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Funding roundup: Gympik, NumberMall, Faircent and ReTiSense

Gympik raises $135,000 in seed funding

Bangalore-based Gympik Health Solutions Pvt Ltd., which runs Gympik.com, has raised $135,000 in a round of seed funding from Capvent’s managing partners Rohan Ajila and Tom Clausen, and the manufacturing firm Haldyn Glass, reports TechCircle. Heathcare accelerator Healthstart also participated in this round. As a part of the deal, Ajila and Healthstart’s Pradeep Jaising will join the company’s board.


The startup will use the funds to enter new verticals while providing B2B software services to players in the fitness category. As of now, Gympik works as an online marketplace for fitness services providers, and claims to list around 3,000 trainers across various categories like physical trainers, yoga teachers, aerobics instructors, dieticians and martial arts instructors among others.

NumberMall raises funds from SRI Capital

Hyderabad based online payment gateway service NumberMall has raised an undisclosed amount in equity funding from angel investor Sashi Reddi’s early stage VC fund SRI Capital, reports TechCircle. Reddi will join the startup’s board as a part of the deal.

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Founded in 2012, NumberMall is a merchant managed wallet platform which aggregates various services under one platform. As of now, the platform can be used to recharge mobile phones, DTH and data cards and buy bus tickets. The company says it will soon introduce services like insurance premium payments, train and air ticket booking, holiday packages, utility bill payment, money transfers and hotel bookings.

Faricent.com raises 

Gurgaon based Faircent.com raised investment from Fusion Microfinance promoters Devesh Sachdev and Ashish Tiwari, reports the Economic Times. While the investment size was not disclosed, the report says the investment was raised at a $4 million valuation. The startup will use the funds to strengthen its technology, hire new talent and for marketing.


Founded in 2013, Faircent provides a platform for lenders and borrowers to register and interact amongst themselves to strike deals on lending or borrowing.

ReTiSense raises over $30,000 on Kickstarter

Bangalore based startup ReTiSense Technologies has raised over $30,000 through the crowdfunding platform Kickstarter, for its wearable ‘smart insoles’ Stridalyzer, as against its goal of $25,000. Over 300 people have backed the project.

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Stridalyzer is a ‘smart’ shoe insole which displays data about overpronating, changes in foot strike patterns, stressed heels, feet and knee monitoring when when worn inside a shoe. It also provides a real-time foot stress map to users. The device is targeted towards running professionals and coaches, although it should be useful for any running enthusiasts or people with leg problems. The product is expected to be released later this year.

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