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Suniel Shetty, a Bollywood actor, recently invested an undisclosed amount in the Pune-based health and welfare home SQUATS. The company will use the funds recently collected for to improve its technological framework to strengthen its team and to develop its operations.
Along with the actor, SQUATS will initiate a movement to create 50 million individuals fit and to create a lakh job in the mall in shape.
<figure clbad = "image embed" contenteditable = "false" data-url = "https://images.yourstory.com/cs/2/3fb20ae0-2dc9-11e9-af58-c17e6cc3d915/qkjdekje1557480990246.jpg" – alt = "Bollywood" data-caption = "
(LR) Suniel Shetty, Sonal Singh (Director, SQUATS) and Jitendra Chouksey (Founder, SQUATS)
" align = "center"> <img clbad = "disableEmbedPointerEvents "src =" https://images.yourstory.com/cs/2/3fb20ae0-2dc9-11e9-af58-c17e6cc3d915/qkjdekje1557480990246.jpg?fm=png&auto=format "alt =" Bollywood [19659003] (LR) Suniel Shetty , Sonal Singh (Director, SQUATS) and Jitendra Chouksey (Founder, SQUATS)
See also: [Funding alert] Jennifer Lopez at Malaika Arora, the Yoga Brand SARVA Wins the Support of Star Power [1965900] Jitendra Chouksey ] Founder of SQUATS said:
"This coming together of mutual synergies demonstrates the strength of SQUATS 'results-oriented fitness strategy. With Mr. Shetty, Council, SQUATS will be able to attract and transform the lives of more people in the country. "
SQUATS began its journey in January 2016 as a Facebook community, which was used to meet the challenges of the fitness industry .The start-up, as well as this community which has 5 lakh members, have already recorded 70 000 transformations of the physical condition .
Its mobile application FITTR received more than of two downloads lakh [ ] since September 2018. The founders claim that the company has been profitable since its inception SQUATS is currently focusing on preventive health care
In his press release, Suniel Shetty ] stated:
"In today's world, where all kinds of false information about fitness is common, there is a critical need for companies like SQUATS, problems of trust and creativity. in the Indian fitness space, focusing on "balancing quantified nutrition and bodybuilding" and achieving exceptional results. With this collaboration, in badociation with SQUATS, I am committed to making India more fit. "
Through FITTR, the startup The company has generated a turnover of 8.5 million US dollars since its inception .
Celebrities have more and more likely to partner with startup ecosystem actors Last week Jennifer Lopez, Alex Rodriguez and Malaika Arora Invested in SARVA a brand of yoga and well-being
See also: Alia Bhatt, Ranveer Singh, PeeCee and now Virat Kohli: meet the power of stars behind young startups
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