Wellness platform Growfitter raises $1-M led by IPV

Mumbai-based Health and wellness platform Growfitter has raised USD 1 million in its pre-Series A round led by Inflection Point Ventures. The round also saw participation from First Port Capital, Mumbai Angels, Startup Angel Network, DevX Accelerator Fund, Blockchain Founders Fund (Singapore), JPIN. The funds will be used for building technology infrastructure and expanding business operations, hiring and branding of the platform. Growfitter enables adding of financial benefits to physical activity and offers a monthly subscription to cover all healthcare expenses.