Tuesday, May 28

Tag: Healthifyme

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...
IoT And SaaS Startup TempoGo Raises Fresh Funding
FUNDING

IoT And SaaS Startup TempoGo Raises Fresh Funding

IoT (Internet of Things) and SaaS (Software as a Service) startup TempoGo has recently raised a funding of $250K from Javelin Startup-O Victory Fund. TempoGo also raised an additional funding from Dubai based NB Ventures, a $50 million fund whose Indian investments include logistics startup LetsTransport and fitness app HealthifyMe. This round makes the total funding raised to $1.35 million. TempoGo raised the funding after winning an international startup competition held by Singapore based investment platform Startup-O. Earlier this year, Carryage Technologies Pvt. Ltd, which runs TempoGO, had raised Rs 5.6 crore ($825,000 then) led by Hong Kong-based K2 Investments. The round also saw participation from other investment bankers. “TempoGO has been revenue-positive since incepti...
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...
Healthifyme a Mobile Based Fitness Startup Raises $6 million Funding
FUNDING

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 wi...