Thursday, April 25

Healthifyme a Mobile Based Fitness Startup Raises $6 million Funding

HealthifyMe, a mobile health and fitness startup today announced Series A funding of USD 6 million (about 40 crores) led by IDG Ventures India, Inventus Capital and Blume Ventures.

The funding comes just a year after announcement of seed round led by angel investors and Micromax, the company said in a release.

Stating that HealthifyMes funding comes on the back of strong growth, it said adding that with in a years time, the company has scaled up users to 5,00,000 from 30,000 users in January 2015.

The funds will be used to further develop its digital coaching platform and to accelerate growth in India, the company said.

“With these funds we plan to impact 5 million users and tie-up with over 500 corporate and healthcare partners. Our aim is to be the best in the world and we will continue to invest heavily in our technology and product,” HealthifyMe CEO Tushar Vashisht said.

HealthifyMe app enables users to keep a track on their calories, set personal fitness goals and measure progress.