Results · Healthcare & Life Sciences
Sugar.fit narrows loss, revenue jumps 77%
By Startup Enthusiast ·
- Date
- Company
- Sugar.fit
- What it does
- Diabetes care program
- Kind
- Results
- Founded
- 2021
What they do
Sugar.fit runs a diabetes care program combining technology with human interventions
What happened
Its FY25 operating revenue rose 77% to Rs 66.5 crore, while loss fell 11% to Rs 42 crore
Why it matters
The company spent Rs 1.76 to earn each rupee, improving from Rs 2.37 in FY24
The details
- Sugar.fit reported FY25 financial results.
- Operating revenue rose 77% to Rs 66.5 crore from Rs 37.5 crore in FY24.
- Total income including other income was Rs 75 crore, up from Rs 42 crore.
- Total expenses grew 31.5% to Rs 117 crore.
- Net loss narrowed 11% to Rs 42 crore from Rs 47 crore.
- The company spent Rs 1.76 to earn each rupee, improved from Rs 2.37.
- Cash and bank balances fell to Rs 1 crore from Rs 5.6 crore.
The bigger picture
- India has a large diabetes market with many competing solutions.
- Sugar.fit's data and learnings from expanding influence could be valuable.
- The market has limited paying capacity, making unit economics critical.
About the business
- Sugar.fit offers a diabetes care program combining technology with personalized human interventions.
- Revenue from services is the sole source of income.
- Advertisement expenses were Rs 34 crore, flat year-on-year, 29% of total expenses.
- Employee benefit expenses were Rs 33 crore, up 18%, 28% of total expenses.
- Cost of materials consumed jumped to Rs 21 crore from Rs 0.6 crore, 18% of total expenditure.
- Other overheads (legal, professional, miscellaneous) were over Rs 24 crore.
Investors
- MassMutual Ventures (lead)
- Tanglin Venture (lead)
About Sugar.fit
- Product
- Digital health platform offering glucose monitoring, consultations, personalized care meals, and fitness plans.
- Customers
- Individuals living with Type 2 diabetes and pre-diabetes.
- How it makes money
- Direct consumer subscriptions for personalized diabetes management and reversal programs.
- What sets it apart
- Continuous glucose monitoring integrated with personalized, science-backed lifestyle and dietary interventions.
- Operations
- Operates across Indian cities with digital services and planned offline clinics.
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