Funding Alert

Home Fitness And Wellness Startup Portl Raises Funding Of Undisclosed Amount In Seed Round From Kalaari Capital

• ByStartupStory     |    June 21, 2021

Home fitness and wellness startup Portl raises funding  an undisclosed amount in its seed round of funding from Kalaari Capital. Portl raises funding to utilise and to grow the team across hardware, engineering, and AI domains, and expand the sales and marketing efforts for the Portl range of products in India. Portl is a fully-integrated, multi-functional, smart fitness and health system.

Indraneel Gupta, Co-founder and CEO, Portl, said regarding Portl raises funding, “At Portl, we are reimagining the way people will access, manage, and control their overall health. In many ways, the hardware and software that we are building will empower people to take charge of their own health and fitness, while we provide personalised and holistic services to support their efforts.”

Vamshi Reddy, Partner at Kalaari Capital, said regarding the investment, “Overall, the product will help customers adhere to workout routines, improve access to world-class fitness content, and help personalise each user experience. They also have the ability to go beyond fitness capabilities using hardware interface, computer vision, and audio functionality to deliver telehealth solutions. The device can tap into user data to deliver a wide range of digital healthcare solutions.”

 

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