Fitness startup Fitternity looking to raise $12-15 mn

Fitternity, which claims to be the largest platform for wellness equipment and services in the country, is planning to raise $ 12-15 mn from overseas investors by next January, to fund its expansion.

Fitternity claims to be the largest fitness platform and marketplace with over 6 lakh monthly active users across a network of 12,000 gyms, studios, fitness centres, hotels, and swimming pool facilities among others, which will go over 20,000 by March.

We were close to striking a funding a deal with a few foreign investors in March but the pandemic scuppered it. Now we are working towards raising something like USD12-15 million by January. Thankfully many foreign investors have significant interest in our business model, Jayam Vora, chief executive and chief operating officer, Fitternity said

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