Bengaluru-based health/fitness app, HealthifyMe today hit 1 million downloads on Google PlayStore. With a rating of 4.3/5, HealthifyMe is ahead of all the other apps in this space. Adding to this success, the app has also received an additional $1 million (INR 6.7 crores) in funding from Dubai based investor Neelesh Bhatnagar whose company NB Ventures has been actively investing in Indian startups.
Cofounded in 2012 by Tushar Vashisht, Sachin Shenoy, Mathew Cherian, and incubated by Microsoft Accelerator, HealthifyMe is a mobile health/fitness company that combines power of technology with real human services to deliver measurable impact. The startup claims that currently its app is India’s largest digital wellness platform catering to 1 million users with over 150 coaches. Its app is rated 4.3/5 and has been featured by Google, Apple multiple times for quality.
The company delivers measurable results on eating habits, fitness, and weight and is a platform of choice by leading Corporates and Healthcare partners in India. With over 200 employees, it has physical presence in Bangalore, Delhi, Mumbai and Chennai.
1 in 4 Indians risk dying from a non-communicable disease like diabetes, cardiovascular diseases, cancer, and hypertension, among others; before they reach the age of 70. Most of these can be prevented by incorporating healthy habits in one’s routine. HealthifyMe does exactly this for its users in a smart way.
Speaking on the success of the app, Tushar Vashish, Co-founder & CEO, HealthifyMe, said, “Hitting 1 million users is a great validation since most of the growth has happened organically. To me, our 4.3 rating matters a lot more as it speaks of how much our customers believe in us. I hope we sustain this momentum by crossing 10 million downloads in the next 18 months”.
HealthifyMe has been rated as a “Top of 2016” mobile app by Google and it has featured multiple times in the health / fitness category by both Apple and Android.
Speaking on the funding, Neelesh Bhatnagar said, “I am keen on investing in emerging digital first Indian startups thathave the ability to expand internationally with an asset-light approach. I look forward to helping them expand to the Middle East at the right time. HealthifyMe’s growth journey has been fascinating so far.”
This is the second round of funding HealthifyMe has received this year. USD 6 million was raised earlier this year from IDG, Inventus and Blume. The additional funding will be used to hire top leadership and invest in product and tech innovation.
Talking about HealthifyMe’s future, Tushar said, “The New Year is an important time for making health and fitness resolutions. We have some in-store activities for our customers to help them stick to their resolutions. I am glad that we got Neelesh’s support at this critical time in our company’s evolution as we make great strides.”
NB Ventures is a VC fund created by Neelesh Bhatnagar to invest family wealth in Indian and Middle East Startups. The vision is to invest in Indian Companies which can then be brought to Dubai and Middle East and North Africa (MENA) region. Mr. Bhatnagar is a Chartered Accountant, he has been with The Landmark Group for over 13 years, serving as its Chief Executive officer and head of EMax, the group’s electronic division. He also handles operations in the Kingdom of Saudi Arabia and drives the growth “Oasis Centre” in Dubai. Neelesh, with his 30 years of experience in Retail and Management mentors various young founders in India.