{Funding Alert} Wearable Healthtech Startup Gabit Secures Rs 36.2 Cr Funding – Indian Retailer

{Funding Alert} Wearable Healthtech Startup Gabit Secures Rs 36.2 Cr Funding


Wellness startup Gabit has secured nearly Rs 36.2 crore, or approximately USD 3.7 million, in fresh funding, reflecting growing investor interest in India’s wearable healthtech and preventive wellness sector.

Founded in 2022 by former Zomato cofounder Gaurav Gupta and entrepreneur Arpana Shahi, the company raised capital from a group of angel investors, including Deepak Gupta, Arnab Basu, Manav Gupta, Vilas Dhar, and other strategic investors. The funding was completed through multiple tranches of pre-Series A5 compulsorily convertible preference shares (CCPS). Following this round, Gabit’s cumulative funding has surpassed USD 12.7 million, excluding an undisclosed celebrity-backed investment round involving Ranbir Kapoor and Badshah conducted last year.

Gabit operates across multiple wellness categories, combining wearable technology, AI-enabled healthcare, nutrition, recovery solutions, skincare, and preventive health services within a single ecosystem.

According to Gabit, its flagship wearable tracks more than 150 health metrics spanning sleep quality, physical activity, stress levels, recovery patterns, and nutrition-related indicators. These insights are integrated with the company’s mobile application, which provides AI-driven recommendations and customised wellness guidance.

The latest investment comes amid rising consumer preference for preventive healthcare, personalised wellness management, and health-tracking technologies across India. Gabit has positioned itself in the premium wellness segment by integrating devices, software, and subscription-led wellness services.

Beyond wearables, the company has expanded into adjacent categories to strengthen its ecosystem approach. Its skincare range now includes sunscreens, face washes, moisturisers, and serums tailored to varying skin concerns and user profiles.

Prior to this round, Gabit had raised USD 9.5 million in seed funding led by Norwest Venture Partners, with participation from investors including Deepinder Goyal and Kunal Shah.

The company has also pursued inorganic growth to broaden its offerings. Last year, Gabit acquired Sweden-based nutrition brand Näck, adding supplements and nutrition products to its growing wellness portfolio.

The funding comes at a time when India’s wearable and digital health sector is seeing increased investor activity, particularly in startups focused on AI-driven healthcare, sleep technology, recovery solutions, and preventive wellness.

Industry projections estimate that India’s smart wearables market could reach nearly USD 10.26 billion by 2031, creating larger growth opportunities for companies building connected healthcare and personalised wellness platforms.

Gabit’s latest capital raise reflects a wider trend in the healthtech sector, where startups are increasingly combining hardware, AI, digital subscriptions, and wellness commerce to create scalable and long-term consumer ecosystems.

 



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