When was Shyft founded?

Shyft was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Shyft located?

Shyft is headquartered in Gurugram, India. It is registered at 91 Springboard Business HUB Pvt Ltd, B1/H3, Mohan Co-Operative Industrial Area, Mathura Rd, , Block B, New Delhi, New Delhi, Delhi, India, 110044.

Which legal entities is Shyft associated with?

Shyft is associated with BLACKTAIL MINDHOUSE PRIVATE LIMITED.

How many employees does Shyft have?

As of Aug 31, 2025, the latest employee count at Shyft is 9.

Is Shyft a funded company?

Shyft is a funded company, having raised a total of $6.68M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 15, 2020.

How much is Shyft worth?

The latest valuation of Shyft is ₹***** as of Dec 08, 2021.

When was the latest funding round of Shyft?

Shyft's latest funding was a $***** Seed round on Nov 25, 2021, with participation from 17 investors.

What is the annual revenue of Shyft?

Annual revenue of Shyft is ₹2.94Cr as on Mar 31, 2025.

Where does Shyft rank among its competitors?

Shyft ranks 2nd amongst 13 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Possible, which secured $121K in Jul, 2023.

Who are the top competitors of Shyft?

Shyft's top competitors include Possible, iThrive and Health Builder. Among them, Possible secured the most recent funding round in July, 2023.

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

Shyft is a seed company based in Gurugram (India), founded in 2019 by Pankaj Chaddah, Pankaj Chaddah and Pooja Khanna. It operates as a Provider of multiple fitness services. Shyft has raised $6.68M in funding from investors like Three State Capital, General Catalyst and Anicut Capital, with a current valuation of ₹*****. The company has 13 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Possible, iThrive and Health Builder.

Company Details

Provider of multiple fitness services. The platform allows users to access and receive personalized wellness services for yoga, meditation, and nutritional counselling. Users can practice yoga and guided meditation via video calls and based on their health & fitness goals, users can receive personalized wellness programs. It provides customized courses for individuals suffering from ailments like PCOS, diabetes, high blood pressure, back pain, and much more.

Website: www.betheshyft.com/
Social
Email ID: *****@betheshyft.com
Registered Address: 91 Springboard Business HUB Pvt Ltd, B1/H3, Mohan Co-Operative Industrial Area, Mathura Rd, , Block B, New Delhi, New Delhi, Delhi, India, 110044

Key Metrics

Founded Year

2019

Location

Gurugram, India

Stage

Seed

Total Funding

$6.68M in 3 rounds

Latest Funding Round

Seed, Nov 25, 2021, $*****

Post Money Valuation

₹***** as on Dec 08, 2021

Investors

Three State Capital & 23 more

Ranked

2^nd among 13 active competitors

Annual Revenue

₹2.94Cr as on Mar 31, 2025

Employee Count

9 as on Aug 31, 2025

Similar Companies

Oviva & 130 more

View Shyft's full profile

Shyft is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BLACKTAIL MINDHOUSE PRIVATE LIMITED CIN: U74999DL2019PTC345876 , India, Active	Feb 12, 2019	$348K (As on Mar 31, 2025)	9 (As on Aug 01, 2025)

Shyft has raised a total funding of $6.68M over 3 rounds. Its first funding round was on May 15, 2020. Its latest funding round was a Seed round on Nov 25, 2021 for $*****. 17 investors participated in its latest round. Shyft has 14 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Shyft:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 25, 2021	9905596	Seed	8791694	7881774	6770353	1253980
Sep 25, 2020	3765536	Seed	8167011	5536577	4898275	Sahil Barua & 2 more
May 15, 2020	9646466	Seed	2499968	8276427	Three State Capital	GGV Capital & 3 more

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View details of Shyft's funding rounds and investors

The founders of Shyft are Pankaj Chaddah, Pankaj Chaddah and Pooja Khanna.

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

Pankaj Chaddah: Co-Founder of Shyft and founder of 3 other companies, Mindhouse, HyperPure and Zomato. They are also an angel investor in 24 startups and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Pankaj Chaddah: Co-Founder of Shyft and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 2 email addresses
Pooja Khanna: Co-Founder of Shyft and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 2 email addresses

Shyft's Board of Directors

Shyft's board has 2 active members. Pankaj Chaddah and Pooja Khanna are part of team.

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

Name	Type	Representing	Status	Duration
Pankaj Chaddah	Team	-	Current	7y 0m
Pooja Khanna	Team	-	Current	7y 0m

View details of Shyft's Founder profiles and Board Members

Shyft's employee count trend

Shyft has 9 employees as of Aug 25. The total employee count is 80.0% lower than what it was in Aug 24. Here is Shyft's employee count trend over the years:

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Top competitors of Shyft include Possible, iThrive and Health Builder. Here is the list of Top 10 competitors of Shyft, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Possible 2006, Bengaluru (India), Series A	Provider of online weight loss and disease management programs	$8.33M	Kalaari Capital, Ghosh Financiers and Marketiers ... & 43 others	45/100
2nd	Shyft 2019, Gurugram (India), Seed	Provider of multiple fitness services	$6.68M	GGV Capital, General Catalyst & 22 others	45/100
3rd	iThrive 2019, Pune (India), Seed	Provider of functional nutrition programs for chronic disease reversal and wellness	$453K	NB Ventures & 15 others	36/100
4th	Health Builder 2017, Mumbai (India), Unfunded	Online platform offering nutritionist consultation	-	-	32/100
5th	Upnourish 2018, Mumbai (India), Acquired	Online platform offering nutritionist consultation services for weight loss	-	-	28/100
6th	Quapt 2010, Chennai (India), Unfunded	Provider of mobile app for an online diet consultation	-	-	23/100
7th	TrainE 2017, Bengaluru (India), Unfunded	Provider of an application for nutrition, fitness training, and tracking	-	-	23/100
8th	NSR-DIET 2019, Delhi (India), Unfunded	Online platform for nutritionist consultation	-	-	20/100
9th	Weightwonder 2011, Bhopal (India), Unfunded	Mobile app offering remote consultation services with the nutritionist	-	-	17/100
10th	Guide My Diet 2021, Delhi (India), Unfunded	Online diet planning and consultation platform	-	-	17/100

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Founders (largest shareholder) own 73.08%, Funds own 22.72%, Enterprises own 0.91% and Angels own 2.73%. The net worth of Shyft's founders is INR 121Cr as of Dec 08, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	73.08%	121Cr	3908855	4716472	6712750	2051287
Pankaj Chaddah	2361453	1126537	6164671	9064486	8411988	8586686
Fund	22.72%	37.5Cr	2389902	5271661	2579377	3510495
Three State Capital	3501888	7186384	1676888	4354393	4110791	1474659
General Catalyst	2753	1187	9786	9564	9185	1891
Better Capital	5	3	4	4	1	5
GGV Capital	0	0	0	0	0	0
Enterprise	0.91%	1.5Cr	0	0	0	0
Angel	2.73%	4.51Cr	49	42	77	84
Sahil Barua	0	0	0	0	0	0
Other Investors	0.56%	91.7L	0	0	0	0
Total	100.00%	165Cr	6675505	5887007	6334919	5927551