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Brand of peanut butter
Last updated:
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MyFitness Key Metrics
- Founded Year
- 2018
- Location
- Silvassa, India
- Company Stage
- Acquired
- Total Funding
- $2.23M
- Latest Funding Round
- $1.2M, Seed, Jan 06, 2024
- Employee Count
- 77 as on Mar 31, 2024 View historical trend
- Valuation
- $6.2M as on Jan 06, 2024
- Annual Revenue
- $11.5M as on Mar 31, 2023
- Competitor Rank
- 1st out of 47 competitors with a Tracxn Score of 50/100What is this?
- Acquisitions
- MyFitness has not made any acquisitions yet
- Investments
- MyFitness has not made any investments yet
Company profile of MyFitness
What sectors and market segments does MyFitness operate in?
MyFitness
serves in the
B2C space in the
Food and Agriculture, Consumer Goods market segments.
The primary business models of MyFitness are:
Food and Agriculture > ********* ** **** ** > ******Consumer Goods > ********* ** **** ** > ******
Which legal entities is MyFitness associated with?
MyFitness
is associated with
1
legal entit
y
given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
TANVI FITNESS PRIVATE LIMITED | Jan 30, 2019 | $919M (as on Mar 31, 2023) | -$3.15M (as on Mar 31, 2023) | 444 |
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Funding and Investors of MyFitness
How much funding has MyFitness raised till date?
MyFitness has raised a total funding of $2.23M over 2 rounds. It's first funding round was on Jul 29, 2021. It's latest funding round was a Seed round on Jan 06, 2024 for $1.2M. 7 investors participated in it's latest round, lead by Iplix, Tech Burner, Think School, BB Ki Vines, DSG Consumer Partners.
List of recent funding rounds of MyFitness
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 06, 2024 | $1.2M | Seed | 4590994 | 5460324 | Iplix, Tech Burner, and 5 more |
Jul 29, 2021 | $1.03M | Seed | 9214810 | 3539672 | 9Unicorns, Ashutosh Valani, and 12 more |
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Who are the investors in MyFitness?
MyFitness has 10 institutional investors including DSG Consumer Partners, Think School and Tech Burner. DSG Consumer Partners is the largest institutional investor in MyFitness. Anjali Bansal and 12 others are Angel Investors in MyFitness.
View details of
MyFitness funding rounds and investorsFounders and Board of Directors of MyFitness
Founder? Claim ProfileWho are the CEO, Founders and Directors of MyFitness?
- Rahil Virani, Co-Founder & CMO, is a founder of 1 company and on the board of 1 company.
- Mohammad Patel, Founder, is a founder of 1 company and on the board of 1 company.
- Anant Dang, Additional Director, is on the board of 1 company.
- Vinay Juluri, Additional Director, is on the board of 2 companies.
How many employees does MyFitness have?
MyFitness has 77 employees as of Mar 24. The total employee count is 14.9% more than what it was in Mar 23.
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View details of
MyFitness's Founder profiles and Board MembersCompetitors of MyFitness
Competitive landscape of MyFitness
MyFitness
has a total of
47 competitors and it
ranks 1 st
among them.
6 of its competitors are funded while 1 has exited.
Overall,
MyFitness
and its competitors have raised over
$4.37M
in funding across
14
funding rounds involving
173
investors.
There is 1 acquired company in the entire competition set.
Below is a comparison of top competitors of MyFitness
MyFitness | Spice Story | Mapro Foods | Happy Jars | |
|---|---|---|---|---|
Description | Brand of peanut butter | Online platform offering a variety of chutneys | Manufactures and markets packaged and processed food | Brand of peanut butter |
Founded Year | 2018 | 2019 | 1959 | 2016 |
Location | Silvassa (India) | Mumbai (India) | Satara (India) | Delhi (India) |
Company Stage | Acquired | Seed | Unfunded | Seed |
Unicorn Rating | - | - | - | - |
Total Funding | $2.23M | $1.04M | - | $764K |
Funding Rounds | 2 | 6 | - | 2 |
Latest Round | Seed, $1.2M, Jan 06, 2024 | Angel, $85.9K, Jan 26, 2023 | - | Seed, $350K, Aug 01, 2022 |
Investor Count | 23 | 38 | - | 88 |
Top Investors | DSG Consumer Partners, 9Unicorns& 21others | LetsVenture, Venture Catalysts& 36others | - | IPV, Alluvium& 86others |
Tracxn ScoreWhat is this? | 50/100 | 34/100 | 32/100 | 29/100 |
Overall Rank | 1st | 2nd | 3rd | 4th |
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MyFitness
's competitors? Click
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Latest Shareholding of MyFitness
Who are the current shareholders of MyFitness?
- As of Jan 06, 2024's latest post-round ownership report, Founders hold 80.60% at a net worth of INR 41.5Cr.
- Founders own the majority of MyFitness's shares, accounting for 80.60%, while Fund hold 16.12%, Other Investors hold 2.09%, Enterprise hold 0.91% and Angel hold 0.29%.
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of
MyFitness's ShareholdingInvestments and acquisitions by MyFitness
MyFitness
has made no investments or acquisitions yet.
Reports related to MyFitness
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all reports related to MyFitnessor
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MyFitness Recent News
•
Mensa Acquires MyFitness BrandTechStory•Sep 13, 2022•Mensa Brands,
MyFitness
•
Mensa Brands forays into health food category; acquires peanut butter maker MYFITNESSBusiness Today•Sep 12, 2022•Mensa Brands,
MyFitness
•
MyFitness launches new brand Suprfit, offering effervescent tablets & apple cider vinegarFFOODS Spectrum•Nov 01, 2021•MyFitness
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Frequently asked questions about MyFitness
When was MyFitness founded?
MyFitness
was founded in
2018
Where is MyFitness located?
MyFitness
is located in
Silvassa,
India.
Is MyFitness a public company?
MyFitness
is not a Public company. Its current company stage is
Acquired
When was the latest funding round of MyFitness?
MyFitness
's latest funding round was on
Jan 06, 2024
What is the valuation of MyFitness?
MyFitness
's valuation is
$6.2M
What is the annual revenue of MyFitness?
Annual revenue of
MyFitness
is
$11.5M
as on
Mar 31, 2023
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