Fitnapp
Health related app that connects people with gyms and other fitness related institutions.
| USD | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Fitnapp is a digital marketplace for fitness services, founded in 2015 by Akshay Jhinga and Sagar Verma. Headquartered in Noida, India, the company operates primarily in the Delhi-NCR region with expansions into other cities like Jaipur and Kota. The platform emerged from founder Akshay Jhinga's personal fitness journey and recognition of a need for more flexible and varied workout options in metropolitan areas.
The company functions as a mobile-first, online marketplace that connects users with a wide network of gyms, fitness centers, and studios. Its business model centers on offering subscription-based universal passes—available monthly, quarterly, or annually—that grant users access to a multitude of fitness activities across various partner locations. This addresses the common issue of users paying for full-term memberships at single locations but lacking the flexibility to vary their routines or attend based on their own schedule. For users who prefer a single location, Fitnapp provides discounted rates. The platform also accommodates pay-per-session bookings, allowing customers to pay only for the days they attend.
Fitnapp's core service is its mobile application, which serves as a comprehensive discovery and booking tool. Through the app, users can explore and reserve sessions for over 45 different activities, including gym workouts, yoga, Zumba, martial arts, swimming, and even book at-home personal trainers. Beyond activity booking, the application serves as a marketplace for fitness-related products such as nutritional supplements, workout equipment, and wearable gadgets. In January 2017, the company secured an undisclosed amount in a seed funding round from the SD Group, a Noida-based real estate conglomerate, to fuel online expansion, increase partnerships, and enhance marketing efforts. At that time, the platform had partnered with over 1,500 gyms and fitness studios in the Delhi-NCR area.
Keywords: fitness marketplace, gym aggregator, workout subscription, class booking app, Delhi-NCR fitness, Indian fitness startup, Akshay Jhinga, Sagar Verma, SD Group, multi-studio membership, pay-per-session gym, fitness services, health and wellness platform, mobile fitness, yoga classes, Zumba booking, personal trainer app, corporate wellness, fitness product marketplace, gym discovery