When was TEGO founded?

TEGO was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is TEGO located?

TEGO is headquartered in Mumbai, India. It is registered at BRIJ BHOOMI BUILDING,3RD FLOOR B-WING ABOVE CANARA BANK,NEHRU ROAD,VILE PARLE, EAST, Mumbai City, MUMBAI, Maharashtra, India, 400057.

Which legal entities is TEGO associated with?

TEGO is associated with ASEPCO SOLUTIONS PRIVATE LIMITED.

How many employees does TEGO have?

As of Jul 26, 2025, the latest employee count at TEGO is 57.

Is TEGO a funded company?

TEGO is a funded company, having raised a total of $483K across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Oct 20, 2016.

How much is TEGO worth?

The latest valuation of TEGO is ₹***** as of Oct 24, 2019.

When was the latest funding round of TEGO?

TEGO's latest funding was a $***** Angel round on Oct 24, 2019, with participation from 1 investor.

What is the annual revenue of TEGO?

Annual revenue of TEGO is ₹9.21Cr as on Mar 31, 2025.

Where does TEGO rank among its competitors?

TEGO ranks 6th amongst 51 active competitors, of which 6 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Gokyo, which secured $98.7K in Jan, 2025.

Who are the top competitors of TEGO?

TEGO's top competitors include Technosport, CAVA Athleisure and Gokyo. Among them, Gokyo secured the most recent funding round in January, 2025.

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

TEGO is a seed company based in Mumbai (India), founded in 2014 by Ashish Naik and Krishna Chandak. It operates as a Designer and retailer of premium fitness apparel and accessories. TEGO has raised $483K in funding, with a current valuation of ₹*****. The company has 51 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Technosport, CAVA Athleisure and Gokyo.

Company Details

Designer and retailer of premium fitness apparel and accessories. This company offers a curated selection of clothing and equipment for athletes of all levels. Product categories include apparel for men and women, such as t-shirts, shorts, sports bras, and yoga pants, along with accessories like socks, water bottles, yoga mats, and resistance bands. The company focuses on providing high-quality, stylish products designed to enhance athletic performance and comfort. They also offer kits and packs for convenient purchasing.

Website: tego.fit
Social
Email ID: *****@tego.fit
Phone Number: +91 **********
Registered Address: BRIJ BHOOMI BUILDING,3RD FLOOR B-WING ABOVE CANARA BANK,NEHRU ROAD,VILE PARLE, EAST, Mumbai City, MUMBAI, Maharashtra, India, 400057

Key Metrics

Founded Year

2014

Location

Mumbai, India

Stage

Seed

Total Funding

$483K in 2 rounds

Latest Funding Round

Angel, Oct 24, 2019, $*****

Post Money Valuation

₹***** as on Oct 24, 2019

Investors

Sailesh T Desai & 3 more

Ranked

6^th among 51 active competitors

Annual Revenue

₹9.21Cr as on Mar 31, 2025

Employee Count

57 as on Jul 26, 2025

Similar Companies

Castore & 79 more

View TEGO's full profile

TEGO is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ASEPCO SOLUTIONS PRIVATE LIMITED CIN: U74999MH2015PTC265204 , India, Active	Jun 05, 2015	$1.09M (As on Mar 31, 2025)	-

TEGO has raised a total funding of $483K over 2 rounds. Its first funding round was on Oct 20, 2016. Its latest funding round was a Angel round on Oct 24, 2019 for $*****. 1 investor participated in its latest round. TEGO has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of TEGO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 24, 2019	9327913	Angel	3676176	9869215	6945287	2635078
Oct 20, 2016	8597791	Angel	1148710	2365869	Sailesh T Desai	9398288

Access funding benchmarks and valuations. Sign up today!

View details of TEGO's funding rounds and investors

The founders of TEGO are Ashish Naik and Krishna Chandak.

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

Ashish Naik: Co-Founder of TEGO. They are also an angel investor in 1 startup.
Contact Info: 1 email address and 1 phone number
Krishna Chandak: Co-Founder of TEGO.
Contact Info: 1 email address and 1 phone number

View details of TEGO's Founder profiles and Board Members

TEGO's employee count trend

TEGO has 57 employees as of Jul 25. Here is TEGO's employee count trend over the years:

Uncover TEGO's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of TEGO include Technosport, CAVA Athleisure and Gokyo. Here is the list of Top 10 competitors of TEGO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Technosport 2015, Bengaluru (India), Series A	Online brand offering multi-category sports wear for men and women	$29.5M	Prachiexports, A91 Partners & 16 others	68/100
2nd	CAVA Athleisure 2020, Bengaluru (India), Seed	Designer and retailer of athleisure apparel for men and women	$1.14M	Spring, LetsVenture & 9 others	52/100
3rd	Gokyo 2020, Mumbai (India), Seed	Platform offering outdoor clothing and gear for trekking and travel	$198K	Samco	45/100
4th	Silvertraq 2016, Mumbai (India), Funding Raised	Manufacturer of women's high-performance activewear	-	Soonicorn Ventures	42/100
5th	Hrx 2013, Mumbai (India), Acquired	Internet first brand of fashion apparel wears for men and women	-	India Internet Fund, Flipkart & 1 others	41/100
6th	TEGO 2014, Mumbai (India), Seed	Designer and retailer of premium fitness apparel and accessories	$483K	Natural Bridges Ventures, Seven Capital Ventures ... & 2 others	38/100
7th	Terractive 2023, Mumbai (India), Seed	Retailer of activewear and accessories engineered for comfort and performance	$948K	Fireside Ventures, DeVC & 1 others	38/100
8th	Aesthetic Nation 2014, Mumbai (India), Unfunded	Online retailer of men's and women's gym wear and activewear	-	-	34/100
9th	Fuaark 2017, Surat (India), Unfunded	Provider of gym wear and fitness apparel brand	-	-	32/100
10th	Fitkin 2020, Delhi (India), Unfunded	Online platform offering sportswear for men and women	-	-	29/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on TEGO's competitors? Click here to see the top ones

Founders (largest shareholder) own 50.00%, Funds own 0.00% and Angels own 50.00%. The net worth of TEGO's founders is INR 6Cr as of Oct 24, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	50.00%	6Cr	2293175	7566280	6067016	3081326
Ashish Naik	5763517	2734147	1545020	7400939	1610184	2833162
Krishna Chandak	3538722	8840613	5699268	2547741	5762896	3301463
Fund	-	0	0	0	0	0
Angel	50.00%	6Cr	8919378	2149093	9976011	7944586
Sailesh T Desai	3884625	3176572	6200578	5723128	5789166	7608605
Total	100.00%	12Cr	8313931	7385201	1392452	9300285