RoundGlass Partners Invest In Fitness Discovery Portal, Gympik

Bangalore-based online fitness discovery platform, Gympik, has raised an undisclosed amount in it pre-series A round of funding from RoundGlass Partners.

In August 2013, Amaresh Ojha, an IIM Bangalore alumnus, founded Gympik. Karan Malik, bringing both marketing and strategic expertise, later joined him. The company raised a seed fund from Delhi-based health-tech incubator, Healthstart, and a group of Angel Investors led by Rohan Ajila.

All types of fitness centres including gyms, fitness studios, dance classes, yoga centres, martial arts classes, and centres providing services ranging from physiotherapy, to diet and nutrition counselling are registered on Gympik.com. Gympik.com provides curated information on programme offerings, available facilities, fee structures, and availability of certified trainers. Besides, the site also offers 360° panoramic views of the inside of any facility’s infrastructure and amenities, to its users.

Currently, Gympik has about 10,000 fitness centres and 6,000 trainers from 20 cities. The startup also offers cloud-based software and a personalised mobile app for fitness centres, which can be deployed by centre managers, trainers and consumers to track performance and fitness schedules.

The platform allows users to calculate calories burnt, based on their specific data and health stats, basal metabolic rate (BMR), body mass index (BMI) and heart rate; it also offers daily lifestyle and health tips.

“The funding will be used to help us meet this growing demand and expand into new geographies,” said Amaresh Ojha, founder and CEO at Gympik Health Solutions. “We will also use the funding to hire technical talent that can help us reach our expansion goals.”

In this space, at-home personal fitness tech startup Orobind got acquired by Bangalore-based Housejoy; while Mumbai-based GymTrekker, a fitness discovery platform, raised an undisclosed amount of funding. Fitternity, a fitness discovery platform, had also raised $1 Mn funding from Exfinity Venture Partners.

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