When was Areno founded?

Areno was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Areno located?

Areno is headquartered in Bengaluru, India. It is registered at E-703, Adarsh Rhythm, 71, Panduranga Nagar, off Bannerghatta Road Bangalore, Bangalore, Bangalore, Karnataka, India, 560076.

Who is the current CEO of Areno?

Nikhil Chhabra of Areno. They have also founded 1 company.

Which legal entities is Areno associated with?

Areno is associated with ARENO INNOVATIONS PRIVATE LIMITED.

How many employees does Areno have?

As of Jun 30, 2026, the latest employee count at Areno is 9.

Is Areno a funded company?

Areno is a funded company, having raised a total of $91.7K across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Mar 06, 2023.

How much is Areno worth?

The latest valuation of Areno is $***** as of Jun 13, 2024.

When was the latest funding round of Areno?

Areno's latest funding was a $***** Seed round on May 10, 2024, with participation from 1 investor.

What is the annual revenue of Areno?

Annual revenue of Areno is less than ₹10 Cr as on Mar 31, 2025

Where does Areno rank among its competitors?

Areno ranks 130th amongst 640 active competitors, of which 42 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Areno, which secured $35.9K in May, 2024.

Who are the top competitors of Areno?

Areno's top competitors include MapMyFitness, Endomondo and Sonde Health. Among them, Areno secured the most recent funding round in May, 2024.

Areno - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

AI-powered virtual arena for fitness and wellness rewards. It offers an Areno app that measures fitness activities, home workouts and exercises using mobile device's front-facing camera and unlock rewards in a gamified fitness experience.

Website: www.areno.in/
Social
Email ID: *****@areno.in
Registered Address: E-703, Adarsh Rhythm, 71, Panduranga Nagar, off Bannerghatta Road Bangalore, Bangalore, Bangalore, Karnataka, India, 560076

Key Metrics

Founded Year

2022

Location

Bengaluru, India

Stage

Seed

Total Funding

$91.7K in 4 rounds

Latest Funding Round

Seed, May 10, 2024, $*****

Post Money Valuation

$***** as on Jun 13, 2024

Investors

Chitkara University & 6 more

Ranked

130^th among 640 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

9 as on Jun 30, 2026

Similar Companies

Fitmint & 307 more

View Areno's full profile

Areno is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ARENO INNOVATIONS PRIVATE LIMITED CIN: U72900KA2022PTC158730 , India, Active	Mar 09, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	-

Areno has raised a total funding of $91.7K over 4 rounds. Its first funding round was on Mar 06, 2023. Its latest funding round was a Seed round on May 10, 2024 for $*****. 1 investor participated in its latest round. Areno has 2 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Areno:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 10, 2024	3587099	Seed	1868880	6105867	2110642	8228744
Feb 27, 2024	2235311	Seed	5717619	3537232	9468364	2508044
Aug 29, 2023	5084861	Seed	9805664	1149558	Chitkara University & 2 more	Mudit Kumar & 1 more

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View details of Areno's funding rounds and investors

The founders of Areno are Sidharth Jain, Nikhil Chhabra and Suresh Gupta. Nikhil Chhabra is the CEO of Areno.

Here are the details of Areno's key team members:

Sidharth Jain: Co-Founder & COO of Areno. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Nikhil Chhabra: Co-Founder & CEO of Areno and founder of 1 other company. They serve on the boards of 2 companies.
Suresh Gupta: CTO of Areno.

Areno's Board of Directors

Areno's board has 2 active members. Sidharth Jain and Nikhil Chhabra are part of team.

Here is the list of Areno's board of directors:

Name	Type	Representing	Status	Duration
Sidharth Jain	Team	-	Current	4y 4m
Nikhil Chhabra	Team	-	Current	4y 4m

View details of Areno's Founder profiles and Board Members

Areno's employee count trend

Areno has 9 employees as of Jun 26. Here is Areno's employee count trend over the years:

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Top competitors of Areno include MapMyFitness, Endomondo and Sonde Health. Here is the list of Top 10 competitors of Areno, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MapMyFitness 2007, Austin (United States), Acquired	Mobile application for personalized fitness training	$19.2M	Activate Venture Partners, Austin Ventures ... & 3 others	60/100
2nd	Endomondo 2007, Copenhagen (Denmark), Acquired	Provider of a mobile application for tracking physical fitness activities	$9.01M	Seed Capital, Fitness Ventures & 1 others	56/100
3rd	Sonde Health 2015, Boston (United States), Series B	Provider of a voice-based platform for assessing health conditions	$35.3M	Partners Investment, M Ventures & 7 others	55/100
4th	Fitmint 2022, Mumbai (India), Seed	Reward-based application for tracking fitness activities	$1.6M	General Catalyst, iSeed & 3 others	51/100
5th	LivWell 2019, Australia, Seed	Reward-based application for tracking fitness activities	$1.1M	Sonar Global Holdings, Flipkart Leap & 5 others	51/100
6th	Decathlon Coach 2013, Arles (France), Unfunded	Activity tracking app	-	-	49/100
7th	Growfitter 2016, Mumbai (India), Seed	Provider of an incentivized wellness platform promoting healthy lifestyles	$2.7M	Alchemist Accelerator, Venture Catalysts ... & 99 others	49/100
8th	Ride With GPS 2007, Oregon (United States), Seed	Provider of an online platform to find routes and analyze the cycling performance	$3M	-	49/100
9th	Pacer 2012, Redwood City (United States), Unfunded	Walking app providing activity tracking, challenges, and community for healthier living	-	-	49/100
10th	Healthy Virtuoso 2017, Milan (Italy), Seed	Reward based health & wellness app	-	Startupbootcamp, Alchemy Crew & 3 others	48/100
130th	Areno 2022, Bengaluru (India), Seed	AI-powered virtual arena for fitness and wellness rewards	$91.7K	Chitkara University, Kuberans House & 5 others	32/100

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Looking for more details on Areno's competitors? Click here to see the top ones

Founders (largest shareholder) own 79.16%, Funds own 5.85%, Angels own 4.11% and Other People own 1.21%. The net worth of Areno's founders is INR 11.4Cr as of Jun 13, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	79.16%	11.4Cr	2930742	6070696	3482702	3835830
Nikhil Chhabra	8970923	4342977	6581281	7094967	2929117	3178174
Sidharth Jain	8727435	9355982	2062840	1963918	6761906	5477085
Fund	5.85%	84.7L	27901	75222	92100	94449
Chitkara University	309	623	269	606	573	449
Kuberans House	12	11	31	86	64	50
Angel	4.11%	59.5L	5088	7756	4083	7768
Mudit Kumar	8	2	5	6	4	3
Kiran Kadekoppa	0	0	0	0	0	0
Other People	1.21%	17.4L	1	1	4	6
ESOP Pool	9.13%	1.32Cr	4268720	4954220	3691826	1759417
Other Investors	0.53%	7.71L	0	0	0	0
Total	99.99%	14.5Cr	8017181	5471740	7209378	6398254