Fitness Startup: Tread Raised Seed Funding of USD 1.1m

Bengaluru-primarily based on-line health startup TREAD has raised seed investment of USD 1.1M (eight crore INR) from a grasp of reliable marketers and angel traders.

The awesome traders who participated on this investment spherical had been Unacademy Founders (Mr. Gaurav Munjal, Roman & Hemesh Singh), Mr. Sujeet Kumar (Udaan, ex-Flipkart), Mr. Kunal Shah (CRED), Mr. Amrish Rau (Pine Labs, ex-PayU), Mr. Sai Srinivas & Mr. Shubh Malhotra (Mobile Premier League (MPL)), WhiteBoard Capital, Mr. Jitendra Gupta (LazyPay with the aid of using PayU Finance), Mr. Phanindra Sama (redBus), FirstCheque, Stanford Angels and Better Capital amongst others.

TREAD, which was based with the aid of using Dinesh Godara in July 2020. The startup permits customers to avail limitless get entry to to diverse forms of exercise classes in yoga and aerobic categories, amongst others, via its month-to-month or every year subscription model.

Tread ambitions to flare up the “Fit India” initiative with the assignment to carry holistic and hard exercises in a extra accessible, low-cost and green way. In a announcement issued with the aid of using the startup, Founder and CEO Dinesh said:

“This fundraise offers us the preliminary capital to hastily construct out our product, our content material throughout social platforms, and to onboard heaps of expert running shoes from throughout the country. Our on the spot purpose is to release an immersive and gamified revel in for customers to select their exercises and make constant development on their health goals.”

Godara had in advance floated an edtech startup named Wifistudy. Later he joined Unacademy after his start-up was received by Unacademy (Oct 2018).