Vishal Gondal | Pixr8 News

Ratan Tata Fosters Another Startup, Invests in Fitness Band GOQii

3Oct By Press Trust of IndiaNo Comments

FUNDING

Ratan Tata Fosters Another Startup, Invests in Fitness Band GOQii

Adding one more to his startup funding list, leading industrialist and serial investor Ratan Tata has invested in virtual fitness coaching platform, GOQii. The size of the funding was however not disclosed. The company, which is a leading player in the Indian wearables market, is backed by angel investors like Shriram Nene and his wife and Bollywood actress Madhuri Dixit Nene and Neeraj Arora (WhatsApp). It offers a fitness tracker band coupled with a personal coach. The US-based company had earlier raised USD 13.4 million in a series A funding in November 2015. "With the recent developments and tie-ups on the platform, the investment from Tata is a testimony to us being a defining player of services in our category making long-term impact in people's life," GOQii CEO and founder ...

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...

GOQii raises $13.4 million in Series A round of funding led by New Enterprise Associates and Cheetah Mobile

Fitness tracker startup GOQii has raised Series A funding worth $13.2 million (Rs 88 crore) led by New Enterprise Associates and Cheetah Mobile, with participation from Great Wall Club, DSG Consumer Partners, Ilkka Paananen (CEO and co-founder of Supercell) and Pravin Gandhi (co-founder of Seedfund) reports Mint. GOQii will use the funds to expand to China and other unnamed markets, and is working on Chinese content before launching it there. The report adds that Cheetah Mobile’s investment may help in GOQii’s China expansion as well as on Xiaomi’s Mi user interface, given Cheetah Mobile’s chairman Jun Lei is the founder of Xiaomi. (more…)