Fitso, which is India leading full-stack sports facilities has now secured $1.5 million in the funding round of Pre-Series A. From a group of investors which includes Sprout Capital, IPV Capital, Pankaj Chaddah, Ashish Gupta, SRI Capital, and others.
With the help of this new funding, Fitso will now be going to increase the number of all the indoor-weather swimming pools. But it will invest in the expansion, technology, good talent to boost the operations.
Fitness has always been an integral part of Indian culture, and sports are the best way of being fit. Supporting Honourable Prime Minister – Shri Narendra Modi Fit India Movement. Fitso is encouraging people to make the best use of technology to stay fit and healthy.
About providing facility
Fitso is a full-stack sports facility which is providing health and happiness to people’s lives through sports. Fitso’s primary product is SEALS which offers coaching and also access to all the weather swimming pools in the Delhi-NCR with the year. And also now has been revealed in Hyderabad as well.
“As the name suggests, Fitso’- “Fitness with Sports” sets us apart from the other players in the industry who are focused on fitness through workouts with expensive equipment and are venue-oriented. So, we found a gap in an unorganized and conventional sports segment. To fill that gap, but we are making fitness accessible and affordable using technology for people who want to play sports to get fit, by eliminating the need for a gym membership or expensive equipment. But we focus on providing a facility to play sport under the guidance of a qualified coach. Fitso also has seen families buy a Fitso subscription together. We plan to become the biggest brand name in the sports-oriented fitness segment,” said Naman Sharma, Co-founder Fitso.
“There is a gap in demand for sports facilities among people of all age groups and supply of good quality facilities. There is a latent demand for a service like Fitso, which takes the hassle away from engaging in sports. Fitso is making sports accessible to all”.
Shweta Singh, Principal at SRI Capital
