# Fitterfly Healthtech Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fitterfly-healthtech-private

- Industry: Travel & Leisure
- Headquarters: Navi Mumbai, India
- Website: www.fitterfly.com
- Total disclosed funding: $18M
- Latest round: Series A (Jul 12, 2022)
- Investors on record: 6

## About

Fitterfly Healthtech Private Limited, based in Navi Mumbai, India, is a digital health company focused on empowering individuals through technology-driven solutions for metabolic health, primarily in diabetes and weight management. Founded in 2016, Fitterfly Healthtech Private Limited specializes in providing digital solutions aimed at managing metabolic health conditions. The founders, Arbinder Singal and Shailesh Gupta, have a history in health technology and entrepreneurship. The company raised INR 933.53 million in Series A funding on July 12, 2022, with investors including Amazon and Fireside Ventures, valuing the company at INR 3.75 billion post-money. To date, the company has completed five deals. Fitterfly's primary offerings include Fitterfly Diabetes Prime, a one-year program for Type 2 diabetes management, integrating continuous glucose monitoring with expert coaching. The Fitterfly Weight Loss program provides tailored weight loss guidance to help users achieve a healthy Body Mass Index (BMI). These services are designed to engage users through a blend of technology and professional support, catering to individuals looking to improve their metabolic health and targeting urban and suburban markets across India. In the most recent fiscal year of 2023, Fitterfly reported revenue of INR 513,270.50 and an EBITDA of -INR 4,772,396. Revenue is generated through subscription models that offer personalized health programs, including continuous support from health professionals, which further solidifies the company's standing within the health tech market.Fitterfly plans to utilize the recent funding from its Series A round to enhance its technology stack and improve branding efforts. The company is also looking to expand its geographical reach and is in the process of designing new health programs set to launch in the coming year. The focus on innovation and brand development aims to capture a larger market share in India and potentially explore international markets in the future.

## Funding rounds

- Series A, Jul 12, 2022, $12M — Fireside Ventures, Venture Catalysts, Amazon, 100Unicorns, Tejal Merchantile, 4point0 Health Ventures
- Series A, Mar 9, 2021, $3.1M — Fireside Ventures, Venture Catalysts, 100Unicorns, 4point0 Health Ventures
- Seed, Dec 9, 2020, $3M — 100Unicorns

## Investors

- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Seed, Series A
- Fireside Ventures (https://capitalatlas.ai/funds/fireside-ventures) — Series A
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Series A
- 4point0 Health Ventures (https://capitalatlas.ai/funds/4point0-health-ventures) — Series A
- Amazon (https://capitalatlas.ai/funds/amazon) — Series A
- Tejal Merchantile (https://capitalatlas.ai/funds/tejal-merchantile) — Series A