BurnCal, India's most personalized fitness solution provider, has announced that it has raised $330,000 in its pre-seed round funding. BurnCal was backed by 100X.VC (Class 3) in December 2020.
Mit Mehta, Founding Team Member at BurnCal, Ex-VP at Fitternity, said, "Being in the fitness industry for more than 6 years, the biggest problem that I have noticed is customer retention. We are working really hard at BurnCal to solve that, and our solution is designed to enable people to incorporate fitness into their daily lives for long-lasting physical and psychological transformations."
Bipin Shah, Partner at Titan Capital, said, "BurnCal's vision to scale personal coaching to a level unimagined before with the help of their ground-breaking technology is something that impressed us massively. Founding team possess that needed ingredients to build the right working product and business around it."
Rahul Agarwalla, SenseAI Ventures, said," When we met BurnCal’s passionate founding team, we were impressed by their deep technical skills and the revolutionary Computer Vision technology they had built. They are tackling an issue which is a focus for everyone – health and fitness. Their solution of personalized coaching at scale is especially relevant and timely.”
Ninad Karpe, Partner at 100X.VC, said, “Personal fitness has now received the importance andpriority which it truly deserves. With a unique offering and a business model which can scalerapidly, BurnCal is rightly positioned to become a leader in its space. At 100X, we are delightedto have backed BurnCal as its first institutional investor."
BurnCal offers a subscription-based fitness membership where the premium members get access to an elite fitness coach, personalized workouts and nutrition plans, real-time scoring, and performance tracking.
About BurnCal:
BurnCal is a breakthrough fitness product that empowers individuals to acknowledge and improve their health in a more personalized and engaging way. Combining human expertise with machine intelligence, BurnCal is building the highest retention fitness product ever to ensure all their members have a sustainable fitness journey.
Website: https://www.burncal.fit/
The investors participating in the round are Titan Capital,SenseAI Ventures(Syndicate on Let's Venture platform), Kushal Bhagia of First Cheque along with Farooq Adam (Co-Founder of Fynd), Hershel Mehta and Brendan Rogers (Co-Founder, Wag) of 2AM Ventures, KRS Jamwal (Executive Director of Tata Industries), Aditya Kothari (Co-Founder of Chingari), Anupam Mittal as Part of LV Syndicate(Founder of People Group, i.e., Shaadi.com) and few super angels.
The funding received shall be utilized to build the core technology, scale up the product and strengthen the founding team.
BurnCal is founded by Anik Agrawal (Head of Sales & Marketing), Vichar Shroff (Head of Product), Chetan Reddy (Head of Fitness), Kunal Agrawal (Head of Technology) a team of elite fitness coaches and serial entrepreneurs who are alumni of IIT Bombay, BITS Pilani, and University of Rochester. The unique platform was born out of Covid, as people struggled to find consistency with fitness due to a lack of convenient options.
BurnCal is founded by Anik Agrawal (Head of Sales & Marketing), Vichar Shroff (Head of Product), Chetan Reddy (Head of Fitness), Kunal Agrawal (Head of Technology) a team of elite fitness coaches and serial entrepreneurs who are alumni of IIT Bombay, BITS Pilani, and University of Rochester. The unique platform was born out of Covid, as people struggled to find consistency with fitness due to a lack of convenient options.
BurnCal's proprietary computer vision-based technology tracks the posture and counts repetitions in real-time during workouts ensuring their members get complete attention even while working out from home without having a human trainer next to them. The solution provided by BurnCal is designed in such a way that people can work out from anywhere: home, gym & park, etc. Along with nutritional guidance, it provides world-class personal coaching with cutting-edge technology to make fitness a lifestyle for millions of people struggling with fitness.
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| Anik Agrawal (Head of Sales & Marketing),Vichar Shroff (Head of Product) ,Chetan Reddy (Head of Fitness), Kunal Agrawal (Head of Technology) |
Mit Mehta, Founding Team Member at BurnCal, Ex-VP at Fitternity, said, "Being in the fitness industry for more than 6 years, the biggest problem that I have noticed is customer retention. We are working really hard at BurnCal to solve that, and our solution is designed to enable people to incorporate fitness into their daily lives for long-lasting physical and psychological transformations."
Bipin Shah, Partner at Titan Capital, said, "BurnCal's vision to scale personal coaching to a level unimagined before with the help of their ground-breaking technology is something that impressed us massively. Founding team possess that needed ingredients to build the right working product and business around it."
Rahul Agarwalla, SenseAI Ventures, said," When we met BurnCal’s passionate founding team, we were impressed by their deep technical skills and the revolutionary Computer Vision technology they had built. They are tackling an issue which is a focus for everyone – health and fitness. Their solution of personalized coaching at scale is especially relevant and timely.”
Ninad Karpe, Partner at 100X.VC, said, “Personal fitness has now received the importance andpriority which it truly deserves. With a unique offering and a business model which can scalerapidly, BurnCal is rightly positioned to become a leader in its space. At 100X, we are delightedto have backed BurnCal as its first institutional investor."
BurnCal offers a subscription-based fitness membership where the premium members get access to an elite fitness coach, personalized workouts and nutrition plans, real-time scoring, and performance tracking.
About BurnCal:
BurnCal is a breakthrough fitness product that empowers individuals to acknowledge and improve their health in a more personalized and engaging way. Combining human expertise with machine intelligence, BurnCal is building the highest retention fitness product ever to ensure all their members have a sustainable fitness journey.
Website: https://www.burncal.fit/
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