Health-tech startup Gabit has raised ₹36.2 crore ($3.7M) in angel funding, bringing its total capital raised to over $12.7 million.
The Delhi-NCR company launched a titanium smart ring priced at ₹13,000, deliberately stripping away the mandatory software subscription fees typical in the industry.
Founded by ex-Zomato executive Gaurav Gupta, the startup uses the hardware to acquire users for its broader ecosystem of AI coaching, skincare, and supplements.
The strategy heavily disrupts the wearable market by shifting the core monetization model away from software subscriptions toward high-margin direct-to-consumer physical goods.
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