Fitness Technology App Fitelo eyes INR 250 crore revenue within the next three years
- ByTejika Bajaj | January 7, 2022
Fitness technology app Fitelo has recently stated that it intends to raise its revenue to INR 250 crore within the next three years owing to the surge in adoption of technology by consumers for their health and well-being.
In the past two years, the platform has seen exponential growth by serving more than 15,000 clients with a team of 65. Currently, the content of the platform reaches five million people monthly, however the startup intends to increase this figure multifold thus making its brand the biggest app for weight loss by the end of the year.
Talking about the future plans of the startup, the Co-founder and CEO of the fitness app, Sahil Bansal specifies, “In the next five years, we envision Fitelo to be the one-stop solution for people planning to embrace the sustainable and natural fitness route.”
Founded by Mehakdeep Singh and Sahil Bansal in 2019, Fitelo is an AI driven wellness app that identifies people’s habits, fitness goals and medical conditions, thus curating personalised health programmes for them. Digital adoption is disrupting the healthcare industry, especially in the post-pandemic era. Through its social media channels, Fitelo is aiming to spread awareness and busting myths about fitness and health across the globe.
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