Healthify, founded in 2011 by Tushar Vashisht, is a leading digital health and wellness company that empowers millions to eat better and live healthier. Based in Bengaluru, Healthify offers AI-powered coaching, personalized nutrition, and fitness tracking solutions. The company has grown steadily, recording ₹170 Cr in revenue and ₹15 Cr in net profit for FY24, with a lean yet impactful team of 450 employees. Supported by strong investor backing and continuous product innovation, Healthify aims to redefine preventive healthcare in India and globally.
| Founding year | 2011 |
|---|---|
| Headquarters | Bengaluru, Karnataka, India |
| Valuation | ~$650M (2023) |
| Total Funding | $110M |
| Annual Revenue | ₹170 Cr (FY24) |
| Annual Net Profit | ₹15 Cr (FY24) |
| EBITDA Margin | 9% |
| Employees | ~450 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Seed | 2012 | $1M | Angel investors |
| Series A | 2015 | $5M | IDG Ventures |
| Series B | 2018 | $18M | Sistema Asia Fund, IDG Ventures |
| Series C | 2021 | $75M | LeapFrog Investments, Khosla Ventures |
| Series D | 2023 | $11M | Existing investors |
Healthify’s revenue has grown from ₹95 Cr in FY22 to ₹170 Cr in FY24, highlighting strong customer adoption and market leadership. Net profit improved steadily to ₹15 Cr in FY24, demonstrating operational efficiency and healthy unit economics as the company scales its wellness services.
EBITDA margins have gradually improved from 5% in FY22 to 9% in FY24. Healthify’s disciplined approach to cost control and investment in automation has strengthened its financial foundation, ensuring long-term sustainability while expanding its service offerings.
Healthify’s workforce grew from 300 in FY22 to 450 in FY24, reflecting the company’s focus on scaling its tech, content, and coaching teams. The lean but rapidly growing team has enabled faster feature rollouts and personalized user experiences, contributing to continued customer retention and growth.
Healthify recently launched a corporate wellness program aimed at enhancing employee productivity and well-being. The company also announced new AI-based features to deliver hyper-personalized health insights. These initiatives have received positive media coverage, further solidifying its market position.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ Strong YoY increase |
| Profitability | ▲ Positive and improving net profit |
| Funding | ▲ Raised $110M across 5 rounds |
| Operational Efficiency | ▲ Improving margins and lean scaling |
| Valuation | ▲ $650M as of 2023 |
Healthify’s growth trajectory and robust financials highlight its leadership in the digital health and wellness space. With strong revenue growth, profitability, and a focus on technological innovation, Healthify is well positioned for long-term success and potential IPO ambitions.
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This report is generated for informational purposes only and does not constitute investment advice.