Results · Commerce & Consumer Brands
Slovic crosses Rs 200 crore ARR, turns profitable
By Startup Enthusiast ·
- Date
- Company
- Slovic
- What it does
- Home fitness equipment brand
- Kind
- Results
- Founded
- 2021
What they do
Slovic makes home fitness gear like resistance bands, yoga mats, and dumbbells
What happened
It crossed Rs 225 crore ARR and turned EBITDA positive in April 2026
Why it matters
The brand sees strong demand from home workouts and quick commerce sales
The details
- Slovic crossed Rs 225 crore in annual recurring revenue (ARR) in April 2026.
- The company also turned EBITDA positive in the same month.
- Revenue grew from Rs 30 crore in FY25 to Rs 92 crore in FY26.
- The company achieved a nearly 250% compound annual growth rate over the last two years.
- Slovic raised about Rs 28 crore in equity funding so far.
- The brand ran a campaign called 'Gym Ghar Lao' and has actor Tiger Shroff as brand ambassador.
The bigger picture
- Gym penetration in India is extremely low, creating a large untapped market.
- Home workouts are gaining preference due to convenience, affordability, and time constraints.
- The company's profitability comes from organic demand and strong brand recall, not external funding.
- There is a growing trend of fitness solutions for children, which Slovic may tap into.
About the business
- Slovic is a consumer-focused fitness ecosystem for home fitness.
- Its product range includes resistance bands, yoga mats, strength-training accessories, dumbbells, and pull-up bars.
- Home workout equipment contributes the largest share of revenue, followed by swimming and cricket gear.
- Sales are split 45% from marketplaces, 45% from quick commerce, and the rest from its D2C website.
- Branded searches for Slovic grew 8X over the last six months.
- The company has a team of around 80-90 people.
- The name Slovic was intentionally created to be culturally neutral.
What happens next
- No immediate fundraising priority as the business is profitable.
- Expanding into new product lines.
Investors
- Haresh Chawla (investor)
- FJ Labs (investor)
- Crossbeam Venture Partners (investor)
- Varun Alagh (investor)
- Titan Capital (incubator) — Incubated Slovic.
Founders
- Aqib Mohammed, Co-founder
- Shashwat Diesh, Co-founder
Other articles talking about it
Same day
- Mishmash Naturals launches kids' Ayurvedic care brand25 May 2026 · Launch
- Veloce AIF raises over 160 crore for second fund25 May 2026 · New fund · ₹300 crore
- Yes Madam raises ₹50 Cr in Series A funding from Info Edge Ventures25 May 2026 · Funding · ₹50 Cr
- JobsUPI launches voice-first hiring platform for blue-collar workers25 May 2026 · Launch
- Fraganote raises ₹8 crore Pre-Series A25 May 2026 · Funding · ₹8 Cr
- Aarti Laxman launches sugar-free dessert company25 May 2026 · Launch