FitMeIn Partners With Japanese HealthTech Firm-Finc; Raises Pre-Series A Funding

Fitness startup FitMeIn has received an undisclosed amount of Pre-Series A funding from Japanese digital healthcare company, FiNC and follow-on funding from current investors, GHV. With this, FitMeIn has also signed a strategic tie-up with FiNC.

Yuji Mizoguchi, CEO of FiNC said, “In expanding to markets outside Japan, strong local partners are essential. In addition to this, sharing common vision and rapid growth were key decision factors in our decision to invest in and partner with FitMeIn. With this partnership, we hope to contribute to the solution of large health issues in India such as diabetes and obesity.”

Launched in June 2015 by Nidhisha Varshney, Lalit Singh and Vishesh Goel, FitMeIn is an online platform that offers monthly multi-studio membership to premium fitness workout destinations in Delhi/NCR and Mumbai.

The network claims that it includes 1000+ workout studios and gyms offering over 10,000 fitness sessions daily including Gym, Yoga, Zumba, Bootcamp, Swimming, etc. among 150 other types of fitness/wellness activities. FitMeIn also provides tools to manage fitness facility staff and customer relations, as well as proposing a menu of workout options to end users. It also offers a SaaS based tool to Fitness and wellness service providers to help them grow, manage and sell business better.

Vishesh Goel, COO, FitMeIn said, “FiNC and FitMeIn will play to their respective strategic strengths and, technical and marketing expertise that concerns the fitness segment, developing exciting products and services for the benefit of our subscribers.”

The new partnership will allow FitMeIn to offer a highly focussed, scientifically proven and artificial intelligence driven platform with personalised nutrition, fitness and healthcare advice to users.

Earlier in October 2016, Indore-based fitness discovery platform, Froyofit raised an undisclosed amount in Pre-Series A round of funding. Other startups operating in this space include Fitternity, Gympik, BYG, etc.