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Weight Loss App HealthifyMe raised $6 Million

Bangalore- based Startup, HealthifyMe offers an interactive platform for weight loss program.

Founded by Tushar Vashist and Sachin Shenoy in the year 2012, Bangalore-based Startup creates HealthifyMe app that provides an interactive platform for users to monitor and plan their Weight loss regime. Recently, it raised around $6 Million in Series A round of funding, which was led by IDG Ventures India, Inventus Capital and Blume Ventures. The funds will be used for associating with around 500 corporate and healthcare partners. In addition, the investment will also help in further development of its digital coaching platform that will lead to the promotion of concept ‘healthy lifestyle’ in India. HealthifyMe has already partnered with some healthcare providers, including Medanta, Apollo and Manipal to benefit from its app-based services in treating and preventing clinical obesity, diabetes, and other lifestyle-related diseases.

The startup aims to deliver a cost-effective service for its users to manage a healthy lifestyle in this fast-paced world by using a combination of cloud-powered software, wearable devices and human assistance like nutritionists, trainers and yoga instructors.

Busy life in cities has an adverse impact on health. It is quite daunting as well as expensive to find a perfect health guide who can plan a fitness regimen for you. To overcome this problem, HealthifyMe is a technology driven platform that is easy to use and accessible at any point of time. Based on the similar background, HealthifyMe app designs fitness programs for its users and encourages them to adopt a healthy lifestyle. It works with a wearable device that syncs with the app, providing a valuable insight of a  health effective program. Boasting world’s largest database of Indian foods, it is compatible with popular wearable bands like Fitbit, MiBand, YuFit etc.

Following the policy of Get Fit, Eat Better and Lose Weight, the app can act as your personal trainer. Intuitive UI helps the users to gather information and understand what to do next in the weight loss scenario. The app suggests diets from more than 20,000 food items and has around 1,000 activities. The methods provided by the app can assure an effective weight loss of around 5 kg. in the time period of  10 weeks, if followed religiously.

Takeaways:

  • HealthifyMe is a Bangalore-based health and wellness startup that helps people lose weight and stay fit through its interactive program.
  • Recently, it raised around $6 Million in Series A round of funding, which was led by IDG Ventures India, Inventus Capital and Blume Ventures.
  • It works with a wearable device that syncs with the app, providing a valuable insight of a health effective program.
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