Gabit Raises ₹36 Cr To Push Smart Ring, Nutrition & Skincare Lines
Ex-Zomato cofounder Gaurav Gupta's wearable healthtech venture Gabit has netted ₹36.2 Cr ($3.7 Mn) from angels, lifting total funding past $12.7 Mn. Capital will fuel expansion across smart ring hardware, AI coaching, nutrition and skincare verticals as it chases a market projected to hit $10.26 Bn by 2031.
What happened
Wearable healthtech startup Gabit, founded by ex-Zomato cofounder Gaurav Gupta, raised ₹36.2 Cr from angel investors to expand its smart ring, AI coaching,
Key facts
- ₹36.2 Cr
- $3.7 Mn
- $12.7 Mn total funding
- $9.5 Mn seed 2023
- $10.26 Bn market by 2031
Why this matters
Gaurav Gupta's Zomato pedigree plus a hardware-plus-consumables bundle makes Gabit a plausible acqui-hire or strategic tuck-in for larger D2C wellness or smartphone OEM platforms eyeing India's healthtech wedge.
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