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Boldfit seeks $80–100m PE round at ₹3,000–4,000 crore valuation

Indian D2C fitness brand Boldfit has begun seeking $80-100 million from private-equity investors, targeting a ₹3,000-4,000 crore valuation. Avendus is advising the process as the brand expands across fitness equipment, footwear, apparel and athleisure.

Newer report , , IMAGES Business of Fashion : Boldfit appoints former Lenskart CBO Oliver Kaye as COO

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The numbers

Figures from Mint,

₹110 crore raised in 2024
FY25 operating revenue ₹139.70 crore
FY25 net profit ₹16.81 crore

Why it matters to operators and investors

Boldfit’s prospective PE raise could fund faster expansion across equipment, footwear and athleisure, increasing competitive pressure in India’s D2C fitness market.

What to watch next

  • Named PE investor, final cheque size, valuation and whether the deal contains structured or tranche-based terms.
  • Evidence of FY26 revenue growth, EBITDA/profitability and marketing spend as a share of sales.
  • Category mix shift toward footwear, apparel and equipment versus lower-ticket accessories.
  • Offline store launches, distribution partnerships or gym/corporate wellness tie-ups.
  • Inventory days, discounting levels, return rates and marketplace concentration.

The source

Source Read the source at Mint Published

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