2020 | 6 yrs 6 mo | Curefit Healthcare Private Limited |
| Madan Somasundaram DIN 08087854 | Director | 27 Aug 2021 | 5 yrs 2 mo | Ragus Healthcare Private Limited, Healthface Private Limited |
| Prabhakar Sunder DIN 03138708 | Director | 26 Jun 2023 | 3 yrs 4 mo | Diverse Retails Private Limited |
| Santhosh Kumar Jayaprakash DIN 10364534 | Director | 27 Oct 2023 | 3 yrs | Healthface Private Limited |
| Ramesh Babu Byrapaneni DIN 00617318 | Nominee Director | 21 Mar 2024 | 2 yrs 7 mo | Ragus Healthcare Private Limited |
| Shivtosh Kumar DIN 10566525 | Director | 19 Apr 2024 | 2 yrs 6 mo | Ragus Healthcare Private Limited |
| Naresh Krishnaswamy DIN 07912698 | Additional Director | 08 Oct 2024 | 2 yrs | Curefit Healthcare Private Limited |
People of Sugarfit
2 people are tracked at Sugarfit (2 in leadership); the tracked headcount is 677.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Sugarfit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Sugarfit
Figures of Ragus Healthcare Private Limited, the primary company behind Sugarfit, for FY 2025. Revenue was ₹75.07 Cr (+79% year on year). Net loss was -₹41.92 Cr (-56% margin). EBITDA was -₹36.79 Cr (-49% margin). Revenue has grown at a compounded annual rate of +193% over three years.
- ₹75.07 CrRevenue · FY 2025 · +79% YoY
- -₹41.92 CrNet loss · -56% margin
- -₹36.79 CrEBITDA · -49% margin
- ₹7.78 CrPaid-up capital
- 350Employees (provident fund records)
- +193%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ragus Healthcare Private Limited are on its company page.
Detailed financial statements for Sugarfit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Sugarfit
4 dated milestones of Sugarfit across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Sugarfit is founded.
- Funding First funding round of $10.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $702K.
Competitors of Sugarfit
Sugarfit has 3 listed competitors in our database, 2 of them funded. They include BeatO, Smit.fit and 7Sugar.
| 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. | |
| smit.fit | 2020 | Mumbai, India | $1.1M | 46 | Provider of diet and fitness training and monitoring app | |
| 7sugar.com | 2018 | Bengaluru, India | Online teleconsultation platform for diabetes management is provided. |
Detailed competitors of Sugarfit
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Web traffic of Sugarfit
The website of Sugarfit (sugarfit.com) receives about 159K visits a month.
- Monthly visits159K
▼ 11.5% vs previous month
Websites whose visitors overlap most with Sugarfit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| beatoapp.com | 100% | 148K | #268,186 | View details | |
nveda.in | nveda.in | 90% | #121,935 | – | |
| floryo.com | 86% | 6.7K | #1,921,872 | View details | |
| thetruepal.com | 57% | 680.7K | View details | ||
| asknestle.in | 52% | #301,017 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Sugarfit
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Related news about Sugarfit
Complete news archive for Sugarfit
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Frequently Asked Questions about Sugarfit
Sugarfit was founded in 2021.
Sugarfit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sugarfit is a funded company, having raised a total of $26.7M across 4 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Sep 2021.
Sugarfit has 677 employees.
Annual revenue of Sugarfit is $5.07M as on Mar 31, 2024.
Comprehensive diabetes management and reversal programs are offered by Sugarfit. Focus is placed on personalized care solutions for individuals. The healthcare sector is primarily targeted with innovative approaches. Support through clinics and educational content is also provided. Engagement with notable personalities for awareness is emphasized.
Sugarfit offers Diabetes Care Program.
Sugarfit has 19 investors. Key investors include Cult.fit, Endiya Partners, B Capital, MassMutual Ventures, and Tanglin Venture Partners.
The valuation of Sugarfit is $65.79M as of Mar 2024.
Sugarfit is associated with 4 legal entities: Ragus Healthcare Private Limited, Healthface Private Limited, Diverse Retails Private Limited and others.
The legal entities of Sugarfit currently have 12 directors, including Ramesh Babu Byrapaneni, Shivtosh Kumar, Madan Somasundaram and others.