COMPANY INTELLIGENCE PROFILE
Medifit Consultants Pvt Ltd
Bengaluru-based corporate wellness and fitness services provider running on-site health/fitness programs, equipment leasing and turnkey wellness centres for 60+ large corporate clients across 300+ locations in India.
Medifit Consultants Pvt Ltd, based in Bengaluru, provides corporate wellness and fitness services, managing on-site programs and leasing equipment for over 60 large corporate clients across 300+ locations in India. Established in 1999, the company reported a revenue of ₹28.2 crore for FY2025. The company runs wellness centers and engages a workforce that increased from 161 in March 2024 to 286 by August 2025.
AI-generated, may contain errors.
Business Overview
- Medifit Consultants Pvt Ltd is a Bengaluru-based corporate wellness and fitness services company.
- Founded in 1999 in Bangalore by Dr.
- Shardul Sinha (MBBS) and Mrs.
- Satya Sinha, the operating brand predates the 2005 corporate registration, the company designs and runs on-site health, wellness and fitness programs for corporate campuses across India — spanning equipment sales/leasing, manpower deployment, trainers/physiotherapists, turnkey wellness-centre setup, and its own "Medifit Workout" content platform.
- Per its own website, medifitwellness.in / medifitworkout.com, it operates across 19+ cities and 300+ corporate locations, reaching 3.5M+ employees daily with 1M+ community members and ~80% client retention across 60+ large corporate clients., Source: company websites medifitwellness.in, medifitworkout.com — self-reported, not independently verified.
Sector & Classification
Sector: Health and Social Work / Professional, Scientific & Technical services. Business activity (NIC): "Other professional, scientific and technical consulting services n.e.c." (Tofler); TheCompanyCheck classifies it under "Hospital and medical care / Counselling, welfare, referral activities without accommodation for elderly and disabled" — sources conflict on exact NIC bucket though both agree on health/wellness services domain.
Directors & Key Management
Directors — source notes
3 directors (Tofler, cross-checked against TheCompanyCheck for names; DINs single-sourced from Tofler only — not independently confirmed by a second source): 1. Satya Sinha Shardul — DIN 01387293 — Director since incorporation (05 Sep 2005), also a shareholder 2. Shardul Sinha — DIN 02242503 — Director since incorporation (05 Sep 2005), also a shareholder 3. Santhosh Kumar Jalasuthram — DIN 10430533 — appointed 22 Jan 2024 (TheCompanyCheck) / ~3 yr tenure (Tofler)
GST Registrations
Primary GSTIN: 29AAECM3885G1Z3 (Karnataka), registered 01/07/2017, status Active, taxpayer type "Regular", constitution Private Limited Company, jurisdiction LVO 020 - Bengaluru, KA005, address "NH Chamber 36 Richmond Road, Richmond Circle, Karnataka 560025" (source: knowyourgst.com). PAN embedded in GSTIN (AAECM3885G) matches the company's PAN from Tofler — cross-validated. Home state: Karnataka. Number of total registrations: only 1 GSTIN confirmed from available sources; given the company's stated pan-India footprint (19+ cities), it likely holds additional state-wise GST registrations but these were not found/verified in the sources checked — "not obtained" for any beyond the Karnataka one.
Financials
Medifit Consultants Pvt Ltd reported a 34% YoY increase in revenue for FY2025, reaching ₹28.2 Cr. Employee numbers grew from 161 in March 2024 to 286 in August 2025, indicating expansion. EBITDA and net worth details are unavailable.
AI-generated, may contain errors.
- FY2025, ended 31 Mar 2025: Revenue ₹28.2 Cr, +34% YoY, confirmed by both TheCompanyCheck and Tracxn independently.
- EBITDA and Net Profit/PAT: locked behind premium paywalls on TheCompanyCheck — not obtained.
- Net worth and borrowings, excl. charges below: not obtained.
