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Bengaluru-based wearable tech startup Ultrahuman has had a blockbuster year. After growing its revenue more than 15X between FY22 and FY24, the company has pulled off yet another
Bengaluru-based wearable tech startup Ultrahuman has had a blockbuster year. After growing its revenue more than 15X between FY22 and FY24, the company has pulled off yet another leap — reporting a 5X year-on-year surge in FY25.
For the fiscal year ending March 2025, Ultrahuman’s revenue from operations soared to Rs 565 crore (up from Rs 105 crore in FY24), while net profit touched Rs 73 crore, according to financials reviewed by Entrackr. This makes it one of the few Indian consumer tech startups to not only scale aggressively but also achieve profitability.
Founded with the vision of becoming a “self-quantification platform,” Ultrahuman builds wearables and digital health solutions designed to help users optimize fitness, sleep, and metabolic health.
Its product suite includes:
Among these, the smart ring has emerged as Ultrahuman’s superstar product, contributing 91.3% of total operating revenue in FY25.
Revenue from smart rings jumped an astounding 9.5X to Rs 516 crore last fiscal, making it the company’s growth engine.
Beyond hardware sales, Ultrahuman is steadily building recurring income streams:
This diversification shows Ultrahuman’s intent to balance between hardware-led growth and subscription-driven stickiness.
Perhaps the biggest highlight of FY25 is that Ultrahuman turned profitable.
After years of heavy R&D and expansion costs, the startup delivered a net profit of Rs 73 crore, signaling that its business model has hit operational efficiency and scale.
This is a rare feat in India’s startup ecosystem, where many high-growth consumer tech players often bleed cash in the race for scale. Ultrahuman’s numbers suggest a sustainable trajectory.
Ultrahuman may be headquartered in Bengaluru, but its growth story is decidedly global. The company operates through a holding entity in India and four wholly-owned subsidiaries in the US, UK, and the Middle East.
Clearly, Ultrahuman is positioning itself as a global wearables brand with India playing more of a supply and R&D hub role than a revenue driver.
One of Ultrahuman’s biggest growth drivers has been its retail expansion.
This omni-channel strategy has allowed Ultrahuman to deepen its footprint not just online but also in physical retail spaces, where wearables often benefit from a “try-and-buy” consumer behavior.
While the US, UK, India, and UAE remain strongholds, Ultrahuman has also cracked newer markets like Thailand, Hungary, and Germany.
This diversified footprint reduces reliance on any single market and gives the company a hedge against regional demand swings.
Ultrahuman’s trajectory stands out for three key reasons:
This combination puts it in the league of companies like Oura (Finland) and Whoop (US) that dominate the health-tech wearable space globally.
Despite its stellar FY25, Ultrahuman faces challenges as it aims higher:
With profitability secured and global traction building, Ultrahuman may eye:
If it executes well, Ultrahuman could cement itself as India’s first true global consumer tech brand in health wearables.
In just a few years, Ultrahuman has gone from an ambitious startup to a profitable global health-tech brand with Rs 565 crore in revenue. Its smart ring dominance, growing retail presence, and profitability milestone mark it as a standout in India’s startup story.
The real question now: can Ultrahuman keep this momentum and challenge the giants of the global wearable market?
For now, its FY25 performance shows it’s firmly on the right track.
Hi guys, I’m Maria a full-time Blogger & Writer. It is a long-established fact that a reader will be distracted by the content.
Hi guys, I’m Maria a full-time Blogger & Writer. It is a long-established fact that a reader will be distracted by the content.
