Angel investors back fitness app Fitso with $200k

Ben Heathecote

In App Deals

March 19, 2017

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Fitso, the India-based health and fitness mobile app, has raised a sum of $200,000 from angel investors. Sujeet Kumar, the former president of operations at Flipkart, Intelenet Global Services CEO Bhupender Singh and PolicyBazaar CEO Yashish Dhaiya were among the investors.

This is Fitso’s second round of angel funding, after the company raised the same amount from former Grofers CTO Varun hurana, Jugnoo CEO Samar Singla and Wildcraft CFO Vinay Bansal in January 2016.

Available for both iOS and Android, Fitso was launched with the idea to make fitness accessible and affordable for everyone. The app provides professional guidance for weight loss, weight gain and other fitness activities and sports. It also allows users to find partners for activities as well as hire personal fitness trainers, coaches and nutritionists.

Since it launched in 2015, Fitso claims to have attracted more than 300,000 users.

Co-founder Rahool Sureka said:

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“Fitso has become a brand name in health and fitness market after getting “Best App of the year 2016” by Apple, helping three lakh (300,000) users getting fit in just less than six months.

“We already have break-even and hitting the route of profitability providing personal fitness and nutrition training to users across India.”