Pune-based online fitness startup Fittr has closed financial year 2025 with revenue of Rs 128 crore and a profit before tax of Rs 11 crore, getting into the black after three years of losses.
Rainmatter-backed Fittr offers online fitness coaching, sells a fitness ring for health conscious individuals to track their body parameters, and also trains nutritionists and fitness coaches. While all three businesses generate revenue, around Rs 122 crore came from the subscription service availed by consumers who train with Fittr.
The startup has around 50,000 daily active users and around 300,000 monthly active users who avail its fitness services.
“We have reported Rs 128 crore in terms of cash business that we have done. There will be some accruals we will only be able to calculate over the next months, but overall we have reported a net profit in the business,” said Jitendra Chouksey, founder of Fittr.
In FY24, the Pune-based startup had reported total revenue of Rs 82.6 crore and a net loss of Rs 11 crore. Over the last three years, Fittr's revenues had stagnated at around Rs 80 crore and the startup had reported massive losses of Rs 40 crore and Rs 25 crore in FY23 and FY22.
“During the pandemic we had started going after excessive growth, which skewed our financials. But now, we are focused on profitability and growing the business sustainably,” Chouksey said.
The startup is looking to expand beyond fitness training, and adding healthcare services next. Chouksey said that Fittr is building a physical centre in Pune, which will house its corporate office and also have a maternity and child care centre. Eventually, Fittr wants to set up diagnostic centres, which will help its users monitor their health parameters closely.
Chouksey intends to onboard doctors, dieticians, molecular biologists, and scientists to create a healthcare research centre to focus on lifestyle diseases and help people stay fit.
Fittr is looking to close Rs 25 crore in additional funding from its existing investors, which will help the startup scale up its physical investments.
The company has till date raised around $17 million from Rainmatter, Dream11, Peak XV Partners’ accelerator programme Surge, and actor Suniel Shetty.
Chouksey did not comment on who will invest in this round, but confirmed that he is in the process of closing the infusion.
“The new business will come under Fittr Life Care, which has the relevant licences required to start any healthcare services business,” Chouksey said.
Rainmatter-backed Fittr offers online fitness coaching, sells a fitness ring for health conscious individuals to track their body parameters, and also trains nutritionists and fitness coaches. While all three businesses generate revenue, around Rs 122 crore came from the subscription service availed by consumers who train with Fittr.
The startup has around 50,000 daily active users and around 300,000 monthly active users who avail its fitness services.
“We have reported Rs 128 crore in terms of cash business that we have done. There will be some accruals we will only be able to calculate over the next months, but overall we have reported a net profit in the business,” said Jitendra Chouksey, founder of Fittr.
In FY24, the Pune-based startup had reported total revenue of Rs 82.6 crore and a net loss of Rs 11 crore. Over the last three years, Fittr's revenues had stagnated at around Rs 80 crore and the startup had reported massive losses of Rs 40 crore and Rs 25 crore in FY23 and FY22.
“During the pandemic we had started going after excessive growth, which skewed our financials. But now, we are focused on profitability and growing the business sustainably,” Chouksey said.
The startup is looking to expand beyond fitness training, and adding healthcare services next. Chouksey said that Fittr is building a physical centre in Pune, which will house its corporate office and also have a maternity and child care centre. Eventually, Fittr wants to set up diagnostic centres, which will help its users monitor their health parameters closely.
Chouksey intends to onboard doctors, dieticians, molecular biologists, and scientists to create a healthcare research centre to focus on lifestyle diseases and help people stay fit.
Fittr is looking to close Rs 25 crore in additional funding from its existing investors, which will help the startup scale up its physical investments.
The company has till date raised around $17 million from Rainmatter, Dream11, Peak XV Partners’ accelerator programme Surge, and actor Suniel Shetty.
Chouksey did not comment on who will invest in this round, but confirmed that he is in the process of closing the infusion.
“The new business will come under Fittr Life Care, which has the relevant licences required to start any healthcare services business,” Chouksey said.
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