Web3-based fitness app Fitmint raises $1.6 M led by General Catalyst

Bengaluru-based Fitmint, which runs 'Move-to-Earn', rewarding users (uwing Web3/ Blockchain-based tokens) for engaging in physical exercises, has raised USD 1.6 million led by General Catalyst. It also witnessed participation from iSeed, Kearny Jackson, Dweb3 and 1947 Rise. Fitmint will use the amount raised for hiring and team expansion, marketing and for optimising tech infrastructure.