ET reported on Friday that Oura has claimed Ultrahuman copied its technology and accessed proprietary information for developing its fitness ring, which the Alpha Wave and Nexus Venture Partners-backed company launched in 2022.
Kumar, who founded Ultrahuman in 2019 along with Vatsal Singhal, said Oura Health’s original founders have “left the company and are ‘board’ managed.”
Ultrahuman had recently launched its fitness-tracking smart rings and it also offers glucose-monitoring software.
Talking about patents, Kumar said the Finnish company has been sued by many other companies for patent related issues.
Kumar added that the company’s next big release is due in less than a week!
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“We welcome competition in this space and our right to win is our ability to control end-to-end design and manufacturing, coupled with simplified flat pricing and consumer policies,” he posted on X.