Fittr, a Pune-based fitness startup, has announced a rise $ 11.5 million A round of series funding to promote the international expansion of the health and fitness platform.
Dream Capital, the Corporate Sports Risk and M&A branch, Dream Sports, and Elysian Park Ventures, the private investment branch of the LA Dodgers-sponsored team, led this round. The investor in Sequoia Capital’s India Surge also took part in the round. Dev Bajaj, CEO of Dream Capital, said about the company’s participation in the round:
“Within this industry, Fittr’s organic and highly committed community has been particularly impressive. We look forward to participating in Fittr’s journey to form a stack of fitness technology platforms for all users.”
Although WhatsApp started as a small group, Fittr has now grown to become one of the most committed and informative fitness communities in the world. When the launch launched the Fittr platform, it quickly became one of the largest platforms in the industry’s health and fitness community, promoting physical, mental and emotional well-being. Jitendra Chouksey, CEO and founder of Fittr, referred to this role:
“Fittr has always been committed to democratizing fitness and raising awareness about physical, mental and emotional well-being. and we will also be able to create significant career opportunities in the health and fitness industry in the coming years. ”
The Indian startup aims to feed the growth of new capital and channel the strategy of international expansion by expanding into new markets such as North America, the UK and Singapore. Part of the capital will also be devoted to educational efforts health and fitness for the people of India.