- Tofler separately shows FY2024 revenue in the "₹25-50 Cr" band with an EBITDA increase of 166.44% YoY, single-source, directional only — exact EBITDA figure not disclosed.
- Employee headcount: 161 as of 28 Mar 2024 (Tofler) vs.
- 286 as of 31 Aug 2025 (Tracxn) — different snapshot dates, both single-sourced, shows growth trend.
- Statement basis, standalone vs consolidated, not specified by any source — likely standalone given no disclosed subsidiaries.
Funding History
- No institutional/VC funding round names, amounts, or investor identities could be confirmed.
- Tracxn's public company-profile teaser references "1 investor" / "1 institutional investor" but masks all specifics behind a paywall — cannot be verified or named per sourcing rules, Tracxn permitted only for funding round names, and no round name was disclosed.
- Treated as "not obtained."
Loans & Charges
| Charge holder | Amount | Details |
|---|---|---|
| loan charges totaling | ~₹3.9 Cr | dated 2012-2017 |
| Corporation Bank | ₹1.08 Cr | |
| Both agree total charges are in the | ~₹3.86 | -3 |
- Open charges reported by two sources with slightly differing splits — flagged as a conflict:
- 9 Cr range and that Corporation Bank is a lender, but the internal lender-split differs between sources — could not reconcile with available access
Competitive Landscape
- Corporate wellness/employee health & fitness peers in India, rough scale tags based on general market positioning, not verified financials:
- 1. Truworth Wellness, Bengaluru; founded 2011, — similar scale, VC-funded corporate wellness/health-screening player
- 2. Onsurity, health benefits/insurance + wellness bundle for SMEs, — larger, well-funded startup
- 3. Vantage Fit / Vantage Circle, Delhi; corporate wellness gamification platform, — comparable/larger SaaS-style player
- 4. Loop Health, integrated group health insurance + primary care for employers, — larger, VC-backed
- 5. Stepathlon, corporate wellness challenges/events, — comparable scale, niche event-led model
- 6. Cult.fit / Curefit, fitness + wellness, has corporate wellness vertical, — much larger, diversified consumer + B2B player
- Note: none of these figures are independently financial-statement-verified; positioning is directional based on public market commentary.
Frequently Asked Questions
What does Medifit Consultants Pvt Ltd do?
Medifit Consultants Pvt Ltd is a Bengaluru-based corporate wellness and fitness services provider offering on-site health and fitness programs, equipment leasing, and turnkey wellness centers for large corporate clients across India.
What is the CIN of Medifit Consultants Pvt Ltd?
The CIN of Medifit Consultants Pvt Ltd is U85120KA2005PTC037137.
What is the GSTIN of the company?
The primary GSTIN of Medifit Consultants Pvt Ltd is 29AAECM3885G1Z3, registered in Karnataka.
When was Medifit Consultants Pvt Ltd incorporated?
Medifit Consultants Pvt Ltd was incorporated on 05 September 2005.
What is the registered office address of Medifit Consultants Pvt Ltd?
The registered office address of Medifit Consultants Pvt Ltd is No.24, K H Road, Shanthi Nagar, Bangalore, Karnataka, India - 560027.
Sources
Tofler (https://www.tofler.in/medifit-consultants-private-limited/company/U85120KA2005PTC037137), TheCompanyCheck (https://www.thecompanycheck.com/company/medifit-consultants-private-limited/U85120KA2005PTC037137), Tracxn (https://tracxn.com/d/legal-entities/india/medifit-consultants-private-limited/__sYdbnyjVDtz7rdC6qfYQPgCT5hV1dk5NK9sdF9qgKoM — funding/round names + financial snapshot only), KnowYourGST (https://www.knowyourgst.com/gst-number-search/medifit-consultants-private-limited-29AAECM3885G1Z3/), company websites medifitwellness.in and medifitworkout.com (self-reported overview/logo/contact), general web search for competitor landscape and credit-rating/legal checks (no results found for the latter two).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.