Indian Startups Magma Group, FITPASS Prioritize Long-Term Value Over Hype

• Magma Group, in sustainable materials, consolidated an $8M Series A, with Capria Ventures and a Gujarat state-backed fund investing.
• Magma is profitable since inception, reported ₹215 crore revenue last year, and has a ₹500 crore order book, expanding green businesses across 12 states.
• FITPASS, a flexible fitness membership, boasts a 78% retention rate, capitalizing on India's shift to daily fitness habits.
• FITPASS co-founder Akshay Verma highlights their tech-backed ecosystem approach, combining workouts, nutrition, and habit tracking.
• Both startups demonstrate a strategic focus on solving real problems and building sustainable scale with a long-term vision.

Why It Matters: Magma Group and FITPASS exemplify Indian startups building sustainable growth with long-term vision.