Funding · Healthcare & Life Sciences
Gabit raises ₹36.2 crore in pre-series A funding
By Startup Enthusiast ·
- Date
- Company
- Gabit
- What it does
- Health and wellness platform with smart ring
- Kind
- Funding
- Amount
- ₹36.2 Cr ($3.7 Mn)
- Stage
- pre-Series A5
- Founded
- 2022
What they do
Gabit is a health and wellness platform offering a titanium smart ring that tracks over 150 health markers
What happened
The company raised ₹36.2 crore via CCPS allotments in March and April 2026
Why it matters
Total funding crossed $12.7 million, excluding an undisclosed round from celebrity investors
The details
- Gabit raised ₹36.2 crore via pre-Series A CCPS allotments in March and April.
- March tranche involved 4,274 shares at a premium for ₹16.6 crore.
- April tranche involved 4,573 shares at the same price for ₹19.6 crore.
- Total funding crossed $12.7 million, excluding an undisclosed round.
- Angel investors include Deepak Gupta, Arnab Basu, Manav Gupta, and Vilas Dhar.
- Seed round was $9.5 million in 2023 led by Norwest Venture Partners.
- Celebrity investors Ranbir Kapoor and Badshah participated in a previous undisclosed round.
- Founders Gaurav Gupta and Arpana Shahi are a husband-wife duo who started Gabit in 2022.
The bigger picture
- India wearable healthtech is shifting toward AI-powered preventive healthcare and stress management.
- The India smart wearables market is projected to reach $10.26 billion by 2031.
- Peer companies like Sychedelic and Mave Health recently raised seed funding.
- Temple secured $54 million backed by Deepinder Goyal in a recent deal.
About the business
- Gabit operates as a health and wellness platform focusing on fitness and nutrition.
- It offers a titanium smart ring tracking over 150 health markers.
- The ring monitors sleep, recovery, activity, stress, and nutrition levels.
- A companion app provides AI-driven insights and customized fitness plans.
- Habit coaching features help users maintain healthy routines effectively.
- Gabit acquired Sweden-based Näck for its nutrition vertical last December.
- The skincare vertical includes sunscreens, serums, facewash, and moisturizers.
- Products cater to different skin types and specific concerns.
- The company competes with Ultrahuman, Muse Wearables, and HAR in India.
The deal
- Type
- CCPS allotment
Founders
- Gaurav Gupta, Co-founder
- Arpana Shahi, Co-founder
About Gabit
- Product
- Smart ring wearable with companion app providing continuous health tracking, AI-driven insights, fitness routines, nutrition plans, and supplement integration
- Customers
- Health-conscious individuals and fitness enthusiasts seeking preventive healthcare and wellness optimization
- How it makes money
- Direct-to-consumer wearables and subscription platform for health tracking and personalized coaching
- What sets it apart
- Full-stack longevity platform combining continuous tracking, diagnostics, personalized plans, and supplement ecosystem
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