India’s fitness tech sector is experiencing a slowdown from its earlier peak performances, as investors adopt a more cautious stance, according to a report by Traxcn.
According to the report, the sector has raised USD 7 million in 2025 so far. Over the last decade, annual funding grew from USD 24.2 million in 2016 to a record USD 387.9 million in 2021, before moderating to USD 48.3 million in 2024. 2021 marked the most funded year, driven by Cult.fit’s landmark USD 180 million Series F round, which showcased the broader surge in funding activity across various sectors.
To date, the sector has raised USD 989 million across 203 equity rounds, a steady expansion despite current cautious funding activity. India’s Fitness Tech ecosystem is currently comprised of more than 600 active startups, of which 96 have secured equity funding.
Neha Singh, Co-Founder of Tracxn, said,
India’s Fitness Tech Ecosystem Matures Amid Cautious Investor Sentiment: Report
