Gabit

Founded in 2023 by co-founders Gaurav Gupta and Arpana Shahi in Gurgaon, India, Gabit specializes in creating innovative health monitoring devices.Gabit Smart Ring’s core product offering is a sophisticated health and wellness device designed to monitor various physiological parameters, including sleep quality, heart rate, stress levels, and activity metrics. The smart ring utilizes advanced sensors such as photoplethysmography (PPG) for heart rate monitoring, SpO2 sensors for blood oxygen saturation, and accelerometers to track movement and activity levels throughout the day. Released recently, the Gabit Smart Ring addresses common challenges faced by health-conscious consumers, such as understanding sleep patterns and managing stress, thereby enabling users to make informed decisions regarding their health. The primary customer base includes fitness enthusiasts, individuals aiming to improve their overall health, and those seeking to manage chronic conditions.The company employs a direct-to-consumer sales model, allowing customers to purchase the device through their website. The transaction structure involves one-time purchases without ongoing subscription fees, although consumers may have the option to access accompanying services through a mobile app that enhances the ring's functionality.5 mn to enhance product development and expand its market reach. This includes designing new versions of the Smart Ring and launching additional health-focused products by mid-2024. The company is also targeting expansion into Asian markets, including Japan and South Korea, by the end of 2025, capitalizing on the increasing interest in health technology and wearable devices in these regions.

1. Seed

   Jun 1, 2023

   Amount

   $9.5M

   Investors

   Locked