OYOFit, a Bangalore-based fitness club aggregator, has raised an undisclosed amount of angel funding from RN Agarwal, managing director, WeP Peripherals Ltd.
The six-month-old startup will use the money to hire people for sports clubs, to launch APIs that will be used by diet food and medical service providers, and to develop live inventory management software for sports clubs, Shivank Agarwal, co-founder and CEO of OYOFit told.
Started in 2015 by a team of IITs Shivank Agarwal, Gaurav Bhatia, and Ruchir Garg, OYOFit offers enables users to discover, book and experience fitness services in over 150 partnered fitness clubs. It offers more than 30 fitness activities including sessions for zumba, pilates, yoga, dance, aerobics and more, with no yearly contracts.
Most recently Bangalore-based startup Cult raised funding from Myntra co-founder and former Flipkart executive Mukesh Bansal. Prior to that in March, Gympik.com, raised an undisclosed amount of pre-Series A round of funding from RoundGlass Partners. Orobind, an ‘at-home’ personal fitness tech startup, also got acquired by Amazon-backed home services startup Housejoy in February.
The startup competes directly with the likes of Fitternity, Fitmein, Gympik, Gymer and Hobbyix, in its category.
In March, it was reported that Mukesh Bansal has partnered with Ankit Nagori, ex-chief business officer at Flipkart, to launch a new healthcare, sports and fitness company in Bangalore.