GOQii has appointed former Google executive Amit Singhal as a strategic advisor to its board of directors, reports Indiaprwire. Singhal had quit Google in February this year and had said he would concentrate on family and philanthropy.
At Google, Singhal was it’s head of ranking team, Google Fellow and the person responsible for Google’s search algorithms. He worked for 15 years at Google, before which he worked at AT&T labs researching IR and database programming.
Axis Bank tie-up: In February, Axis Bank tied up with GOQii to launch a wearable device for its customers. The device would allow users to make NFC payments, and would come with GOQii’s fitness related features like the coach etc. The band is expected to be launched this year.
GOQii funding: In November last year, GOQii raised Series A funding worth $13.2 million. At the time, it said it would use the funds to expand to China and other unnamed markets. In July, the the company had raised an undisclosed amount of funding from Paytm founder and CEO Vijay Shekhar Sharma in his personal capacity.
Coach marketplace: In March last year, GOQii launched a coach marketplace model, wherein users would be able to hire coaches irrespective of their location. These independent coaches would take tests based on GOQii prescribed curriculum and earn a certification to provides their services on the platform, post which they would work on a revenue sharing model. At that time, it was looking to sign up 10,000 independent coaches by next year.
GOQii founder Vishal Gondal launched the fitness tracking solution coupled with human coaches in February 2014 and the fitness solution in August 2014 in India. The app integrates with 35 other fitness bands like Jawbone, Fitbit, Garmin, Moov, Misfit and Sony. GOQii competes with Fitbit, Jawbone, Basis, Moov, Garmin Vivofit, Mi Band and Sony Smartband among others. Most of these fitness trackers aren’t paired with human coaches, which is GOQii’s USP, but there are several other coaching programs available in the market.