Excl: Online marketplace for fitness service providers Gympik.com raises $135K in seed funding
Bangalore-based Gympik Health Solutions Pvt Ltd, which owns and operates online marketplace for fitness service providers Gympik.com, has raised $135,000 (about Rs 86 lakh) in seed funding from Capvent's managing partners Tom Clausen and Rohan Ajila, as well as manufacturing firm Haldyn Glass. The round also saw participation from healthcare accelerator Healthstart, a top executive of the company told Techcircle.in.
As part of the deal, Ajila and Healthstart's Pradeep K Jaisingh will join the board of the company.
"The funds will be used for marketing, geographic expansion and for developing new features. It will also be used to enter newer verticals that also involve providing B2B software services to players in the fitness space," said Amaresh Ojha, co-founder and CTO, Gympik Health Solutions.
The company was founded in December 2012 by Ojha, an IIM Bangalore alumnus, who had previously worked at companies like Sun Microsystems, CISCO and Intuit; and Ajay Pandey (CEO), a management graduate who was earlier working at IBM.
Gympik.com is an online marketplace for fitness service providers. The firm claims that it has listed about 3,000 trainers in a number of categories like physical trainers, yoga instructors, dieticians, physiotherapists, aerobics instructors, and martial arts instructors, among others.
Besides listing trainers and fitness centres, the platform allows users to calculate their calories burnt based on their height, weight, gender and amount of time they walked/ran. It also calculates things like basal metabolic rate (BMR), body mass index (BMI), and heart rate. The site also logs/tracks the user's diet and exercise, and provides them with tips for a healthy lifestyle.
The company competes with Snapfitness.com, which helps find fitness centres based on the users postal code.
(Edited by Joby Puthuparampil Johnson)