MobieFit raises Rs8.7 crore from NB Ventures, others - News Summed Up

MobieFit raises Rs8.7 crore from NB Ventures, others


MobieFit’s biggest differentiator is its fitness content and training programmes, created by celebrities Milind Soman, Bani J. and Anoop Thakur Singh. Ltd, the company behind MobieFit fitness mobile apps, has raised $1.35 million, or Rs8.7 crore in a round led by NB Ventures, it said on Tuesday. NB Ventures is a Dubai-based venture capital fund with a corpus of over $50 million. MobieFit helps users undertake fitness routines for goals such as running marathons, weight loss and strength training. “We have over 500,000 registered users, and more than 30,000 do fitness sessions at least monthly through a MobieFit app.


Source: Mint November 29, 2017 02:37 UTC



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