Fitso Raises $1.5 Mn in Funding from SRI Capital, Pankaj Chaddah, Ashish Gupta and more

India’s leading full-stack sports facilities provider, Fitso raised $ 1.5 million in pre-series A funding from a group of investors including SRI Capital, Sprout Capital, IPV Capital, Pankaj Chaddah (Co-founder, Zomato), Ashish Gupta (Co-founder, Helion Venture Partners)

With this fundraise, Fitso will increase the numbers of indoor all-weather swimming pools. It will invest in expansion, good talent and technology to boost the operations.

Fitness has always been an integral part of Indian culture and sports is the best way of being fit. Supporting Honorable Prime Minister- Shri Narendra Modi’s Fit India movement, Fitso is encouraging People to make the best use of technology to stay fit and healthy.

Fitso is full-stack sports facilities provider which is bringing health and happiness to people's lives through sports. Fitso’s primary product SEALs offers coaching and access to all-weather swimming pools in Delhi-NCR through the year and has now been launched in Hyderabad as well. Fitso also provides multiple new sports programs for Badminton, Tennis and others which have been very well received. It is planning to launch an All-in-One pass to provide its subscribers access to all of its facilities across sports.

“As the name suggests, Fitso’- “Fitness with Sports” sets us apart from the other players in the industry who are focused on fitness through workouts with expensive equipment and are venue oriented. We found a gap in an unorganized and conventional sports segment. To fill that gap, we are making fitness accessible and affordable using technology for people who want to play sports to get fit, by eliminating the need for a gym membership or expensive equipment. We focus on providing a facility to play sport under the guidance of a qualified coach. Fitso has seen families buy a Fitso subscription together. We plan to become the biggest brand name in the sports-oriented fitness segment” said Naman Sharma, Co-founder Fitso.

The overall fitness industry is estimated to be $ 12 bn in 2018 as per a Redseer report. This is projected to increase at 18% CAGR to $ 32 bn by 2022, of which recreational sports will contribute $ 20 bn. This growth will be driven by an increase in the number of Health Conscious Individuals, estimated at 90 mn in 2018 and projected to increase to 130 mn by 2022. Fitso stands apart with its unique full-stack model to provide a quality experience in sports. Compared to workouts, sports are more recreational, allows learning a new skill set and long term in nature.

In 2015 Saurabh Aggarwal, an ex-Flipkart employee and IIT Delhi graduate, teamed up with his friends and IIT batchmates Naman Sharma ex- Zomato employee and Rahool Sureka ex- Yepme and UrbanClap to launch Fitso.

Shweta Singh, Principal at SRI Capital said, “There is a gap in demand for sports facilities among people of all age groups and supply of good quality facilities. There is a latent demand for a service like Fitso which takes the hassle away from engaging in sports. Fitso is making sports accessible to all.

Pankaj Chaddha, Founder of Zomato said, "India as a nation increasingly becoming more health and fitness conscious. We need startups like Fitso to make sports more accessible to people."

Sports are hugely under-served in India - many people want to play, but cannot due to substandard management of facilities and non-market ready coaches which lead to an unsatisfactory experience. Fitso solves these problems by taking over and standardizing the facilities, implementing best practices in facility management using tech and providing highly trained coaches for great user experience. Fitso started with swimming and now has 20,000+ happy subscribers in Delhi NCR.

Fitso started in August 2015 and they have been on a roller coaster ride ever since. From its beginning as a running/cycling partner finding an app to a complete fitness solution along with personal coaches, to their current avatar where they are a full-stack sports experience provider, they are exploring the endless opportunities on this road while at the same time they are sticking to their core value of making people fit. Fitso was founded by 3 IIT Delhi alumni - Naman Sharma(ex- Zomato), Rahool Sureka (ex- UrbanClap, YepMe), Saurabh Agarwal (ex- Flipkart and Ironman Finisher).

Health and Fitness App Fitso Raises $200K from Angel Investors

Fitso, a health and fitness app has raised $200K of angel funding from a group of angel investors namely Sujeet Kumar (ex-president, Flipkart), Bhupinder ( CEO, INtelenet), Yashish Dhaiya (CEO, Policy Bazaar) and a few more. Fitso was launched with an idea to make fitness accessible and affordable for everyone, users can do their work out anytime-anywhere, eliminating the need for a gym membership or expensive equipment.

