India’s leading mobile health and fitness startup, HealthifyMe, has announced Series A funding of US$6 million led by IDG Ventures India, Inventus Capital and Blume Ventures. The funding comes just a year after they announced their seed round led by angel investors and Micromax.
The funds will be used to further develop its digital coaching platform and to accelerate growth in India. “Our vision is to make healthy living easy, fun and affordable for all. With these funds we plan to impact 5 million users and tie up with over 500 corporate and healthcare partners. While we are already the leading app for health/fitness in India, our aim is to be the best in the world and we will continue to invest heavily in our technology and product,” said Tushar Vashisht, CEO HealthifyMe.
Within a year, HealthifyMe has scaled from 30,000 users in Jan 2015 to being the largest app in the space with 5,00,000 users across Android and iOS. It has also successfully delivered corporate wellness programmes with Philips, GE, Cognizant and added Manipal Hospitals as a strategic Healthcare partner. It expanded its services offerings from nutritionists to fitness and yoga trainers and the HealthifyMe app became the only Health app in India to receive the Top Developer Badge – Google Play’s highest recognition for quality and innovation.