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Shyft - About the company

Shyft is a seed company based in Delhi (India), founded in 2019 by Pankaj Chaddah, Pooja Khanna, Pankaj Chaddah, Pankaj Chaddah and Pankaj Chaddah. 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 15 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Possible, Quapt and iThrive.

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.
Social
Facebook
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
Delhi, India
Stage
Seed
Total Funding
$6.68M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 08, 2021
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
9 as on Aug 31, 2025
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Shyft's funding and investors

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
8932664
Seed
9746252
9328465
9505814
8162903
Sep 25, 2020
1021818
Seed
9382376
5574821
1331157
May 15, 2020
5837752
Seed
6971213
7971309
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Shyft's founders and board of directors

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

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
Team
-
Current
7y 8m
Team
-
Current
7y 8m

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:
Employee count trend for Shyft
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Shyft's Competitors and alternates

Top competitors of Shyft include Possible, Quapt and iThrive. 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
Logo for Possible
Possible
2015, Bengaluru (India), Series A
Provider of online weight loss and disease management programs
$11.1M
50/100
2nd
Logo for Shyft
Shyft
2019, Delhi (India), Seed
Provider of multiple fitness services
$6.68M
48/100
3rd
Logo for Quapt
Quapt
2010, Chennai (India), Unfunded
Provider of mobile app for an online diet consultation
-
-
38/100
4th
Logo for iThrive
iThrive
2019, Pune (India), Seed
Provider of functional nutrition programs for chronic disease reversal and wellness
$453K
36/100
5th
Logo for Health Builder
Health Builder
2017, Mumbai (India), Unfunded
Online platform offering nutritionist consultation
-
-
35/100
6th
Logo for Upnourish
Upnourish
2018, Mumbai (India), Acquired
Online platform offering nutritionist consultation services for weight loss
-
-
29/100
7th
Logo for TrainE
TrainE
2017, Bengaluru (India), Unfunded
Provider of an application for nutrition, fitness training, and tracking
-
-
23/100
8th
Logo for KNOW YOUR FOOD
KNOW YOUR FOOD
2016, Gurugram (India), Unfunded
Provider of an online diet consultation and booking platform for patients and dietitians
-
-
22/100
9th
Logo for Fitpoint
Fitpoint
2006, Noida (India), Deadpooled
Provider of online platform for health and fitness
-
-
21/100
10th
Logo for NSR-DIET
NSR-DIET
2019, Delhi (India), Unfunded
Online platform for nutritionist consultation
-
-
17/100
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Shyft's Latest cap tables and shareholding

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. The cap table displayed below is for BLACKTAIL MINDHOUSE PRIVATE LIMITED which is the legal entity associated with Shyft.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
73.08%
121Cr
4169749
2260553
4367477
4189188
4362213
4378379
2332193
2453697
3602475
1863507
Fund
22.72%
37.5Cr
1988489
1162261
8508528
9779732
7366000
8425209
5493871
6540249
2786748
6235066
9433
5225
8524
6153
7201
8429
7
5
4
1
5
4
Enterprise
0.91%
1.5Cr
0
0
0
0
Angel
2.73%
4.51Cr
58
75
14
61
0
0
0
0
0
0
Other Investors
0.56%
91.7L
0
0
0
0
Total
100.00%
165Cr
1525179
7184893
5310098
1825936
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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  • 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

Shyft's Investments and acquisitions

Shyft has made no investments or acquisitions yet.

Reports related to Shyft

Here is the latest report on Shyft's sector:

News related to Shyft

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