With this round of funding, Fitso intends to invest extensively in Product Development, expanding its team, making the app more engaging and easy to use. Additionally, the team has also launched multiple offline training classes for Running, swimming and triathlon in Delhi NCR and building a team of best coaches to provide personal training.

“Fitso has become a brand name in health and fitness market after getting "Best App of the year 2016" by Apple, helping 3 lac users getting fit in just less than 6 months. We already have break-even and hitting the route of profitability providing personal fitness and nutrition training to users across India.” – Rahool Sureka. , Co-founder, Fitso.

Sujeet Kumar (ex-president, Flipkart), Bhupinder (CEO, INtelenet), Yashish Dhaiya (CEO, Policy Bazaar) and few other investors came together with the help of Let's Venture to fund fitso, have also invested in multiple successful startups like Grofers, Nest Away etc.

Sujeet Kumar, Ex-President Flipkart quotes “India is seeing the fitness revolution and Fitso is playing the major role by becoming the fastest growing company in this segment. I love the part that they have a strong hold on technology and passionate about the change they are bringing in society.”

Fitso application is available for both Apple iOS and Android mobile. It provides professional guidance for weight loss, weight gain and other fitness activities. And introducing personal trainers and dietitian accompanying you throughout your fitness plans is the new revolution brought in by Fitso. Through this app, you can hire a personal coach at minor cost starting from Rs. 500 per month. Getting a personal nutritionist and a fitness trainer is a dream for so many people because of the high cost and commitment involved. Fitso is changing the way Fitness and nutrition training is delivered to your doorstep.

PT Usha Joins Health & Fitness Platform – Fitso as an Advisory Head Coach

The queen of Indian track and field – PT Usha joins the health and fitness Platform – Fitso as an advisory Head Coach overviewing all training activities on the platform.

The major traction for Ms. PT Usha to join the platform is to help developing the right training plans for all the users on the platform. Fitso is one such platform, which helps you to get a personalized training for all your health and fitness needs like weight loss, weight gain, gaining muscles and running.

Fitso’s personal coaches (Nutritionists, Fitness Trainers, Running Coaches) prepare customized plans keeping the user's lifestyle and goal in mind, further guide them via online chat & telephonic/skype calls. They design plans to enable users to do their workouts anywhere-anytime. No need for a gym membership or expensive equipment, just use their own bodyweight for training and eat right.

Speaking about the association, Ms. PT Usha said, “I am overwhelmed seeing the work developments at Fitso. It’s a method of training prevalent in Western countries from long time and now is fast adoption in India. I always feel health and fitness awareness was missing in Indian culture. Activating common people to get healthy and especially women from all walks of life to improve their health, maintain their weight and start doing some exercises is something which was unattended till now.

“We are really proud to have PT Usha being associated with Fitso. Fitso’s focus is to make India a healthy nation and with the support of Ms. PT Usha, we feel more confident to bring permanent solutions to weight loss, diabetes and other health problems by making people take care of their diet and follow regular exercises schedules”, said Saurabh Aggarwal, Co-Founder, Fitso.

With the association, Fitso and Ms. PT Usha is trying to revolutionize the health and fitness space especially for women. Together they are trying to provide training sessions for free to the users on the platform to move them a step further towards a healthier self.

In the near future, Fitso will be associating with many more role models who will be instrumental in promoting health and wellness for the citizens and with the most sustainable solution in place, Fitso will strive to bring the positive change in the life of millions of users. Fitso will very soon be coming up with FAQs and specific training plans for women so as to address their problems in robust way.

IIT Delhi Alumni Launches App For Runners & Cyclist To Stay In Shape

After the era of McDonald's and Pizza hut, and the trend of eating out often, people had the sudden realization that they aren't as fit as they would want to be. All the burgers and pizzas began to take a toll on their well-being in the form on increasing blood sugar, cholesterol, obesity and what not. The people now want to be in good shape, they want to engage in physical activities and add a dash of adventure in their lives. Just as this trend started spreading like lice in primary school, we had startups coming up to help us with our newfound interests, and so is the story of FitSo.

THE IDEA

Most people when they start exercising for the first time, they take to running or less common cycling. These are the two most basic forms of exercise that anyone can find time for without much hassle. FitSo is a mobile app for runners & cyclist that enables people who are looking to get fit or are fitness enthusiasts connect with each other. It is a social networking platform for fitness enthusiasts. It is a way for them to stay connected and up to date in different activities happening around them, and apart from that the users can also hire professional coaches and much more.



