New Delhi: First of its kind fitness startup “FITNAPP” has raised Pre-Series of funding from SD Group, a leading name in Real Estate, Education and International trading.
Conceptualized and founded by Mr Akshay Jhinga in 2015, FITNAPP is a mobile marketplace that creates a platform for users to discover and purchase fitness services from the gym and fitness centers around them. It also provides platform for fitness products like supplements, equipment’s & gadgets like fitness band.
The Delhi NCR based start-up venture by the young Entrepreneur restyles and transforms people’s workout by providing them access to numerous fitness classes groups and activities all under one fitness membership across a range of Cities at an affordable price scale and doing deep personalization to suit their lifestyle through flexi-pricing models along with other services.
“FITNAPP services are currently available as an app on Google Play Store and on App Store. As of today, we have partnered with over 1,500 gyms and fitness studios in Delhi-NCR. The platform has a monthly subscription plans that suits to all range of pocket sizes, which offers the users a single window for all its partner gyms, fitness studios and activity centers. We currently have a team of 20. The platform projects of acquiring 100,000 users in 12 months.” Said Mr. Akshay Jhinga in a statement.
FITNAPP has created its own niche in the fitness market through its innovative approach and services which helped it to get into strategic alliances with the brands like Uber, Ola, Shopclues, Mobikwik and Zomato etc. which offers benefits to clients across different company verticals.
Commenting on the recent funding, Mr. Akshay Jhinga further added “The Company will use the funds for online expansions, increasing the number of associations, partners and marketing. Also, in the next one year FITNAPP plans to infuse funds into technology and roll out new highly personalized fitness management tools for users. The company also aims to scale up its operation and expand into new geographical footprints. We are on track getting a good response from the app users and will continue to focus on building a profitable and sustainable business in the long term for us and our partners”.
SD Group which is based out of Noida and headed by Mr. D.P. Das, will play to their respective strategic strengths and technical and marketing expertise that concerns the fitness segment, developing exciting products and services for the benefit of our subscribers. Fitnapp will utilize the funds raised to expand its assistance-oriented service segment that requires customization and enhancement for each individual user.
From SD Group Mr. Sanjay K Baliase got associated with Fitnapp as a Director, he is having an enriched & insightful experience of over 22 years in Sales & Marketing. Mr Sanjay added, “We with our team of alumni of IIM and IIT are making Fitnapp a holistic platform to provide 360 degree services in health, beauty and fitness which includes services like dietitians, physiotherapist, trainers at home, fitness expert to provide tailor-made fitness solutions to users and “Fitnapp-Approved fitness centers” to provide exclusive services to the users. In addition to providing the access to entire galaxy of fitness centers, the health care foods, supplements, gadgets and equipments are also available on platform”.