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2015-03-11

NCCB's Tarun Arora invests $150K in gym & fitness centres discovery portal Fitraq

The startup was founded by Rampal and Rouzbeh Pasha. Rampal holds an MBA from Staffordshire University, the UK.

Delhi-based Fitraq Services Pvt Ltd, which owns and operates gym and fitness centres discovery site Fitraq.com, has raised $150,000 (Rs 94 lakh) in funding from Tarun Arora, MD of Northern Collection and Credit Bureau (NCCB), India, a senior executive of the company told Techcircle.in.

The funds will be used for marketing and expansion to other cities.

“Currently, we are present in Delhi-NCR region. With this funding, we will launch our services in Mumbai in a month,” said Siddharth Rampal, Founder, Fitraq.

The startup was founded by Rampal and Rouzbeh Pasha. Rampal holds an MBA from Staffordshire University, the UK. An ex-Skype employee, Pasha has studied Industrial engineering & management at Chalmers University of Technology. The company claims to have over 1,200 fitness centres on its platform as of now. However, users need to register on the site to contact the centres.

This is Arora’s first investment in a company as an angel investor. Besides NCCB, he is director of Derby Group UAE.

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