The thought behind this whole idea was the need for a strict routine and a motivational factor. Both of these are very important if someone genuinely wants to get in shape. However, with faster life and work, people do not get time to find the right trainer and like-minded group to sustain their healthy routine. In a bid to aid these set of people, FitSo came into existence. Fitso allows its users to seamlessly connect, train and discover activities of their interest while on the go.

MEET THE MAKERS

Gurgaon-based FITSOs was founded by three IIT Delhi Alumnus Saurabh Aggarwal, Naman Sharma, and Rahul Sureka by the name of 'Jogo'

Naman Sharma: He worked at Zomato for four years before taking up the role of Technology and Product Head at FITSO.

Rahul Sureka: He worked at Yepme and UrbanClap and is now the startup’s Marketing and Strategy Head.

Saurabh Aggarwal: He worked at Flipkart in Business Development before quitting to pursue his passion for adventure sports.

 TARGET MARKET

Their current focus is on fitness enthusiasts and people who are looking to become fit and lead a healthy lifestyle. FITSO aims to make this a community where people can share interests and get involved. The second target is people who want to lose those extra pounds and become fit and healthy. For such people they are also building a platform where people can hire experts and trainers to help them meet their goals.

THE JOURNEY TILL NOW

FitSo has been live in Delhi and NCR for about four months now. They have recently launched the IOS version as well. In this short span of time they have had 10k installs and they are getting around 100 new installs on a daily basis. FitSo was initially called Jogo which means "game" and the app was being categorized in the games category which was creating confusion, and hence it was changed to FitSo.

THE ROAD AHEAD

They are currently active only in Delhi and NCR, next on their agenda is to expand to the rest of the country. They want to monetize the aspect where people hire trainers using the app. Currently this service is free, they plan to charge for it and use it as a source of revenue.

IIT Delhi Alumni Launches App For Runners & Cyclist To Stay In Shape

After the era of McDonald's and Pizza hut, and the trend of eating out often, people had the sudden realization that they aren't as fit as they would want to be. All the burgers and pizzas began to take a toll on their well-being in the form on increasing blood sugar, cholesterol, obesity and what not. The people now want to be in good shape, they want to engage in physical activities and add a dash of adventure in their lives. Just as this trend started spreading like lice in primary school, we had startups coming up to help us with our newfound interests, and so is the story of FitSo.

THE IDEA

Most people when they start exercising for the first time, they take to running or less common cycling. These are the two most basic forms of exercise that anyone can find time for without much hassle. FitSo is a mobile app for runners & cyclist that enables people who are looking to get fit or are fitness enthusiasts connect with each other. It is a social networking platform for fitness enthusiasts. It is a way for them to stay connected and up to date in different activities happening around them, and apart from that the users can also hire professional coaches and much more.



The thought behind this whole idea was the need for a strict routine and a motivational factor. Both of these are very important if someone genuinely wants to get in shape. However, with faster life and work, people do not get time to find the right trainer and like-minded group to sustain their healthy routine. In a bid to aid these set of people, FitSo came into existence. Fitso allows its users to seamlessly connect, train and discover activities of their interest while on the go.

MEET THE MAKERS

Gurgaon-based FITSOs was founded by three IIT Delhi Alumnus Saurabh Aggarwal, Naman Sharma, and Rahul Sureka by the name of 'Jogo'

Naman Sharma: He worked at Zomato for four years before taking up the role of Technology and Product Head at FITSO.

Rahul Sureka: He worked at Yepme and UrbanClap and is now the startup’s Marketing and Strategy Head.

Saurabh Aggarwal: He worked at Flipkart in Business Development before quitting to pursue his passion for adventure sports.

 TARGET MARKET

Their current focus is on fitness enthusiasts and people who are looking to become fit and lead a healthy lifestyle. FITSO aims to make this a community where people can share interests and get involved. The second target is people who want to lose those extra pounds and become fit and healthy. For such people they are also building a platform where people can hire experts and trainers to help them meet their goals.

THE JOURNEY TILL NOW

FitSo has been live in Delhi and NCR for about four months now. They have recently launched the IOS version as well. In this short span of time they have had 10k installs and they are getting around 100 new installs on a daily basis. FitSo was initially called Jogo which means "game" and the app was being categorized in the games category which was creating confusion, and hence it was changed to FitSo.

THE ROAD AHEAD

They are currently active only in Delhi and NCR, next on their agenda is to expand to the rest of the country. They want to monetize the aspect where people hire trainers using the app. Currently this service is free, they plan to charge for it and use it as a source of revenue.