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Fitelo - About the company

Fitelo is a seed company based in Sahibzada Ajit Singh Nagar (India), founded in 2016 by Sahil Bansal and Mac Singh. It operates as a Provider of an appliction offering diet plans for weight loss management. Fitelo has raised $1.7M in funding from Guild Capital, with a current valuation of $*****. The company has 144 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Lark Health, Enara Health and WayBetter.

Company Details

Provider of an appliction offering diet plans for weight loss management. The platform offers expert-led consultation services for diet plans for weight management, metabolism improvement, immunity-boosting, weight maintenance, PCOD programs, and lifestyle management coaching. It also allow users to track body composition.
Website
fitelo.co
Social
XFacebook
Email ID
*****@fitelo.co
Phone Number
+91 **********
Registered Address
WorkYard, Plot No 337, Industrial Area, Phase 2, Ind Area Chandigarh, Chandigarh, Chandigarh, Chandigarh, India, 160002
Key Metrics
Founded Year
2016
Location
Sahibzada Ajit Singh Nagar, India
Stage
Seed
Total Funding
$1.7M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 04, 2022
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
1,098 as on Aug 31, 2025
Similar Companies
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Fitelo's funding and investors

Fitelo has raised a total funding of $1.7M over 2 rounds. Its first funding round was on Feb 25, 2022. Its latest funding round was a Angel round on Mar 06, 2025 for $*****. 2 investors participated in its latest round. Fitelo has 2 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Fitelo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 06, 2025
8066517
Angel
1129122
8921229
4458809
4476673
Feb 25, 2022
9515833
Seed
7080194
7929337
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Fitelo's founders and board of directors

Founder? Claim Profile
The founders of Fitelo are Sahil Bansal and Mac Singh. Sahil Bansal is the CEO of Fitelo.
Here are the details of Fitelo's key team members:

Fitelo's Board of Directors

Fitelo's board has 4 active members. Apoorv Gautam, Sahil Bansal and Mrinalini Chandra Goyal are part of team and Mehak Deep Singh is independent board member.
Here is the list of Fitelo's board of directors:
Name
Type
Representing
Status
Duration
iqfmior
Team
-
Past
6y 7m
Investor
Guild Capital
Current
4y 7m
Investor
-
Current
1y 7m
Independent board member
-
Current
10y 4m

Fitelo's employee count trend

Fitelo has 1,098 employees as of Aug 25. The total employee count is 2.0% lower than what it was in Aug 24. Here is Fitelo's employee count trend over the years:
Employee count trend for Fitelo
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Fitelo's Competitors and alternates

Top competitors of Fitelo include Lark Health, Enara Health and WayBetter. Here is the list of Top 10 competitors of Fitelo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lark Health
Lark Health
2011, Mountain View (United States), Series D
AI-powered platform offering various fitness and wellness services
$162M
64/100
2nd
Logo for Fitelo
Fitelo
2016, Sahibzada Ajit Singh Nagar (India), Seed
Provider of an appliction offering diet plans for weight loss management
$1.7M
49/100
3rd
Logo for Enara Health
Enara Health
2014, San Mateo (United States), Seed
Online platform offering care plans for managing obesity
$8.99M
48/100
4th
Logo for WayBetter
WayBetter
2011, New York City (United States), Series A
Provider of gamified health and wellness programs
$9.61M
46/100
5th
Logo for Glean App
Glean App
2020, Athenry (Ireland), Unfunded
Online platform offering weight loss and fitness plans
-
-
34/100
6th
Logo for Annette
Annette
2024, Brussels (Belgium), Seed
Provider of personalized weight loss training services
$2.33M
32/100
7th
Logo for Nutrameg
Nutrameg
2021, United States, Unfunded
Platform offering nutrition technology for weight management and fitness
-
-
29/100
8th
Logo for Enforcer eCoaching
Enforcer eCoaching
2005, Gates Mills (United States), Seed
Provider of email-based health coaching services for health transformation
$2.35M
29/100
9th
Logo for Early Fit
Early Fit
2025, Delhi (India), Unfunded
Provider of weight loss programs incorporating metabolic diagnosis and medical support
-
-
26/100
10th
Logo for Mytrimline
Mytrimline
2009, Lemoyne (United States), Unfunded
Provider of personalized weight loss programs incorporating coaching, nutrition, and psychology
-
-
26/100
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Fitelo's Latest cap tables and shareholding

Founders (largest shareholder) own 80.06%, Funds own 19.53%, Enterprises own 0.17% and Angels own 0.24%. The net worth of Fitelo's founders is INR 46.1Cr as of Mar 04, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
80.06%
46.1Cr
8372685
4989529
3638270
1994568
2353395
4393438
1431966
3351868
2520192
5505254
2097351
1389154
2575634
9458841
9540451
9448718
Fund
19.53%
11.2Cr
7626090
9110875
9749501
7530112
4784914
4630271
4289584
6912411
7934574
2646529
Enterprise
0.17%
9.68L
0
0
0
0
Angel
0.24%
13.8L
0
0
0
0
Total
100.00%
57.6Cr
7122605
4597194
3541369
8433584
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Fitelo's Shareholding

Fitelo's Investments and acquisitions

Fitelo has made no investments or acquisitions yet.

Reports related to Fitelo

Here is the latest report on Fitelo's sector:

News related to Fitelo

•
XOR Labs Helps Healthtech Brand Grow by 8000%BusinessFortNight•Nov 16, 2022•XOR Labs, Fitelo
•
Fitelo Plans To Hire 250 New Employees By 2022 EndBW Businessworld•Oct 31, 2022•Fitelo
•
•
Fitelo Raises $1.5 Million In Pre-Series A FundingEntrepreneur•Jun 01, 2022•Fitelo, Guild Capital, Pareto, Chaayos and 1 other
•
Fitelo Appoints Jitender Panihar As Its New CHROBW Businessworld•May 05, 2022•Fitelo
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