Mobile fitness startup HealthifyMe raises $1M from Dubai-based investor

HealthifyMe will use the funds to hire top talent and enhance its product and technology

Bangalore-based mobile health and fitness app HealthifyMe has secured US$1 million in additional financing from Neelesh Bhatnagar, founder of NB Ventures. This comes six months after the startup received $6 million from IDG, Inventus Capital and Blume Ventures.

The company will utilise the funds to hire top talent and enhance the product and technology.

HealthifyMe

As per a statement, the app has hit one million downloads in Google Play Store.

HealthifyMe was co-founded in 2012 by Tushar Vashisht, Sachin Shenoy and Mathew Cherian. It is a  mobile health/fitness company that delivers measurable results on eating habits, fitness, and weight.

It works with corporates and healthcare partners in India. The app has one million users with over 150 coaches.

HealthifyM was accelerated by Microsoft Accelerator. With over 200 employees, HealthifyMe is present in Delhi, Mumbai and Chennai, besides Bangalore.

Tushar Vashish, Co-founder and 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.”

Fahmin Zain

A crazy startup enthusiast

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