Akshay Kumar turns investor, puts money in health-related device maker GOQii

Healthcare platform GOQii welcomes Bollywood actor Akshay Kumar onboard as an investor with an undisclosed amount of funding in its Series C funding round, reported ET. The home-grown wearable devices maker is aiming to raise $50-70 million in its ongoing round.

Vishal Gondal, chief executive of GOQii, confirmed to ET that Kumar had come on board as an investor and strategic advisor, but declined to comment on its ongoing funding round citing confidentiality.

“We are extremely happy to have Akshay Kumar as part of our GOQii Family. He personifies the values that GOQii stands for and is a living example of what we advocate —exercise, eat healthy and rest well,” Gondal said.

“GOQii is committed to making the world a healthy and happy place; with Akshay Kumar we will get there soon,” he added.

Founded in 2014, GOQii is empowering consumers globally to lead healthier and better lives. GOQii’s smart tech-enabled healthcare platform brings together the entire preventive healthcare ecosystem.

It’s Smart Health Ecosystem integrates tools for real-time personalized coaching, an explosive high-growth Health e-commerce store, scheduling health check-ups, a health locker, a unique ‘GOQii Cash’ program where healthy behaviour is rewarded with cash discounts and insurance discounts based on health management data and live coaching by experts on GOQii Play, the health OTT platform.

Whereas, Akshay Kumar said, “I believe in the GOQii preventive health ecosystem, and am proud to be associated with such a passionate team. Health is not a short term goal and can be achieved by adopting a healthy lifestyle.”

Sources said the new round, which comes about eight months after GOQii raised over $30 million, may be led by Japanese conglomerate Mitsui & Co, an existing investor, with a number of insurance and healthcare companies also in play to invest in the company.

Besides, some of the significant players in the healthcare devices make category includes Fitcircle, Moov, amiigo, Fitso, Gymtrack, HealthifyMe, etc.


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