Gabit raises $3.7M angel round to expand wearables, nutrition and skincare play
What's the deal? Indian wearable healthtech startup Gabit has raised ₹36.2 Cr (about $3.7M) in a fresh funding round from angel investors including Deepak GuptaDealroom has a profile for this one. Try Dealroom →, Arnab Basu, Manav Gupta, and Vilas Dhar. The round brings Gabit's total funding past $12.7M, excluding an undisclosed 2025 round backed by Bollywood actor Ranbir KapoorDealroom has a profile for this one. Try Dealroom → and rapper Badshah.
Founded in 2022 by former Zomato cofounder Gaurav Gupta and former SkillTapDealroom has a profile for this one. Try Dealroom → founder Arpana Shahi, Gabit sells smart wearables — including a titanium smart ring — alongside AI-powered coaching, personalised nutrition supplements, and skincare products.
According to MCA filings, the funding came in two tranches: ₹16.6 Cr approved in March 2026 and ₹19.6 Cr in April 2026, both through pre-Series A5 convertible preference shares. The round appears to be ongoing.
Why now? India's wearable healthtech space is heating up, with startups moving beyond basic fitness trackers into AI-driven preventive healthcare, stress management, and integrated wellness. Investor appetite has surged since late 2025.
Deepinder Goyal-backed wearable startup Temple secured $54M in Q1 2026 at a $190M valuation. SychedelicDealroom has a profile for this one. Try Dealroom → raised $3.5M for its smart headphones, and Mave HealthDealroom has a profile for this one. Try Dealroom → pulled in $2.1M in a Blume Ventures-led seed round in March 2026. India's smart wearables market is projected to reach $10.26B by 2031.
Gabit itself has been expanding aggressively. In December 2025, it acquired Swedish nutrition brand Näck to bolster its supplements vertical. Its smart ring claims to track over 150 health markers spanning sleep, recovery, activity, stress, and nutrition.
What could go wrong? Gabit faces stiff competition from Ultrahuman, Muse WearablesDealroom has a profile for this one. Try Dealroom →, and HAR in a market that's attracting well-funded rivals. Spreading across wearables, nutrition, and skincare simultaneously is ambitious — and risks stretching the startup thin before it dominates any single category.
The reliance on angel investors rather than institutional capital at this stage could also signal difficulty securing a larger priced round.
The signal: Dealroom classifies Gabit as a "breakout" stage company, yet its continued reliance on angel investors — rather than the institutional backers like Norwest Venture Partners that led its $9.5M seed — suggests the startup is still working to prove that its sprawling hardware-plus-supplements-plus-skincare model can generate the unit economics needed to unlock a larger priced round. In a crowded Indian wearable market attracting nine-figure bets like Temple's $54M raise, Gabit's trajectory will hinge on whether bundling multiple health verticals translates into measurably stronger retention and revenue per user.
Read more: Inc42
