Fitness Venture MobieFit Raises $1 Million From Medi Assist

Company Name : MobieFit
Funding Amount : $1Million
Investor(s) Medi Assist . .
Funding Round : Not Disclosed

Medi Assist has invested $1 million in MobieFit which is a mobile fitness venture based in Goa.

mediassistMobieFit is a multi-product mobile fitness venture. Their debut product, FirstRun, is a voice-assisted coaching-based running app and will launch more apps in other areas of fitness in 2016.

According to Satish Gidugu, COO, Medi Assist, “Our members use MediBuddy our patented mobile app, to manage their health benefits and corporate wellness offerings. Mobile fitness, customized to specific needs of each individual, and combined with gamification to add a social flavour, is the next logical evolution for our mobile app users. In Mobiefit, we find a strategic partner who understands the pulse of the Indian customer. The team is technically very sound, has a strong leadership team and is equally passionate about re-inventing how Indians achieve their wellness goals.”

Medi Assist manages corporate wellness programs for around 5000+ corporate customers. The company uses data analytics to develop wellness programs and understand the requirements.

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