Friday, June 21

Tag: Fitness

RSG Group Acquire Gold Gym for $100 Million
ACQUISITION

RSG Group Acquire Gold Gym for $100 Million

BERLIN, July 14, 2020-- RSG Group GmbH was selected as the winning bidder in a court-approved auction process held on July 13, 2020, and is set to acquire the most well-known and iconic gym chain in the world, Gold's Gym. With this acquisition, the RSG Group, which has mainly been active in Europe up to now, will become a global leader in fitness with over 900 locations and will be represented on six continents. Established in 1965 in Venice, California, Gold's Gym hit hard by the economic shutdown due to the COVID-19 pandemic, filed for bankruptcy under Chapter 11 on May 4, 2020, in an effort to facilitate the financial restructuring of the company. In mid-May, as part of the initial bankruptcy filing, Gold's Gym announced its plan to emerge from bankruptcy quickly through a pr...
Fitness startup Fittr raises USD 2 mn from Surge
FUNDING

Fitness startup Fittr raises USD 2 mn from Surge

Fitness startup Fittr has raised USD 2 million from Sequoia Capital India's Surge programme. The company will deploy the pre-series A funds for hiring, technology, and overseas expansion, Fittr Co-founder Jitendra Chouksey said. Surge is the rapid scale-up programme for early-stage startups in India and Southeast Asia. Founded in January 2016, Fittr (formerly SQUATS Fitness) provides free access to diet and training tools, live fitness sessions with experts, Q&A with coaches, and connects users to a community of fitness experts and enthusiasts. With over 8.5 lakh members, the company said it been profitable since inception, achieving a cumulative revenue of USD 13 million. Fittr is focussing on markets like North America, Indonesia, India, and Singapore, Chouksey said. ...
Cure.fit To Launch Quick Service Restaurants in the Coming Weeks
News

Cure.fit To Launch Quick Service Restaurants in the Coming Weeks

Health and fitness startup Cure.fit is on the advanced stages to launch two quick service restaurants (QSR) in Bengaluru. The restaurants are expected to be launched in the next 4-6 weeks and will offer healthy food to people who are on-the-go in the city. This move will make the company one of the early firms in the food tech sector to foray into the offline space. For the purpose of setting up each of the food outlets, Cure.fit is investing approximately Rs 40-45 lakh. "Our proposition is that people should find healthier ways to eat wherever they are. This is why having an outdoor presence is important. We are piloting with a couple of outlets and will see how it goes," said Ankit Nagori, Co-founder of Cure.fit. The company offers four fitness and health products, which include gym...
Cure.fit Raises $120 mn Funding led by IDG, Accel
FUNDING

Cure.fit Raises $120 mn Funding led by IDG, Accel

Health and fitness startup Cure.fit today said it has raised USD 120 million funding (Rs 824 crore) in new round of funding led by IDG Ventures, Accel Partners and Kalaari Capital. The series C round funding also saw participation from Chiratae Ventures and Oaktree Capital, Cure.fit said in a statement. "The fresh investment will enable Cure.fit to strengthen technology platform, invest in building a national brand and scale the geographical footprint for the company's four flagship products Cult.Fit, Eat.Fit, Mind.Fit and Care.fit," it added. Founded in 2016 by Myntra co-founder Mukesh Bansal and former Flipkart executive Ankit Nagori, CureFit operates a chain of fitness centres under Cult.Fit. It also focusses on mental fitness (through Mind.fit), healthy food (Eat.fit) and primar...
Fitness Platform Healthifyme raises $12 Million in Series B Funding
FUNDING

Fitness Platform Healthifyme raises $12 Million in Series B Funding

Healthifyme, an Indian digital weight loss platform has announced its $12 Million Series B funding round by Sistema Asia Fund, with the venture also becoming the member of company's board. Healthifyme that claims to have 4 million users also had Silicon Valley-based Samsung Next, Singapore’s Atlas Asset Management, and Japan’s Dream Incubator as investors in the funding round. Previously in  May 2016, it raised $6 million in Series A funding from IDG Ventures India, Inventus Capital and Blume Ventures. In 2015, the company raised an undisclosed amount in Series A funding from independent links. The recent Series Funding B transaction is believed to be the outcome of advise by RainMaker Group in October 2017. The Bengaluru based startup was found in 2012 by Tushar Vashisht, Math...
This New Year, Lose All Negative Thoughts About Your Body
BLOGS

This New Year, Lose All Negative Thoughts About Your Body

Is shedding weight on your list of New Year resolutions? Scientists suggest that losing the critical thoughts and negative perceptions about your body may be a better idea. Every year, many of us pledge to work harder at being healthy, losing weight or eating more veggies. Researchers from the Florida State University (FSU) in the US tested a new programme encouraging body acceptance and saw dramatic results. "Consider what is really going to make you happier and healthier in 2018: losing 10 pounds or losing harmful attitudes about your body?" said Pamela Keel, Professor at FSU. Body dissatisfaction is a pervasive problem, especially among young women. Over the past 35 years, the ideal body type has become virtually unattainable for most people, and that creates a mismatch w...
Nutritionist Who Gave Aamir Khan Dangal Look Going to Launch His Book
INSPIRATIONAL

