Gabit ₹36 Crore Angel Round 2026 | Zomato Co‑Founder Gaurav Gupta Smart Ring AI Health Platform India
Gabit, the Gurugram‑based wearable health and wellness startup co‑founded by Gaurav Gupta and Arpana Shahi, has raised approximately ₹36.2 crore in a fresh funding round from a group of angel investors. The round brings the company's total funding past $12.7 million, excluding an undisclosed investment received in 2025 from Bollywood actor Ranbir Kapoor and rapper Badshah.
The latest raise was completed across two tranches. According to MCA filings accessed by Inc42, Gabit's board approved ₹16.6 crore through pre‑Series A5 convertible cumulative preference shares in March 2026 and a further ₹19.6 crore under the same instrument in April 2026. The investors in the round include Deepak Gupta, Arnab Basu, Manav Gupta, Vilas Dhar, and other angels. The round appears to still be ongoing.
Gaurav Gupta is a recognisable name in the Indian startup ecosystem. He co‑founded Zomato, the food delivery platform that went public in 2021 and is now one of India's most widely used consumer apps. Leaving a company of that scale to build a wearable health platform was a deliberate and relatively uncommon choice for a founder at that stage of their career. He launched Gabit in 2022 alongside Arpana Shahi, who had previously founded SkillTap, framing the company around a specific gap they identified: India lacked a health and wellness brand that combined continuous biometric monitoring with AI‑powered guidance on nutrition, sleep, and recovery in a single integrated platform.
The flagship hardware product is a titanium smart ring that the company claims tracks over 150 health markers. These span sleep quality and stages, recovery metrics, activity levels, heart rate variability, stress indicators, and blood oxygen. The ring feeds data into Gabit's AI coaching layer, which uses the continuous biometric stream to deliver personalised guidance on nutrition, exercise, and rest rather than generic recommendations based on population averages.
Beyond the ring, Gabit has extended the platform into adjacent categories. Personalised nutrition supplements, formulated based on each user's biometric data and stated health goals, form a recurring revenue product line that the hardware business supports. A skincare range, positioned within the broader wellness category rather than as a standalone beauty product, rounds out the current commercial portfolio.
The company deepened the nutrition vertical meaningfully in December 2025 when it acquired Näck, a Swedish nutrition brand, to strengthen its supplements formulation and expand its international product credentials.
The competitive environment Gabit operates in has become more active. Ultrahuman, which recently raised $48 million in March 2026, is the best‑capitalised Indian smart ring company and the one Gabit most directly competes with for the premium health‑conscious consumer. Muse Wearables and HAR also operate in overlapping segments. India's smart wearables market is projected to reach $10.26 billion by 2031, and the early‑stage competition for premium positioning within that market is heating up as global brands including Oura and Samsung's Galaxy Ring expand their availability in India.
The ₹36.2 crore will support product development across all three verticals, with particular focus on expanding the AI coaching capabilities of the platform and building out the nutrition supplement range following the Näck acquisition.
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