Growfitter is a reward base fitness app featured in Shark Tank India Season 1 Episode 32. Its founder has asked for ₹50 lakhs in exchange for 1% equity of his company in Shark Tank India. This mobile app rewards the user for keeping his health fit.
There are many startups that employ different strategies to do their business, so this brand provides all the things related to fitness to the user. But it gives the user fitness tips and tracking as well as rewards option, the user can take rewards from it.
What Is Growfitter?
Growfitter is a fitness mobile application in which users can track their walk, run, cycle and win rewards. In this, the user gets a health quiz, from which the user will be able to get complete information related to his health and he will also get to know how his health is.
In this, the user gets exclusive rewards every week like Protein Shaker, Movie Ticket, Apple Airpod, iPhone, etc. Users can get a lot of rewards along with keeping their health fit.
It sells healthy and protein products to the user.
Growfitter Shark Tank India Update
|Founder||Sanmati Pande, Harshit Sethy|
|Product||Rewards-Based fitness app|
|Asked For||₹50 Lakhs for 1% Equity|
|Final Deal||₹50 Lakhs for 2% Equity|
|Episode (Shark Tank India)||S1 E32|
|Business Status||In Business|
|Net Worth/Valuation||₹25 Crores|
Growfitter Contact Details
|Mobile App||Go To PlayStore|
Who Is The Founder Of Growfitter?
This is the name of the founder of Growfitter, Sanmati Pande, Harshit Sethy, they have made this business. The founder says that his brand is India’s biggest incentivized wellness platform. The founder has taken this business forward very well.
Growfitter Before Shark Tank
Growfitter has built a business in a very short span of time with 10 million registered users and 1 million memberships/bookings in the month of August. They have taken US 600K funding from Silicon Valley. According to their growth report, they have made very good growth.
Growfitter Get Deal’s In Shark Tank India
Sanmati Pande, Harshit Sethy founder of Growfitter has asked for ₹50 lakhs in exchange for 1% equity of his company in Shark Tank India. So let’s see whether sharks show their interest in this business or not.
Next, we will give you information about this Growfitter startup.