StopDownOpen the app

Results · Commerce & Consumer Brands

Slovic crosses Rs 200 crore ARR, turns profitable

By ·

Date
Company
Slovic
What it does
Home fitness equipment brand
Kind
Results
Founded
2021
Sector
Commerce & Consumer Brands

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

Founders

  • Aqib Mohammed, Co-founder
  • Shashwat Diesh, Co-founder

Other articles talking about it

Read it as a card in the app

Same day

All startup news on 25 May 2026 →