Spectacom Global Raises INR 11 Crore in Pre-Series A Funding, Set to Expand and Prioritize Health and Wellness
- ByStartupStory | June 1, 2023
Gurugram’s Spectacom Global Raises INR 11 Crore in Pre-Series A Funding Round, Led by Rainmatter Health, the Initiative by Zerodha Founders. The investment will fuel Spectacom Global’s expansion plans, including the launch of new participative intellectual properties (IPs), investments in content development, marketing initiatives, and talent acquisition. The company aims to achieve growth across multiple verticals, such as events, healthtech, ticketing, and media.
“I believe we will see a lot of growth as well as consolidation in the health and wellness space in the next few quarters. A lot of big players who have entered the market and raised funds at high valuations are now pivoting to a business model that aims for break even, if not profit. Our motto on the other hand has always been to build stable businesses with a strong bottom line,” Adnan Adeeb said in a statement.
Spectacom Global Prioritizes Personal Health and Wellbeing with BunkerFit, India’s Leading Vernacular Holistic Health and Wellness App. BunkerFit provides inclusive modules covering training, yoga, mindfulness, and nutrition. The app is available in various languages, including English, Hindi, Tamil, and Telugu, ensuring accessibility to a wider audience seeking comprehensive health and wellness solutions.
Spectacom Global, a prominent sports company, boasts ownership of two major ventures: BunkerFit, a renowned fitness brand, and getmybib.com, an upcoming sports-centric ticketing platform. Additionally, the company holds a significant controlling interest in Devils Circuit, widely recognized as India’s largest obstacle race, and has witnessed considerable growth in popularity over the past few years.
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