StopDownOpen the app

Funding · Healthcare & Life Sciences

Gabit raises ₹36.2 crore in pre-series A funding

By ·

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
Sector
Healthcare & Life Sciences

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

Other articles talking about it

Read it as a card in the app

Same day

All startup news on 22 May 2026 →