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Growfitter - About the company

Growfitter is a seed company based in Mumbai (India), founded in 2016 by Harshit Sethy and Sanmati Pande. It operates as a Provider of a gamified digital health reward platform that adds financial benefits to physical activity. Growfitter has raised $2.7M in funding from investors like Alchemist Accelerator, Talwalkars and Venture Catalysts, with a current valuation of $*****. The company has 1959 active competitors, including 146 funded and 51 that have exited. Its top competitors include companies like Cult.fit, Kaia Health and Noom.

Company Details

Provider of a gamified digital health reward platform that adds financial benefits to physical activity. This platform offers goal-based rewards from consumer health and wellness brands and retail financial services for walking, running, cycling, and health quizzes on a daily basis. It partners with premium brands to provide lifestyle rewards for completing fitness goals.
Social
XFacebook
Email ID
*****@growfitter.com
Phone Number
+91 **********
Registered Address
B/104 1st Floor, Shree Sainath Society CHS Anand Nagar, Vakola Police Lane Santacru, z East, Mumbai City, Mumbai, Maharashtra, India, 400055
Key Metrics
Founded Year
2016
Location
Mumbai, India
Stage
Seed
Total Funding
$2.7M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 29, 2022
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2021
Employee Count
20 as on Sep 30, 2026
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Growfitter's funding and investors

Growfitter has raised a total funding of $2.7M over 6 rounds. Its first funding round was on Mar 06, 2017. Its latest funding round was a Seed round on Aug 2023 for $*****. 1 investor participated in its latest round. Growfitter has 35 institutional investors and 70 angel investors.

Here is the list of recent funding rounds of Growfitter:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 2023
4601762
Seed
7505029
2605815
8822001
1956528
Aug 04, 2022
5904393
Seed
8128066
1355221
8831151
Feb 17, 2022
8905014
Seed
8846560
6601872
7219828
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Growfitter's founders and board of directors

Founder? Claim Profile
The founders of Growfitter are Harshit Sethy and Sanmati Pande. Sanmati Pande is the CEO of Growfitter.
Here are the details of Growfitter's key team members:

Growfitter's Board of Directors

Growfitter's board has 3 active members. Harshit Sethy, Sanmati Pande and Mohit Manohar Salvi are part of team.
Here is the list of Growfitter's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 4m
Team
-
Current
10y 4m
mwzwwsb
Team
-
Current
3y 4m

Growfitter's employee count trend

Growfitter has 20 employees as of Sep 26. Here is Growfitter's employee count trend over the years:
Employee count trend for Growfitter
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Growfitter's Competitors and alternates

Top competitors of Growfitter include Cult.fit, Kaia Health and Noom. Here is the list of Top 10 competitors of Growfitter, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cult.fit
Cult.fit
2016, Bengaluru (India), Series G
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
$717M
83/100
2nd
Logo for Kaia Health
Kaia Health
2016, New York City (United States), Acquired
Provider of digital musculoskeletal pain management solutions
$125M
77/100
3rd
Logo for Noom
Noom
2008, New York City (United States), Series F
Provider of a digital platform for weight loss management and behavior change
$624M
72/100
4th
Logo for Habuild
Habuild
2022, Nagpur (India), Unfunded
Provider of virtual yoga sessions and habit building wellness programs
-
-
71/100
5th
Logo for Exos
Exos
1999, Phoenix (United States), Acquired
Provider of human performance coaching, training, and well-being solutions
$32.1M
70/100
6th
Logo for Aaptiv
Aaptiv
2016, New York City (United States), Acquired
Mobile application offering audio-based fitness training content
$60.5M
64/100
7th
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
8th
Logo for MapMyFitness
MapMyFitness
2007, Austin (United States), Acquired
Mobile application for personalized fitness training
$19.2M
60/100
9th
Logo for Wondr Health
Wondr Health
2007, Dallas (United States), Acquired
Provider of digital behavior change programs for metabolic and emotional health
-
60/100
10th
Logo for Goqii
Goqii
2014, Redwood City (United States), Series C
Provider of a wearable wristband integrated with personalized coaching
$110M
58/100
70th
Logo for Growfitter
Growfitter
2016, Mumbai (India), Seed
Provider of a gamified digital health reward platform that adds financial benefits to physical activity
$2.7M
45/100
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Growfitter's Latest cap tables and shareholding

Founders (largest shareholder) own 48.32%, Funds own 22.65%, Enterprises own 5.64% and Angels own 15.99%. The net worth of Growfitter's founders is INR 30.9Cr as of Oct 29, 2022. The cap table displayed below is for GROWFITTER PRIVATE LIMITED which is the legal entity associated with Growfitter.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
48.32%
30.9Cr
2856203
4766206
8018453
5774363
7855207
8809198
7605257
4525780
2185710
8273369
4028666
8580047
5384264
8873170
5662407
4577441
Fund
22.65%
14.5Cr
9764828
4478908
2319415
3096468
1
4
1
1
6
1
5
6
4
4
2
6
0
0
0
0
0
0
Enterprise
5.64%
3.6Cr
51790
59421
61677
76201
Angel
15.99%
10.2Cr
2370916
7214207
5247556
6463933
ESOP Pool
7.35%
4.69Cr
1811365
4135781
9873784
5885764
Total
99.95%
63.9Cr
6416565
2451746
9621084
2011099
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Growfitter's Investments and acquisitions

Growfitter has made no investments or acquisitions yet.

Reports related to Growfitter

Here is the latest report on Growfitter's sector:

News related to Growfitter

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