In a significant move that underscores the growing investor appetite for integrated health platforms, Gabit has raised ₹36.2 crore (approximately $3.7 million) in a fresh funding round. The transaction, structured as a Pre-Series A extension, signals a strong vote of confidence in the company’s ambitious strategy to fuse wearable technology with personalized nutrition and skincare. Founded by Zomato cofounder Gaurav Gupta and seasoned entrepreneur Arpana Shahi, Gabit is carving a unique niche in a market heating up with competition, betting that the future of wellness lies not just in tracking data, but in creating a closed-loop ecosystem of actionable health solutions.

This capital infusion is more than just runway extension. It is strategic fuel for a company aiming to build a comprehensive platform that addresses fitness, sleep, stress, and nutrition under a single brand. At a time when consumers are looking for holistic and convenient health management, Gabit’s approach of connecting the dots between a smart wearable, AI-powered coaching, and a direct-to-consumer line of wellness products positions it as a formidable player in India’s burgeoning healthtech landscape.

About Gabit: More Than Just a Wearable

Founded in 2022 by the husband-wife duo of Gaurav Gupta and Arpana Shahi, Gabit was born from a vision to make proactive health management accessible and integrated. Gupta, whose experience scaling Zomato into a public company is well-documented, brings deep expertise in product development, hyper-growth, and building consumer-facing technology. Shahi, founder of the edtech platform SkillTap, complements this with her own entrepreneurial acumen.

The company’s core philosophy is built on a three-pillar strategy that differentiates it from pure-play hardware manufacturers.

  • Hardware: The flagship product is a sleek, titanium smart ring designed to be an unobtrusive, 24/7 health monitor. The company claims it tracks over 150 distinct health markers, covering critical areas like sleep patterns, recovery scores, daily activity levels, and stress indicators.
  • Software: The hardware is deeply integrated with a companion mobile application that serves as the user’s personal health dashboard. Leveraging AI, the app translates raw data into personalized insights, provides customized fitness and habit-coaching plans, and offers actionable advice to improve overall well-being.
  • Consumables: This is arguably Gabit’s most significant differentiator. The platform extends beyond data and insights into tangible products. It has built out a vertical for personalized nutrition supplements and another for skincare, with products like sunscreens, serums, and moisturizers tailored to individual needs, often informed by the data collected through its ecosystem.

This integrated model saw a major boost in December 2025 when Gabit strategically acquired Näck, a Sweden-based nutrition brand, to significantly bolster its supplements and nutrition portfolio. The move signaled a clear intent to own the entire value chain, from data collection to product delivery. This latest funding brings Gabit’s total capital raised to over $12.7 million, following a substantial $9.5 million seed round in 2023 led by Norwest Venture Partners, with participation from Zomato’s Deepinder Goyal and CRED’s Kunal Shah. The company also brought on celebrities Ranbir Kapoor and Badshah as investors in an undisclosed round last year, adding significant brand firepower.

The Deal Deconstructed

The ₹36.2 crore financing was meticulously structured as a Pre-Series A5 round, indicating a series of planned capital infusions rather than a single large cheque. This approach often allows startups to raise capital based on achieving specific milestones without undergoing a full valuation reset.

A Staged Infusion

According to regulatory filings, Gabit’s board executed the fundraise in two distinct tranches earlier this year.

  • In March, the board approved the allotment of 4,274 Pre-Series A5 Compulsorily Convertible Preference Shares (CCPS) at an issue price of ₹38,886 per share (including a premium of ₹38,786 on a ₹100 face value), aggregating to approximately ₹16.6 crore.
  • This was followed by another resolution in April to allot an additional 4,573 CCPS at the same issue price, raising the remaining ₹19.6 crore.

This staged approach provides the company with operational flexibility while demonstrating consistent investor support. The round was subscribed to by a clutch of angel investors, including prominent names like Deepak Gupta, Arnab Basu, Manav Gupta, and Vilas Dhar. While not a classic venture capital-led round, the participation of experienced operators and high-net-worth individuals brings not just capital but also a network of strategic advisors who believe in the long-term vision of an integrated wellness platform.

Capital Deployment: Fueling a Three-Pronged Attack

The fresh capital is earmarked for accelerating growth across all three of Gabit’s core business verticals. The company plans a focused deployment strategy aimed at deepening its product moats and expanding its market reach.

The primary use of funds will be directed towards scaling the wearables, nutrition, and skincare businesses. This includes research and development for the next generation of its smart ring and other potential connected devices. In the hyper-competitive wearables market, continuous innovation in sensor accuracy, battery life, and form factor is non-negotiable.

A significant portion of the capital will also be invested in expanding the product lines within its nutrition and skincare verticals. This involves new product formulations, strengthening the supply chain for the products acquired via Näck, and ramping up marketing and distribution for its direct-to-consumer offerings. Finally, the funds will be used to enhance the AI and machine learning capabilities of its software platform, making the coaching engine smarter, more personalized, and more effective at driving positive health outcomes for users.

The Crowded Quest for India’s Wellness Wallet

Gabit is operating in one of the most exciting, and consequently competitive, sectors in Indian tech. The market for health and wellness is undergoing a fundamental shift, with consumers moving from reactive healthcare to proactive, preventative wellness. This has created a massive addressable market for companies that can provide effective, easy-to-use solutions.

The Competitive Arena

The most direct and formidable competitor is Ultrahuman, a Bengaluru-based contemporary that has gained significant traction and global recognition for its Ring AIR device and integrated metabolic health platform. Ultrahuman has successfully positioned itself as a premium, hardware-first brand, setting a high bar for product design and user experience in the smart ring category. Other players in the broader wearables space include Muse Wearables and HAR.

While the smart ring grabs the headlines, Gabit’s real play is the integration of hardware, AI-driven software, and a recurring revenue stream from its consumable wellness products.

Gabit’s strategy, however, appears to be a deliberate counterpoint to the hardware-centric approach. By building out its nutrition and skincare verticals, Gabit is not just selling a device; it is selling an ecosystem. The thesis is that the wearable is the gateway to a long-term customer relationship built on recurring purchases of high-margin consumable products. This integrated model, if executed well, could create a stickier customer base and more diverse revenue streams compared to competitors focused primarily on device sales and subscription software.

What’s Next on the Roadmap

With this new capital, Gabit is well-positioned to execute on its ambitious roadmap over the next 12 to 18 months. The immediate priority will be to deepen the synergy between its three verticals. The holy grail for the company is to create a seamless feedback loop where data from the smart ring directly informs personalized recommendations for its supplements and skincare products, creating a powerful and defensible user experience.

This Pre-Series A extension fortifies the company’s balance sheet and provides the necessary firepower to achieve key growth metrics ahead of a potentially larger, institutional Series A round. The focus will likely be on scaling its user base, growing its D2C revenue, and further proving the efficacy of its integrated model.

The journey for Gaurav Gupta and Arpana Shahi is just beginning, but their methodical approach to building a full-stack wellness company is a clear signal of their intent. In a market where consumers are increasingly seeking unified solutions for their health, Gabit’s bet on owning the entire journey, from data to product, may just be the winning formula.