March 01 2016, 23.01 PM IST || Pocket News Alert
Amid the subdued economic environment and fund withdrawal from the emerging market, Gympik.com, an online fitness discovery platform, has raised its pre-series A funding from RoundGlass Partners.
“We have seen incredible adoption of Gympik.com. The funding will be used to help us meet this growing demand and expand into new geographies, said Amaresh Ojha, Founder and CEO, Gympik Health Solutions. “We will also use the funding to hire technical talent that can help us reach our expansion goals.”
Gympik is the largest fitness discovery platform in India with about 10,000 fitness centres and 6,000 trainers from 20 cities currently participating on the platform to meet the consumer’s fitness and wellness goals. The start-up also offers cloud-based software and a personalised application for fitness centres, which can be deployed by centre managers, trainers and consumers to track performance and fitness schedules. The platform allows users to calculate calories burnt based on their specific data and health stats, basal metabolic rate (BMR), body mass index (BMI) and heart rate, apart from daily lifestyle and health tips offered.
As the economy grows, the personal fitness and wellness industries are also seeing a tremendous growth. The focus on personal health and wellness is growing. From classic bodybuilding to aerobics, yoga to zumba, martial arts to pilates and group exercises to personal training; we are seeing more and more Indian people join the fitness movement. Our goal here is to make that process as easy and customizable as possible,” said Karan Malik, COO, Gympik Health Solutions. “
“We are incredibly pleased to add Gympik.com to our list of portfolio of companies. As the fitness industry grows, consumers struggle with where and how to get started,” said Sunny Singh, founder of RoundGlass Partners. “Gympik.com is the perfect place for fitness providers to reach new clients and for consumers to find an aggregated list of providers, services, and fitness regimes, including an incredible variety of classes and useful health tips. Gympik.com is powering these connections and we are very excited to be partnered with them to build a healthier India.”
