Public Market

IPO

Wellness platform HealthifyMe eyes listing

Economic Times  

Health and wellness platform HealthifyMe is mulling an initial public offering (IPO) in the next 24 months even as it plans to clock an annualised revenue run rate (ARR) of USD 200 million around the same time. HealthifyMe offers services such as calorie tracking, one-on-one nutrition, fitness coaching, diet tracking, and workout plans. The platform claims to have around 30 million users in more than 300 cities. The app has around 2,000 health and fitness coaches and around 300 employees. HealthifyMe raised USD 75 million in a funding round in July 2021, led by impact investor Leapfrog, US-based venture capital investor Vinod Khosla, and Elm, Saudi Arabia's public investment fund.