FITSO, a social fitness app raises Rs 1.35 crore funding within 3 months of inception
FITSO, a startup which is a social platform that empowers people with a common interest for fitness to connect and collaborate with each other, has raised Rs 1.35 crore ($200,000) in it’s angel round of funding from Varun, Ex CTO of Grofers; Samar Singla, CEO, Jugnoo; Vinay Bansal, CFO, Wildcraft and others.
As keeping fit is a very lonely task, the startup that is, short for ‘Fitness Social’, helps people get company in their journey to keep fit. User can participate in various fitness activities and events happening around them and even hire professional coaches and trainers. Through the app, users can check details about activities, events, and participate in them by tapping ‘Join’.
The three month old startup was founded by three IIT-Delhi alumni–Saurabh Aggarwal, Naman Sharma, and Rahool Sureka. Prior to this venture Aggarwal worked with Flipkart in Business Development department. Sharma, who currently heads the Technology Product department at FITSO, worked with Zomato for four years before taking up his current role. Sureka who worked at Yepme and UrbanClap, is now the startup’s Marketing and Strategy Head. Apart from the three founders, the team consists of Ajitesh Abhishek who looks at the Analytics side of things and and Kaushal Mishra. Ajitesh who is the startup’s Design head.
Apart from connecting with other fitness enthusiasts, users can also read profile details such as qualifications, experience, achievements and charges of coaches, yoga trainers, physiotherapists, dietitians, fitness trainers, and masseurs and book sessions with them. The startup plans to monetize and generate revenue through commission on booking made for trainers and professionals. This combined with the native advertising in the featured section on their platform and sponsored content will drive their business model.