SQUATS, the Pune-based online wellness network, has recently confirmed the ongoing speculation that Bollywood Actor Suniel Shetty has made an investment of an undisclosed amount. With this, the both SQUATS and Suniel Shetty have promised for a stronger association to start a development in the way of life of Indians from remedial to preventive medicinal services.
This new round of funding will upgrade and boost SQUATS’ hidden innovative system, reinforcing its group, and extending its dish India tasks. Additionally the funds will be used to enhance the technological framework, strengthen the team, and expand pan-India operations, the company said.
Jitendra Chouksey, Founder, SQUATS, stated, “Suniel Shetty has persistently set new benchmarks in his acting profession, business, and wellness. His prosperity crosswise over spaces is driven by the clearness of his vision. Indeed, even at 58, he is fitter than a great many people in their mid-20s. This meeting up of shared cooperative energies is a demonstration of the quality of the SQUATS’ result-arranged way to deal with wellness. We are sure that, with Shetty on board SQUATS will probably draw in and change the lives of more individuals in the nation.”
Suniel Shetty included, “My profession as a Bollywood on-screen character aside, remaining fit and dynamic is a decision that I deliberately made since my youngsters. I have dependably put stock in keeping it normal. Be that as it may, in the present time, when a wide range of false data about wellness are normal, there is a basic requirement for organizations like SQUATS, which address the issues of trust and inevitability in the Indian wellness space, concentrating on ‘offsetting evaluated nourishment with weight preparing’ and conveying outstanding outcomes. I really trust in the vision and approach of its establishing group, and its future development potential as India’s favored wellness brand. With this coordinated effort, together with SQUATS, I vow to make India fitter.”
Squats was initially started its journey in January 2016 as a community on Facebook to help people who has fitness issues and concerns, the platform focuses on preventive health techniques.
Currently Squats is reported to be claiming to have 70,000 paid customers and a cumulative revenue worth $8.5 million. It also claims to have received more than 200,000 downloads of its mobile application.
SQUATS is on ultimate mission to make 50 million people fit and create one lakh jobs in Health and fitness industry.
In last one year Indian startup in areas of Fitness, Wellness, Healthcare is witnessing amazing attraction and huge investment from actors, actress and celebrities not from India but also globally. Recently Mumbai-based fitness startup Sarva was roped Superstars like Jennifer Lopez, Alex Rodriguez and Malaika Arora as its new investors.