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GOQii raises funding from Vijay Shekhar Sharma

Fitness tracker startup GOQii has raised an undisclosed amount of funding from Paytm founder and CEO Vijay Shekhar Sharma in his personal capacity, reports ET. Gondal told ET that so far, GOQii had raised $2.8 million including Sharma’s investment. Sharma is among 20 other angel investors who have invested in GOQii. GOQii founder Vishal Gondal launched the fitness tracking solution coupled with human coaches in February last year. Investors include Bharat Vasan, who is the co-founder and COO of a competing product Basis, Google’s Amit Singhal, Dell’s Kanwaljit Bombra, Bollywood actress Madhuri Dixit-Nene and her husband Dr Shriram Nene, Indix’s Sanjay Parthasarthy and Microsoft’s Taher Khorakiwala and Vijay Vashee among others. In August last year, the company raised undisclosed amount in angel funding from WhatsApp business development head Neeraj Arora and Amazon Web Services vice president (mobile) Marco Argenti. Gondal had said at that time that they would be using the investment to expand to the Middle East in September last year, to the US by December last year, develop a stronger technology platform, build the brand as well as marketing. Gondal added that they were looking to launch in the UK and Australia as well. In October, GOQii launched an Amazon exclusive package called the ‘GOQii Life programme’ which included the Band, a mobile app and personal coaching service for fitness enthusiasts. In January this year, GOQii launched in limited beta in US, open to only 500 customers in the US during the initial phase, who would receive 12…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

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