Investments, Startups

Paytm Invests in Fitness-Tracker Startup GOQii Technologies

Paytm founder and CEO Vijay Shekhar Sharma has made an investment of undisclosed amount in fitness tracker startup GOQii Technologies.

According to Founder Vishal Gondal , the latest funding makes the total investment till now to be $2.8 million (Rs 17.7 crore), as reported by ET. Started in 2013, the startup is a subsidiary of US based GOQii.

The startup aims to enable a permanent shift to a healthier lifestyle with the combination of advanced wearable technology and leading coaches and experts from all over the world.

The application also integrates with 35 major fitness bands including Jawbone, Fitbit, Garmin, Moov, Misfit and Sony. All that the users need to do is decide a goal and choose a trainer/coach who will guide them on the application.

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