Fitness & Wellness Startup, Gympik Raises $135k In Seed Funding

The funds will be used for marketing, geographic expansion and for developing new features. It will also be used to enter newer verticals that also involve providing B2B software services to players in the fitness space

gymphik 1Bangalore-based Gympik Health Solutions, which owns and operates online marketplace-cum-ecosystem for fitness & wellness service providers Gympik.com, has raised $135,000 (about Rs 86 lakh) in seed funding from group of angel investors including, Capvent’s managing partners Tom Clausen and RohanAjila, as well as BSE listed manufacturing firm Haldyn Glass. The round also saw participation from healthcare accelerator Healthstart- an accelerator program dedicated to supporting start-ups in healthcare industry.
“The funds will be used for marketing, geographic expansion and for developing new features. It will also be used to enter newer verticals that also involve providing B2B software services to players in the fitness space,” said Ajay Pandey, co-founder and CEO, Gympik Health Solutions.
As part of the deal, RohanAjila, Managing Partner Capvent India and Healthstart’s Pradeep K Jaisingh will join the board of the company.The part of the deal also brings D-Labs, ISB Hyderabad to Gympik’s helm especially for design collaboration for future product/tools development.
Gymphik Health Solutions was founded in December 2012 by Amaresh Ojha, an IIM Bangalore alumnus and Ajay Pandey (CEO), a management graduate.
Today, Gympik.com claims that it has listed about 3,000+ trainers and 2000+ centers.  The major focus areas are in Aerobics, Gym, Zumba, Dance, Dietitian, Physiotherapy and Yoga.
Besides listing trainers and fitness centers, the platform allows users to calculate their calories burnt based on their height, weight, gender and amount of time they walked/ran. It also calculates things like basal metabolic rate (BMR), body mass index (BMI), and heart rate. The site also logs/tracks the user’s diet and exercise, and provides them with tips for a healthy lifestyle.

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