Hotline: 1800 102 2007
X
Search Business Opportunities
Online marketplace 2015-09-17

Bangaluru-based fitness marketplace Gympik buys start-up FitnessPapa

Covering over 600 centers across Bangaluru, Chennai and Coimbatore, FitnessPapa offers a monthly membership program called FitnessPapa passport that enables users to join best fitness centers for a workout of their choice.

Bangaluru-based fitness marketplace Gympik buys start-up FitnessPapa

Bengaluru-based fitness and wellness services marketplace, Gympik has acquired FitnessPapa, for an undisclosed amount. Founded and operated by StunApp Technology Pvt Ltd in 2015, FitnessPapa partners with fitness studios, gyms and give access to users in one place.

Significantly, FitnessPapa has over 500 centers across Bangaluru, Chennai and Coimbatore. It offers a monthly membership program called ‘FitnessPapa passport’ which enables users to join best fitness centers for a workout of their choice.

The monthly membership fee is Rs 999 (excluding taxes) and provides access to 10 classes.

Founded in 2012 by Amaresh Ojha and Ajay Pandey, Gympik is an online platform for personal health trainers, dieticians, group trainers and other professional trainers and centres to list and find prospective users.

For users it also gives an option to track their workouts, log their diets and monitor the progress along with a mechanism to show the user a daily weekly, monthly progress in terms of weight, height, BMI and calories burnt.

Following the deal, Gympik will retain the monthly pass system but will allow users to choose from 30 different workouts such as Zumba, Yoga, dancing, Gym, swimming, Karate, mixed martial arts, boxing among others and it claims to have around 6,000 centers and studios.

Previously, it had raised US$ 135K in its seed round of investment from a group of angel investors including, Capvent’s Managing Partners Tom Clausen and RohanAjila,

Comment
Related opportunities
  • Bars, Pubs & Lounge
    An enthusiastic bunch of astronomers, space cadets and chefs came..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 8000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Tea and Coffee Chain
    Stark Bistro is an effervescent & lively cafe with a..
    Locations looking for expansion Orissa
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bhubaneswar Orissa
  • Express Food Joints / Drive Through
    About Us: Situated along the NH 58 near Khatauli, Uttar Pradesh,..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 8000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About; An established Food Hospitality based in Indore. HOBNOB USP: Hobnob caters..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts