About Tropic Innovation
Tropic Innovation is a company based in Indore (India) founded in 2023. It operates as a B2C and D2C. Tropic Innovation offers products and services including Lazy Workout, Wall Pilates, Standing Abs Workout, and Pilates Workout. Tropic Innovation operates in a competitive market with competitors including IFit, Zwift, Fitterfly, Kaia Health and Keleya, among others.
- Headquarter Indore, India
- SectorsHealthcare
- Website tropicinnovation.com
- Legal Name Tropic Innovation Private Limited
- Date of Incorporation 01 Nov, 2023
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹3.04 Cr
FY 2025
- Net Profit₹1.65 Cr
FY 2025 · 54% margin
- EBITDA₹2.20 Cr
FY 2025 · 72% margin
Associated legal entities of Tropic Innovation
Tropic Innovation operates through Tropic Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tropic Innovation Private Limited CIN U66309MP2023PTC068440 | Active | 01 Nov 2023 | Indore, Madhya Pradesh | ₹3.0 Cr | – | 3 | View details |
Products & Services of Tropic Innovation
Tropic Innovation offers a comprehensive portfolio of products and services, including Lazy Workout, Wall Pilates, Standing Abs Workout, and Pilates Workout.
App for bed-based exercises to achieve fitness goals easily.
App providing home Pilates workouts with instructional videos.
App for standing abdominal exercises at home for core strength.
App offering various Pilates routines for full-body fitness.
Apps and channels of Tropic Innovation
Tropic Innovation publishes 4 mobile apps with over 1M+ downloads.
Board of directors of Tropic Innovation Private Limited (Tropic Innovation)
Tropic Innovation Private Limited is the primary company behind Tropic Innovation. The board of Tropic Innovation Private Limited currently have 3 directors; the longest-serving is Padmakar Patil, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Padmakar Patil DIN 10377386 | Managing Director | 01 Nov 2023 | 2 yrs 11 mo | Tropic Innovation Private Limited |
| Aaditya Pathak DIN 10377387 | Managing Director | 01 Nov 2023 | 2 yrs 11 mo | Tropic Innovation Private Limited |
| Ishan Mawane DIN 10377388 | Managing Director | 01 Nov 2023 | 2 yrs 11 mo | Tropic Innovation Private Limited |
Financials of Tropic Innovation
Figures of Tropic Innovation Private Limited, the primary company behind Tropic Innovation, for FY 2025. Revenue was ₹3.04 Cr. Net profit was ₹1.65 Cr (54% margin). EBITDA was ₹2.20 Cr (72% margin).
- ₹3.04 CrRevenue · FY 2025
- ₹1.65 CrNet profit · 54% margin
- ₹2.20 CrEBITDA · 72% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Tropic Innovation Private Limited are on its company page.
Detailed financial statements for Tropic Innovation
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Tropic Innovation
Tropic Innovation 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 IFit, Zwift, Fitterfly, Kaia Health and Keleya, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ifit.com | 1977 | Logan, United States | $755M | – | Smart interactive fitness equipment and training services are provided. | |
| zwift.com | 2014 | Long Beach, United States | $597M | 316 | Gamified indoor cycling training is delivered via an app-based platform. | |
| fitterfly.com | 2016 | Mumbai, India | $29.9M | 225 | A mobile app is offered for managing multiple chronic diseases. | |
| kaiahealth.com | 2016 | New York, United States | $119.06M | 43 | Provider of digital musculoskeletal pain management solutions | |
| keleya.de | 2017 | Hamburg, Germany | $3.48M | 18 | App offering exercise and yoga plans for pregnant women | |
| waybetter.app | 2011 | New York, United States | $9.61M | – | Provider of gamified health and wellness programs | |
| finc.com | 2012 | Tokyo, Japan | $17.46M | – | Online weight-loss programs are delivered via smartphone apps. | |
| rouvy.com | 2016 | Strakonice, Czech Republic | $6M | – | Indoor cycling simulations are offered via web-based application for training. |
Detailed competitors of Tropic Innovation
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tropic Innovation
The website of Tropic Innovation (tropicinnovation.com) receives about 6.2K visits a month.
- Monthly visits6.2K
▲ 721.1% vs previous month
Similar companies to Tropic Innovation
10 companies that operate in the same segment as Tropic Innovation (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 | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Tropic Innovation
Tropic Innovation was founded in 2023.
Tropic Innovation is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
The primary company behind Tropic Innovation, Tropic Innovation Private Limited, reported revenue of ₹3.04 Cr for FY 2025.
Tropic Innovation creates IT solutions that blend technology with fitness and wellness, offering apps for home-based exercises and digital transformations. The company focuses on user-friendly platforms with features like guided workouts and customizable applications, empowering individuals through seamless experiences. Drawing from user reviews, it emphasizes practical, effective tools for healthy living, though specific locations are not detailed.
Tropic Innovation's top competitors include IFit, Fitterfly and Kaia Health.
Tropic Innovation offers Lazy Workout, Wall Pilates, Standing Abs Workout, and Pilates Workout.
Tropic Innovation operates through Tropic Innovation Private Limited.
The legal entities of Tropic Innovation currently have 3 directors, including Padmakar Patil, Aaditya Pathak, Ishan Mawane.
Yes. Tropic Innovation publishes Standing Abs Workout At Home and 3 more apps, with over 1 million downloads.