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🎉Rainmatter, Backed by Zerodha : Invests $3.5 Million in Fitness Startup Fittr💪




💪Fittr, a Pune-based company, secured $11 million in 2021 from investors like Elysian Park and Peak XV's Surge fund, totaling $17 million in equity funding since its 2016 inception.


💥Rainmatter has invested in an ecosystem of 18 health and wellness startups, including Aroleap, Devils Circuit, Ultrahuman, Trunativ, and Humanedge, alongside Fittr.


💪Fittr's founder, Jitendra Chouksey, highlighted that Rainmatter's funding provides access to Zerodha-backed health startups, enabling collaborations to promote personal health and fitness.


💥Fittr reported profits for a quarter and maintains an annual recurring revenue run rate of Rs 120 crore.


💪Chouksey aims for sustained profitability before considering a public listing, prioritizing a stable business foundation.


💥Fittr boasts over 250,000 monthly active users and more than five million app downloads.


💪The platform offers online fitness, nutrition coaching, and personal training services.

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