Fitpass - About the company
Fitpass is a seed company based in Delhi (India), founded in 2015 by Akshay Verma and Arushi Verma. It operates as an Online membership pass for accessing multiple fitness centres. Fitpass has raised $3.86M in funding from Franchise India and Frost International, with a current valuation of ₹*****. The company has 20 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like ClassPass, Aurozen and FitMeIn.
Company Details
Online membership pass for accessing multiple fitness centres. The platform feature include AI driven personalized fitness coaching routines to individual user needs. It allows users to consult with nutritionists to create customized diet plans that align with the fitness goals.
- Website
- fitpass.co.in
- Social
- Email ID
- *****@fitpass.co.in
- Phone Number
- +91 **********
- Registered Address
- Plot No 2, Block NO 3E/2 1st floor, Jhandewalan Extension, Pahar Ganj, Central Delhi, New Delhi, Delhi, India, 110055
Legal entities associated with Fitpass
Fitpass is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASR MARKET VENTURES PRIVATE LIMITED CIN: U52590DL2012PTC232368 , India, Active | Mar 05, 2012 | $7.3M (As on Mar 31, 2025) | 73 (As on Aug 01, 2025) | |
FITPASS BUSINESS VENTURES PRIVATE LIMITED CIN: U74999DL2015PTC282324 , India, Active | Jul 02, 2015 | $0 (As on Mar 31, 2025) | 58 (As on May 31, 2025) |
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Fitpass's funding and investors
Fitpass has raised a total funding of $3.86M over 5 rounds. Its first funding round was on Aug 14, 2015. Its latest funding round was a Angel round on Sep 28, 2018 for $*****. 2 investors participated in its latest round. Fitpass has 5 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Fitpass:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 28, 2018 | 7275934 | Angel | 5871129 | 5589567 | 6609482 | 9766144 |
Nov 20, 2017 | 9844341 | Seed | 1908216 | 7727468 | 7125953 | |
Jun 29, 2017 | 5632313 | Seed | 3670175 | 3951152 |
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Fitpass' founders and board of directors
Founder? Claim ProfileThe founders of Fitpass are Akshay Verma and Arushi Verma.
Here are the details of Fitpass' key team members:
- Akshay Verma: Co-Founder of Fitpass. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Arushi Verma: Co-Founder and Director of Fitpass. They serve on the board of 1 company.Contact Info: 1 email address
Fitpass' Board of Directors
Fitpass's board has 2 active members. Akshay Verma and Arushi Verma are part of team.Here is the list of Fitpass' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 0m | |
Team | - | Current | 11y 6m |
View details of Fitpass's Founder profiles and Board Members
Fitpass' employee count trend
Fitpass has 61 employees as of Dec 24. The total employee count is 144.0% more than what it was in Dec 23. Here is Fitpass's employee count trend over the years:
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Fitpass's Competitors and alternates
Top competitors of Fitpass include ClassPass, Aurozen and FitMeIn. Here is the list of Top 10 competitors of Fitpass, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ClassPass 2013, New York City (United States), Acquired | Membership programs for fitness classes across multiple gyms | $550M | 81/100 | |
2nd | Online membership pass for accessing multiple fitness centres | $3.86M | 66/100 | ||
3rd | Online gyms and fitness centers listing and booking platform | - | - | 38/100 | |
4th | Subscription based service providing access to partnering gyms and fitness centers | $307K | 30/100 | ||
5th | AI-based platform for finding fitness centers | - | - | 24/100 | |
6th | Provider of a marketplace for membership access to gym | $120K | 24/100 | ||
7th |  World Yogashala 2010, Rishikesh (India), Unfunded | Online marketplace for yoga class | - | - | 24/100 |
8th | Flexi membership app for Fitness centers | - | - | 24/100 | |
9th | App offering fitness membership pass | - | - | 24/100 | |
10th | Subscription-based platform to access fitness centres | - | - | 24/100 |
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Fitpass's Latest cap tables and shareholding
Founders (largest shareholder) own 50.43%, Funds own 10.09%, Enterprises own 10.74% and Angels own 20.06%. The net worth of Fitpass's founders is INR 21.2Cr as of Sep 28, 2018.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 50.43% | 21.2Cr | 9219527 | 3767049 | 4264955 | 8911043 |
4088403 | 9865967 | 9426795 | 1836682 | 6900310 | 3289633 | |
2924533 | 7655295 | 8186773 | 9296340 | 2429118 | 1907543 | |
Fund | 10.09% | 4.23Cr | 7426970 | 8042378 | 9850275 | 5254391 |
2661832 | 9241382 | 9709093 | 5060907 | 2774462 | 5344517 | |
Enterprise | 10.74% | 4.51Cr | 7652091 | 9466414 | 2817594 | 4697977 |
Angel | 20.06% | 8.41Cr | 9549277 | 7511237 | 6602756 | 5602341 |
6806711 | 3578186 | 6697489 | 2944602 | 6720765 | 2164068 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
ESOP Pool | 8.70% | 3.65Cr | 8357062 | 4165552 | 5376805 | 1536772 |
Total | 100.00% | 42Cr | 1285785 | 2305621 | 5765995 | 4847423 |
To unlock detailed Cap Table of Fitpass Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Fitpass's Shareholding
Fitpass's Investments and acquisitions
Fitpass has made no investments or acquisitions yet.
News related to Fitpass
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FITPASS and Noise join hands to introduce a Game-Changing Fitness Ecosystem BundleMobility India•Mar 04, 2025•Fitpass, Noise
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FITPASS Elevates Its Game: New Leadership to Propel Growth and InnovationBusiness News This Week•Jul 10, 2024•Fitpass
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FITPASS and Wexer join forces to revolutionize digital fitness in IndiaAdgully•Feb 16, 2024•Fitpass, Wexer
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FITPASS transforms fitness access in India by surpassing 7,500 centers while unveiling its extensive expansion strategiesBusiness News This Week•Oct 26, 2023•Fitpass
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FITPASS and SBI Join Hands for an Exclusive Partnership; Integrate FITPASS into the SBI Buddy AppBW Businessworld•Oct 30, 2017•Fitpass, SBI
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Abhinav Bindra backed Fitpass to expand across India by end of the yearIndiatimes•Oct 17, 2017•Fitpass
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Startup FITPASS makes going to the gym economical and convenient for customersIndiatimes•Jan 16, 2017•Fitpass
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