INDIA'S
FASTEST-GROWING
D2C
BRANDS
VIEW Categories & selection Criteria
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01
Desi Farms
02
The Sleep Company
03
Boldfit
04
The Pant Project
05
Rage Coffee
06
Juicy Chemistry
07
Anveya Living
08
Earth Rhythm
09
Happy Nature
10
Revour Consumer
11
Chkokko
12
Innovist
13
Beco
14
Geek – Harkin
15
Himalayan Organics
16
Country Bean
17
Infinia
18
DrinkPrime
19
Snitch
20
Flo Sleep Solutions
21
Wellbeing Nutrition
22
XYXX
23
The Decor Kart
24
Wings
25
Power Gummies
26
Gramiyaa
27
Farmers Fresh Zone
28
Bunaai
29
SuperBottoms
30
Deconstruct
31
Fix My Curls
32
Yu
33
Khari Foods
34
MasterChow
35
NE Origins
36
P-TAL
37
Perfora
38
Saaki
39
Sadhev
40
ShineXPro
41
SVISH-On-The-Go
42
Zeroharm
03
Boldfit
Growth Category
Fact sheet
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FOUNDER(S)
Pallav Bihani
KEY INVESTORS
Bootstrapped
FOUNDED IN
December 2018
SUB-SECTOR
Health and Fitness
HEADQUARTERS
Bengaluru, Karnataka
TOTAL FUNDING
Bootstrapped
KEY COMPETITORS
HealthKart, Decathlon
Boldfit Helps 2.5 Mn+ Users Embrace A Healthy Lifestyle, Ups Their Fitness Game
Boldfit offers affordable health supplements and training equipment to help Indians reach their fitness goals
205%
Growth Rate
₹63 Cr
FY22 Revenues
2.5 Mn+
Customers Served
400+
Number Of SKUs
The ORIGIN STORY
A slipped disc resulting in three months of bed rest was a wake-up call for BD executive Pallav Bihani, who eventually understood the value of physical fitness and good health. But the narrative did not end there. While regaining his strength, he also realised what bugged most fitness enthusiasts in India. It was all about overpriced and/or low-quality health supplements and the lack of top-notch fitness gear. Keen to usher in a positive change for millions of people who found it difficult to cope with fitness costs, Bihani set up Boldfit, a one-stop hub offering fitness supplements and accessories on a par with global standards minus the global price tags.
The GROWTH
In the last three years, the brand has developed more than 400 SKUs under health and ayurvedic supplements, healthy foods, home gym equipment and accessories (bottles, shakers and more). Interestingly, Boldfit added as many as 325 SKUs between 2021 and 2022 as fitness continued to top people’s priority list post-pandemic. The brand has sold more than 5 Mn products and served over 2.5 Mn customers. It clocked INR 63 Cr in revenue in FY22 and roped in Indian cricketer Dinesh Karthik as its first celebrity ambassador.
The DIFFERENTIATOR
Unlike similar platforms which routinely manufacture and sell fitness products, Boldfit thrives on its deeply customer-centric approach. For instance, most Indians are not aware of diet deficiencies or the nutritional value of the components used in offthe-shelf health supplements. To bridge this knowledge gap, Boldfit offers indepth content that helps users reach their health goals. While all its edibles are certified by the Food Safety and Standards Authority of India (FSSAI), the startup claims to work with WHO-GMP-certified manufacturers to implement rigorous quality checks at every stage.
What’s NEXT
Boldfit aims to carve a strong foothold in the Indian fitness market by offering holistic solutions for all health and fitness-related needs. In 2023, it will expand its product portfolio by introducing many new categories. Currently, the brand focusses on online distribution and sales, but Bihani wants to explore offline channels very soon. The startup will also onboard more fitness icons, especially renowned athletes, as brand ambassadors through partnerships and collaborations.
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
The
SELECTION
PROCESS
1000+
APPLICATION
APPLICATION
500+
Verification Calls
Verification Calls
140+
INTERVIEWS & PITCHES
INTERVIEWS & PITCHES
42
Brands Shortlisted
Brands Shortlisted
Inc42 conducted a 3 month application cycle and received over 1,000 nominations from India’s D2C brands. The D2C brands who submitted the complete application and who data we could independently verify were considered in this ranking.
The list comprises two categories – Growth and Emerging.
The list comprises two categories – Growth and Emerging.
01
02
GROWTH
CATEGORY
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Read LESS
For India’s fastest growing D2C brands who have successfully demonstrated significant traction and growth, ranked on the basis of the highest revenue growth rates between 2020 & 2022.
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Generated at least INR 1 Cr revenue in FY 2020
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Generated at least INR 7 Cr revenue in FY 2022
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Generated at most INR 100 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING
CATEGORY
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Read LESS
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
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Founded on or after Apr 1st, 2020
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Generated at least INR 50 L revenue in any financial year
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Generated at most INR 7.5 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING CATEGORY JURY
Growth category
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
-
Founded on or after Apr 1st, 2020
-
Have generated minimum revenue of INR 50 L in any financial year/since incorporation
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Should not have revenue exceeding INR 7.5 Cr in any financial year
-
Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel