Health tech startup Impact App raises $600K in pre-seed funding round
- ByStartupStory | December 28, 2022
Impact App has raised $600K in their pre-seed round from 50 angels including Portea’s Ganesh Krishnan, Hubilo’s Vaibhav Jain, Khatabook’s Ravish Naresh, OTO’s Sumit Chazzed and so on.
The app currently makes $200K+ in annual recurring revenue and is expected to reach $1 million in the next 12-15 months. Impact intends to grow India’s organic community to 10 million people during the same time period.
By engaging with a robust community of 1 million+ impact changemakers, Impact aims to build a global base of 100 million users by 2027.
Impact app is induced with fitness and freedom where every step up will be a step taken towards a social cause. Each and every penny raised through the user’s workout is sponsored by different companies under their CSR (Corporate Social Responsibility) model and goes directly to the partnered NGOs. The mobile app was launched in 2016. Its headquarters is in Mumbai. The app was co founded by Ishan Nadkarni.
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