When was Portl founded?

Portl was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Portl located?

Portl is headquartered in Hyderabad, India. It is registered at 8-2-283/82/A/321/1 Jubilee Hills, CO-OP H B S, Hyderabad, Hyderabad, Telangana, India, 500033.

Which legal entities is Portl associated with?

Portl is associated with RAINVI TECHNOLOGIES PRIVATE LIMITED.

How many employees does Portl have?

As of Sep 30, 2026, the latest employee count at Portl is 35.

Is Portl a funded company?

Portl is a funded company, having raised a total of $4.01M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 18, 2021.

How much is Portl worth?

The latest valuation of Portl is $***** as of Dec 13, 2023.

When was the latest funding round of Portl?

Portl's latest funding was a $***** Series A round on Oct 13, 2023, with participation from 3 investors.

What is the annual revenue of Portl?

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

Where does Portl rank among its competitors?

Portl ranks 6th amongst 61 active competitors, of which 20 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Magic, which secured $11M in Sep, 2026.

Who are the top competitors of Portl?

Portl's top competitors include Peloton, Tonal and Vitruvian. Among them, Magic secured the most recent funding round in September, 2026.

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

Portl is a series A company based in Hyderabad (India), founded in 2021 by Vishal Chandapeta. It operates as a Provider of a smart home gym device with an in built personal trainer. Portl has raised $4.01M in funding from Kalaari Capital and Bharat Innovation Fund, with a current valuation of $*****. The company has 61 active competitors, including 20 funded and 4 that have exited. Its top competitors include companies like Peloton, Tonal and Vitruvian.

Company Details

Provider of a smart home gym device with an in built personal trainer. It offers ultragym device to build personalised workout integrated with an application. Portl Screesn is an AI powered smart mirror that provides personalized and holistic healthcare, real time fitness and wellness with form feedback, telemedicine and embedded health monitoring capabilities.

Website: portl.co
Social
Email ID: *****@portl.co
Phone Number: +91 **********
Registered Address: 8-2-283/82/A/321/1 Jubilee Hills, CO-OP H B S, Hyderabad, Hyderabad, Telangana, India, 500033

Key Metrics

Founded Year

2021

Location

Hyderabad, India

Stage

Series A

Total Funding

$4.01M in 2 rounds

Latest Funding Round

Series A, Oct 13, 2023, $*****

Post Money Valuation

$***** as on Dec 13, 2023

Investors

Kalaari Capital & 4 more

Ranked

6^th among 61 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

35 as on Sep 30, 2026

Similar Companies

Tonal & 66 more

View Portl's full profile

Portl is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
RAINVI TECHNOLOGIES PRIVATE LIMITED CIN: U72900TG2021PTC149917 , India, Active	Mar 22, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	1 (As on Oct 31, 2022)

Portl has raised a total funding of $4.01M over 2 rounds. Its first funding round was on Jun 18, 2021. Its latest funding round was a Series A round on Oct 13, 2023 for $*****. 3 investors participated in its latest round. Portl has 3 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Portl:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 13, 2023	8803014	Series A	5712796	2325313	3302745	6837508
Jun 18, 2021	5738236	Seed	8320582	2967114	Kalaari Capital	8921254

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View details of Portl's funding rounds and investors

The founders of Portl is Vishal Chandapeta.

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

Vishal Chandapeta: Founder of Portl. They serve on the board of 1 company.
Contact Info: 1 phone number

Portl's Board of Directors

Portl's board has 5 active members. Ashwin Raguraman, Indraneel Gupta, Vishal Chandapeta and Vamshi Krishna Reddy are part of team and Ravikanth Mantha is independent board member.

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

Name	Type	Representing	Status	Duration
Indraneel Gupta	Team	-	Current	5y 6m
Vishal Chandapeta	Team	-	Current	5y 6m
Ashwin Raguraman	Investor	-	Current	2y 8m
tswwhye	Investor	uyhhqgx	Past	7y 2m
Ravikanth Mantha	Independent board member	-	Current	5y 4m
qoeojin	Independent board member	-	Past	2y 5m

View details of Portl's Founder profiles and Board Members

Portl's employee count trend

Portl has 35 employees as of Sep 26. Here is Portl's employee count trend over the years:

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Top competitors of Portl include Peloton, Tonal and Vitruvian. Here is the list of Top 10 competitors of Portl, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Peloton 2011, New York City (United States), Public	Provider of smart fitness training equipment and training platforms	$996M	Tiger Global Management, Fidelity Investments ... & 39 others	78/100
2nd	Tonal 2015, San Francisco (United States), Series E	Provider of smart home gym equipment and personalized workout programs	$535M	L Catterton, Mayfield & 42 others	72/100
3rd	Vitruvian 2018, Perth (Australia), Series A	Provider of resistance training smart fitness equipment and app	$51.4M	Larsen Ventures, TEN13 & 3 others	61/100
4th	Speediance 2020, Shenzhen (China), Seed	Provider of smart exercising equipment	$1.58M	Frees Fund, Oriza Holdings & 2 others	60/100
5th	Tempo 2015, San Francisco (United States), Series C	Provider of AI-based home gym training platform	$398M	SoftBank Vision Fund, Norwest & 12 others	57/100
6th	Portl 2021, Hyderabad (India), Series A	Provider of a smart home gym device with an in built personal trainer	$4.01M	Kalaari Capital, Bharat Innovation Fund & 3 others	45/100
7th	FORME 2020, Los Angeles (United States), Public	Provider of exercising equipment for fitness training	$109M	Redbus Group, Short List Capital & 1 others	52/100
8th	Flexnest 2020, Gurugram (India), Unfunded	Manufacturer of home fitness equipment and associated app-based classes	-	-	50/100
9th	Magic 2020, United Kingdom, Series B	Provider of AI-based mirror for home-based workouts	$18.5M	IW Capital, Fasanara & 28 others	48/100
10th	Lululemon Studio 2010, New York City (United States), Series B	Provider of online fitness classes	$80.8M	Spark Capital, Route 66 Ventures & 23 others	47/100

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Founders own 29.60%, Funds (largest shareholder) own 47.38%, Angels own 0.62% and Other People own 7.40%. The net worth of Portl's founders is INR 23.9Cr as of Dec 13, 2023. The cap table displayed below is for RAINVI TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Portl.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	29.60%	23.9Cr	2496961	7209674	3259825	1067075
Vishal Chandapeta	8628318	7384161	5315337	7353208	9879519	8603839
Fund	47.38%	38.3Cr	9938835	4401064	3347373	7171860
Bharat Innovation Fund	7812579	1654287	1444479	5688060	2518508	8034223
Kalaari Capital	3124321	3192089	4308338	9713491	1422974	8683323
T-Hub	5	1	5	5	6	2
Angel	0.62%	50L	0	0	0	0
Other People	7.40%	5.98Cr	5804778	4392149	5290016	5782271
ESOP Pool	14.99%	12.1Cr	5185413	8056637	3872042	1045520
Total	99.99%	80.8Cr	2038604	4593783	9678531	6639511