With the latest capital infusion, Gabit’s cumulative funding has crossed $ 12.7 million
Gurgaon-based Wearable healthtech startup Gabit has raised around INR 36.2 crore (about $3.7 Mn) in a fresh funding round backed by angel investors.
The company raised the latest funding from a group of angel investors, including Deepak Gupta, Arnab Basu, Manav Gupta, Vilas Dhar, and other strategic investors.
With the latest capital infusion, Gabit’s cumulative funding has crossed $ 12.7 million, excluding an undisclosed celebrity-backed investment round involving Ranbir Kapoor and Badshah conducted last year.
Founded in 2022 by former Zomato co-founder Gaurav Gupta and entrepreneur Arpana Shahi, the startup operates across multiple wellness categories, combining wearable technology, AI-enabled healthcare, recovery solutions, skincare, and preventive health services within a single unified ecosystem.
The fresh capital infusion is expected to accelerate the expansion of its wearable device ecosystem and strengthen its AI-based health platform.
As per the startup, its flagship wearable tracks more than 150 health metrics spanning sleep quality, physical activity, stress levels, recovery patterns, and nutrition-related indicators.
The collected insights are integrated with the startup’s mobile application, which leverages AI-powered analytics to provide personalised recommendations and customised wellness guidance.
Through AI-driven recommendations and continuous health tracking, the platform aims to support preventive healthcare by enabling users to better understand their health patterns, make informed healthcare decisions, and access a more personalised user experience.
Reportedly, the funding was completed through multiple tranches of pre-Series A5 compulsorily convertible preference shares (CCPS).
The latest investment comes amid rising consumer preference for preventive healthcare, personalised healthcare management, and health-tracking technologies across India.
Beyond wearables, the company has expanded into adjacent categories to strengthen its ecosystem approach.
Further, before this round, Gabit had also raised $ 9.5 million in seed funding led by Norwest Venture Partners, with participation from investors including Deepinder Goyal and Kunal Shah.
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