15 February 2022 | Features
India's leading health weight loss app
Inception- 2019
Location- Mohali
Domain- Health & wellness
Founders- Sahil and Mehakdeep
Total team strength- 100
Total funds raised- Bootstrapped
Investors- NA
Revenue generated since inception- NA
Key highlights-
Founder Speaks-
"In the next 5 years, Fitelo will be a single-stop shop when it comes to sustainable and natural fitness. The Fitelo platform will be one place where an unhealthy or unfit person can come when they are looking for awareness, consultation, a product, or a service that can help them to achieve sustainable fitness.
According to industry studies of the Indian retail fitness services market, in 2019, there were six million active users in India who spent on an average $350 to $400 annually towards fitness services, amounting to $2.6 billion market size. The market size is estimated to hit a whopping $6 billion by 2023."
- Sahil Bansal, Co-founder, Fitelo, Mohali