“Grow-fitter” with an exciting app!2 weeks ago Nethrikaa Greeshma
Growfitter is a fitness mobile application in which users can track their walk, run, cycle, and any physical activity and win rewards. In this, the user gets a health quiz from which he will be able to get the complete information related to his health and will also get to know how his health is. The specialty of this app is that the user gets exclusive rewards every week according to their points from which they can buy a Protein Shaker, Movie Ticket, Apple Airpod, iPhone, and many more products provided in it. Users can get a lot of rewards along with keeping their health fit!
Sanmati Pande and Harshit Sethy are the founders of Growfitter. They have built this business in a very short span of time with 10 million registered users and 1 million memberships/bookings in the month of August. They have taken $600K funding from Silicon Valley respectively. According to their growth report, they have made quite a good progress. The founder also states that Growfitter brand is India’s biggest incentivized wellness platform.
The startup rewards it’s subbed users with goodies and stuff for achieving their health milestones. The app has a curated list of over 12000 gyms and fitness centres across 14 cities, for the patrons to enroll. The gamified product also has corporate features for employee engagement. Growfitter has partnerships with very renowned brands like Puma, Jockey, Myntra, Paytm, Blinkit, WazirX for its reward programs. The company also signed an MoU with Aditya Birla Health Insurance & Raheja QBE.
The founder of this unique app has asked for ₹50 lakhs investment for exchange of 1% equity of his company. However, the deal was finalized by the single Shark Aman Gupta for an investment of ₹50 Lakhs for 2% Equity making into the company with a net valuation of ₹25 crores. Let’s wish the team Growfitter the best of luck for their future growth!