Home / News / Fitness News / Akshay Kumar Joins Fitness Investments Bandwagon By Backing GOQii
Akshay Kumar Joins Fitness Investments Bandwagon By Backing GOQii

Akshay Kumar Joins Fitness Investments Bandwagon By Backing GOQii

GOQii, a wearable fitness technology start-up venture based in Mumbai, has received an unmentioned amount of finance from Bollywood’s popular actor Akshay Kumar as a part of the firm’s current Series C round of funding.

The news about the investment was confirmed by CEO and founder of GOQii, Vishal Gondal, who also said that the superstar has joined the firm as an investor and strategic advisor. The firm has raised around $43 million from its investors like DSG Consumer Partners, Edelweiss Financial Services, NEA, Cheetah Mobile, Mitsui & Co and more. However, he refused to share further details regarding the ongoing funding round.

GOQii, which was founded in the year 2014, develops smart wearables which help monitor their sleep, steps as well as other forms of physical activities. It offers preventive health ecosystem combines tools for a high growth health e-commerce store, health locker as well as scheduling health check-ups. Besides, there’s also a programme called ‘GOQii Cash’ where insurance discounts or cash discounts are given for healthy behaviour depending on the health management report.

Having a user-based of nearly 2.7 million currently, GOQii aims to expand to 10 million users by end of fiscal year 2020. As per sources, the company is in talks with several other investors in order to further raise its equity financing.

mm

A well-experienced fitness instructor, Amit is the founder of Your Health Support. With an aim to revolutionize the journalistic standards of health content, he brought together a reliable team that works collaboratively. He holds mastery in crafting intelligent content for fitness news.

About Amit Sharma

mm
A well-experienced fitness instructor, Amit is the founder of Your Health Support. With an aim to revolutionize the journalistic standards of health content, he brought together a reliable team that works collaboratively. He holds mastery in crafting intelligent content for fitness news.

Check Also

Exercise may increase lifespan 'regardless of past activity levels'

Exercise may increase lifespan ‘regardless of past activity levels’

It doesn’t matter when you start to exercise as a new study reveals that getting …

Leave a Reply

Your email address will not be published. Required fields are marked *

All the data shown above will be stored by Your Health Support on http://www.yourhealthsupport.in. At any point of time, you can contact us and select the data you wish to anonymise or delete so it cannot be linked to your email address any longer. When your data is anonymised or deleted, you will receive an email confirmation. We also use cookies and/or similar technologies to analyse customer behaviour, administer the website, track users' movements, and to collect information about users. This is done in order to personalise and enhance your experience with us. Click here to read our Cookie Policy.