🦊/Companies

Growfitter

Founded 2016 · 11 known investors

Find your way into Growfitter

210 people in our graph share verified history with the Growfitter team — schools, employers, funds. One of them is your warm intro.

Steve Murrayunlockedknows Harshit Sethy · together at Kony, Inc. (overlapped)
×8knows the team · via Alchemist Accelerator
knows the team · via The Institute of Chartered Accountants of India
knows the team · via Alchemist
knows the team · via Sahara India

Growfitter is an India-based fitness rewards app that lets users earn redeemable points and token-based rewards for staying active.

Also known as $GFIT · GFIT

Founders & leadership

Growfitter was founded in 2016 by Sanmati Pande and Harshit Sethy.

SPSanmati Pande
Sanmati Pandein𝕏Co-founder & CEOSanmati Pande is a CPA (Australia) and Chartered Accountant with an MBA and ten years of experience in corporate finance and treasury, including involvement in large-scale international acquisitions. She is co-founder and CEO of Growfitter, an India-based fitness rewards app.
HSHarshit Sethy
Harshit SethyinCo-Founder & CTOHarshit Sethy is Co-founder and CTO of Growfitter, a health-tech rewards platform, and Co-founder and CTO of Gotouniversity, an academic guidance and test preparation platform. He holds an M.Tech in Artificial Intelligence with research experience in reinforcement learning.

Investors · 11

Also in the syndicate · 7

Baksh CapitalleadDevX Accelerator FundDevX Venture FundFirst Port CapitalInflection Point VenturesleadJPINStartup Angel Network

Funding

SEC filings, press & company announcements

$500K disclosed across 1 of 5 rounds · 2022–2026

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Growfitter operates a consumer fitness platform that connects users to a network of gyms and fitness studios across India and rewards physical activity with redeemable points. Through its mobile app, users can discover partner fitness centres at discounted rates, track workouts, and accumulate "Growfitter Points" (GP) that can be exchanged for consumer rewards such as electronics, streaming subscriptions, cinema vouchers and cashback. Reward examples listed on its site include chances to win an Ola S1 Pro scooter, a Samsung Galaxy Z Flip 5, an Apple Watch 10, a Netflix 4K HDR subscription and PVR gift vouchers, each priced at a set number of GP.

Alongside the consumer app, the company runs a supply-side program in which gyms, fitness centres and individual trainers register on the platform to acquire customers, and a corporate offering positioned around employee engagement, workplace culture and returns on HR investment. Growfitter also markets $GFIT, described as a real-world-asset and brand rewards platform powered by AI that ties on-chain activity to real-world rewards and yield.

Business model

Growfitter sits between consumers and fitness supply, offering app users discounted access to partner gyms and studios plus points-based rewards, while gyms, studios and trainers register on the platform to reach new customers. A business-to-business track markets the platform to employers as an employee engagement and wellness benefit.

Revenue lines are not detailed beyond the platform's paid partner-gym access, partner acquisition offering for fitness centres and trainers, and corporate wellness program.

Traction

The company's site reports more than 3 million registered app users, more than 1 million on-chain wallets and more than 1.5 million rewards.

Full profile — market position, technology, go-to-market, geography

Market position

Positions $GFIT as the first token offering real-world rewards, pairing activity tracking with redeemable consumer prizes, discounts and cashback rather than fitness content alone.

Technology

A mobile app for discovering fitness centres, tracking workouts and accruing Growfitter Points, combined with a blockchain component: the $GFIT token, presented as an AI-powered real-world-asset and brand rewards platform, with user activity reflected in on-chain wallets.

Go-to-market

Direct consumer acquisition via app downloads and reward incentives, self-service registration for fitness centres and trainers, and enterprise sales of a workforce wellness and engagement program to HR buyers.

Consumers pursuing fitness goals; gyms, fitness studios and independent trainers seeking customer acquisition; and employers and HR teams looking for employee engagement and wellness programs.

Geography

Fitness centre network described as spanning India ("Pan India").

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
On-chain walletsJan 20251,000,000 wallets
Registered app usersJan 20253,000,000 users
RewardsJan 20251,500,000 rewards

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Growfitter do?
Growfitter is an India-based fitness rewards app that lets users earn redeemable points and token-based rewards for staying active.
Who founded Growfitter?
Growfitter was founded by Sanmati Pande, Harshit Sethy in 2016.
Who are Growfitter's investors?
Growfitter's investors include Brinc, Blockchain Founders Fund, Mumbai Angels, Venture Catalysts.
How much funding has Growfitter raised?
Growfitter has disclosed $500K raised across 1 of its 5 known rounds.