Launched in 2014, personal fitness coach app Orobind has raised pre-series A round funding from its existing investors as well as a new group of investors.
The amount of the fund has been kept undisclosed.
In March 2015, the startup had raised $200k from Harpreet Singh Grover and Zishaan Hayath (Powai Lake Ventures).
Commenting on the deal, Satya Vyas, Co-Founder and CEO of Orobind said, “Since there is extreme scarcity of high quality hyperlocal fitness/workout options – we needed the cushion of some funds as we intend to create the supply ourselves.”
The company started with a dedicated focus on ‘at home’ services for fitness. However, now it is looking forward to extend its subscription services to group workouts. Users will be able to take sessions with Orobind partner gyms around them.
In March, the app was receiving around 20sessions per day on its platform, and now it is witnessing close to 200 sessions/day. Currently, the app is operational in Bengaluru and is soon to be launched in Hyderabad.
“We are planning to launch Orobind in 2 more cities this year, take the count of our fitness communities to 200 and increasing the count of Orobind coaches to 600,” said Satya, as per YourStory.
The avenue, Orobind is playing in, has many competitors. UrbanClap and Nearin are two to name, among others.Category Investments