- Advertisement -
HomeStartupsActor Suniel Shetty invests in fitness startup Squats

Actor Suniel Shetty invests in fitness startup Squats

- Advertisement -
- Advertisement -

Launched in 2016 as a Facebook community, the platform focuses on preventive health techniques.

Bollywood actor Suniel Shetty has invested an undisclosed amount in Pune-based fitness startup Squats. The funds will be used to enhance the technological framework, strengthen the team, and expand pan-India operations, the company said.

Launched in January 2016 as a community on Facebook to address fitness issues and concerns, the platform focuses on preventive health techniques.

So far, Squats claims to have 70,000 paid customers and a cumulative revenue worth $8.5 million. It also claims to have received more than 200,000 downloads of its app.

“Suniel Shetty has clarity of vision. At 58, he is fitter than most people in their mid-20s. This coming together of mutual synergies is a testament to the strength of the Squats’ result-oriented approach to fitness,” said  Jitendra Chouksey, Founder, Squats.

Fitness as a sector seems to be witnessing high interest from actors and celebrities. Last week, Mumbai-based fitness startup Sarva roped in actors such as Jennifer Lopez, Alex Rodriguez and Malaika Arora as its investors.

RELATED ARTICLES

Most Popular

Recent Comments