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Fitness App All Is Well Raises $2.5 Million

VitaminPedia.com by VitaminPedia.com
August 9, 2023
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All Is Well, an expert system (AI)- made it possible for incorporated health and fitness technology system, has actually increased $2.5 million from Bharat Founders Fund. A team of angel capitalists additionally joined this financing round, consisting of Shantanu Deshpande (owner as well as chief executive officer of Bombay Cutting Firm), star Abhishek Banerjee, Pradeep Parameswaran (RGM-APAC for Uber Wheelchair), Vijay Aggarwal (Ex-CTO BharatPe as well as Blinkit), Aarti Gill (founder of Oziva), Sumit Jain (Chief Executive Officer of Graphy as well as founder CommonFloor).

The startup will certainly make use of the funds to consist of brand-new sporting activities on its system as well as incorporate wearable modern technology right into its existing AI-based electronic item. It will certainly additionally declare global licenses for several of its IPs in the coming months. This consists of the All Is Well Physical Fitness Rating (AFS), an instinctive, 3D health and fitness rating, like a CIBIL rating, for contrasting as well as tracking total sport-specific health and fitness.

IIT Roorkee alum Vaibhav Tandon, that remained in the management group of OGQ, started All Is Well in October 2022 in addition to two-time Olympian as well as Arjuna recipient Aparna Popat.

The dup established the system after seeing a large space in India where 4 million affordable as well as aspirational sportspersons underperform as a result of health and fitness problems, injuries, tension as well as their instructors not having Accessibility to sport-science know-how. They located that the existing health and fitness applications concentrate just on the wellness facets (for example, weight-loss as well as sugar control), which are not the core demands of these sportspersons.

To resolve this substantial issue, Tandon as well as Popat developed the All Is Well application to provide AI-driven workable understandings as well as Accessibility to customised physical, nourishment as well as psychological training strategies that cover cricketers as well as Olympic champions have actually utilized. This will certainly encourage sportspersons of all degrees to ‘Train like champs’.

Talking about the financing, Maanav Saagar, Companion Bharat Founders Fund, stated “Vaibhav as well as Aparna feature the appropriate experience to construct AIW. Our company believe modern technology would certainly play a substantial function in making it possible for sporting activities ability to understand their real capacity. AIW’s strategy of partnering with sporting activities academies as well as incorporating modern technology at a grass-root degree leads the appropriate course for them to construct an item that can be utilized at range.”

Tandon, Chief Executive Officer of All Is Well, stated, “Accessibility to these sport-specific as well as personal training strategies was as soon as unique to the elite sportspersons. With our group, which has actually educated champs like P.V. Sindhu, Saina Nehwal, Shreyas Iyer as well as Surya Kumar Yadav, we are scaling this know-how to a bigger individual base, consisting of the leisure sporting activities area. We have an all natural group of pedigreed technology, sporting activities as well as service assumed leaders to make a distinct performance-focused application.”

The business’s consultatory panel includes market specialists like Rahul Chaudhary (founder of Treebo), Vijay Aggarwal (Ex-CTO of BharatPe as well as Manish Gupta (Ex-Moglix as well as Cashify). Mentioning the chance, Chaudhary stated, “There are significant chances to produce worth in the sporting activity as well as health and fitness area. There is an excellent disposition to incorporate sporting activities right into our everyday way of living for health as well as to progress at it. While expanding sporting activities scientific research assistance to the optimum variety of affordable sportspersons is the demand of the hr, it is additionally the correct time to give this know-how with technology to a broader market of sporting activities fanatics.”

Given that its creation, the application has actually partnered with academies like the Gary Kirsten Cricket India centres as well as Prakash Padukone Tennis Academy. Fourteen gamers from the Indian tennis group are making use of the application presently.

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