Nutritionist Who Gave Aamir Khan Dangal Look Going to Launch His Book

Nutritionist Nikhil Dhurandhar, who was responsible for Aamir Khans wrestler looks in "Dangal", has come out with a book for fitness lovers and those aspiring for a healthier body. In "Fat-loss Diet", Dr Dhurandhar seeks to bust diet myths with facts over fads and provides a plan designed specifically for Indians. The book covers a range of topics - from reasons for weight gain, to things one need to fight it, to effective meal plans and motivational tips, to ways to stop the lost weight from returning. It is set for release next month. "On the one-year anniversary of the successful release of Dangal, the film, where the phenomenal fat-to-fit transformation of actor Aamir Khan took everyone by surprise, here is a book written by the very same doctor, Dr Nikhil Dhurandhar," publ...
Fitness App HealthifyMe Raises $1 Million Funding
FUNDING

Fitness App HealthifyMe Raises $1 Million Funding

Fitness app HealthifyMe has raised $1 million (Rs 6.7 crores) from Dubai-based investor Neelesh Bhatnagar whose company NB Ventures has been actively investing in Indian startups, the company said in a statement. Founded in 2012 by Tushar Vashisht, Mathew Cherian and Sachin Shenoy, HealthifyMe claims to be the first app to introduce calorie tracking of Indian dishes. The company delivers measurable results on eating habits, fitness, and weight. With over 200 employees, it has physical presence in Bangalore, Delhi, Mumbai and Chennai within India. The app has crossed the one million download mark on the Google PlayStore, and is also available on the App Store. “I am keen on investing in emerging digital first Indian startups that have the ability to expand internationally with an a...
Boltt, a Delhi NCR Based Startup Developed AI-enabled Smart Shoes
Story

Boltt, a Delhi NCR Based Startup Developed AI-enabled Smart Shoes

Boltt, a Delhi NCR-based startup has developed a range of fitness wearables, such as smart shoes and bands, integrated with an artificial intelligence (AI) coach which can provide you a personalised dynamic feedback, based on your real-time performance and training. While a variety of fitness trackers and apps are available, most generate data that users are not able to appropriately interpret. "Consumers usually are not experts in nutrition, fitness activity, sports and wellness and hence deciphering the data most wearables track becomes a challenge," a company official told Pixr8.  "There are dietitians and fitness coach subscriptions available with a lot of fitness devices, but that is human as well as time-bound and means additional investment from the consumer," it said. T...
18 Year Old Raises 1 Cr Funding For His Health Tech Startup Cureinstant
FUNDING

18 Year Old Raises 1 Cr Funding For His Health Tech Startup Cureinstant

Age is just a number and sometimes people like Hamraj Kumar proves this true. This 18 year old boy has not only thought to change something big in healthcare sector but is also working hard towards making it a reality. Every one of us is afraid to do something early in our life because of the fear to fail due to inexperience. Hamraj has proved all of this wrong and is firmly moving towards his goal. He started a company named Cureinstant to make our life better. The inception of the idea was based on a mere fact that when in this social world everything around us is social then why not our health. We humans have been bestowed upon by the almighty a great sense of responsibility. People like Hamraj makes it more firm. There are problems in everyone’s life but the biggest problem of ...
A Social Platform To Find Gentleman’s in Games
Story

A Social Platform To Find Gentleman’s in Games

How many times it has happened to you that you make a plan of playing some sport, be it cricket or football or planning to go for a bicycle ride with some of your buddies, make a team and just as you all become psyched about it, some of the players back out! It breaks heart! This is a persistent problem that probably every one of us has faced quite a lot. Bringing a solution to such problem, Pixr8 brings you the story of one such startup that goes by the name “JumpSum-The Sports Match Maker”.   THE SOLUTION Jumpsum is a social platform dedicated to sports & fitness designed to connect enthusiasts from all across India, giving them a chance to connect with users of common interest. If you are looking for a cycling partner, Jumpsum will help you find one. If you are look...
Amit Singhal “Father of Google Ranking Algorithm” Joining GOQii Board of Directors
News

Amit Singhal “Father of Google Ranking Algorithm” Joining GOQii Board of Directors

New Delhi (April 8, 2016) - GOQii, a digital health and wellness solution integrating personal coaching with wearable analytics, today announced it has named former Google executive Amit Singhal to its Board of Directors, his first role since leaving his position as Head of Google search. Amit brings more than 20 years of invaluable consumer and business expertise to GOQii and will help guide its expansion into new global markets, the first of which will be the U.S. Amit is widely respected in the tech industry for the ground-breaking advancements he made during his time at Google and other companies. “It’s an exciting time to be at GOQii and we are thrilled to have Amit join our board of directors,” said GOQii CEO Vishal Gondal. “Amit’s expertise is unparalleled and will be in...