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Health Tech Startup, Fitso Raises Money In It’s Angel Round

Bangalore, November 10, 2016 – Fitso, a mobile app based fitness coach that helps users manage their fitness regime, raises an undisclosed amount in a successful angel round on LetsVenture.

Fitso has achieved considerable traction since its app launch in September 2015 with 40k registered users. The application keeps a track of daily calorie consumption, workouts and walks/runs (via GPS tracking) to recommend fitness exercises, consumption packages and personal trainers. It also has a B2B product for corporate clients (like Knowlarity and Axtria) providing gamification based solutions for employee fitness management. It offers a holistic solution for fitness enthusiasts by integrating calories and activity tracking(via GPS), workout videos and personal trainers recommendation into one product while other major competitors are offering only part of these features.

“The passion of the Fitso founders is evident in the quality of the product built by them. The Fitso app has become a favourite of fitness enthusiasts – interestingly, the first couple of investors who participated in their fundraising are ardent fitness freaks who got hooked onto the Fitso app!” said Shanti Mohan, Founder of LetsVenture.

About Fitso

Fitso is a mobile app based fitness coach that helps users manage their fitness regime. It offers a complete solution for fitness enthusiasts by integrating calorie consumption and activity tracking(via GPS), workout videos and personal trainers recommendation.

About LetsVenture

Founded in 2013, LetsVenture enables start-ups and investors to discover and connect with each other. There are 12000+ start-ups and 2200+ investors on the platform. LetsVenture takes care of closure of term sheet & shareholders agreement, and complete legal & financial due diligence along with completing the fundraising. LetsVenture has enabled more than 100 startups to raise over $38mn.

 

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