Friday, 24 May 2024, Bengaluru, India
Here we are talking about Digital fitness startup Portl, which secured $3 million in a funding round led by the Bharat Innovation Fund:
Portl, a digital fitness and wellness startup secured $3 million in a funding round led by the Bharat Innovation Fund. The round also saw participation from other existing investors, Kalaari Capital, and new investor T-Hub Foundation. Kalaari Capital also invested in the 2021 seed funding round. This Hyderabad-based startup will use the fun to scale up operations and product development, enhance its artificial intelligence system, and expand its market.
The startup was founded by Indraneel Gupta, Armaan Kandhari, and Vishal Chandapeta to provide a platform with customized fitness routines for an individual. The digital platform Portal Studio uses Artificial intelligence to provide users with personalized wellness and fitness experiences. The company’s smart mirror comes with a 43-inch 4K Screen with embedded bio-sensors, edge AI processing with Wi-fi, HD cameras, and Bluetooth connectivity. This helps users to get real-time health monitoring and routines according to their capability.
Portl plans to broaden its product range and design more robust technology for users of all fitness levels. The startup aims to expand its business across India and globally. The company aims to make health and fitness accessible to everyone regardless of where they are. The startup used advanced AI, edge AI, and innovative hardware for its technology. The Co-founder of Portl told inc42 that the startup aims to empower individuals to achieve their wellness goals effectively and efficiently. The startup delivers personalized and affordable technology to help users adopt healthier lifestyles.
The co-founder of Bharat Innovation Fund, Ashwin Raguraman, showed their excitement in this investment. The investors believe that Port’s home fitness segment, with high-quality trainers and personalized training routines, can become the second mirror and third screen in everyone’s house shortly. The startup will use the fund to enhance product development and expand the market. The Portl Studio is like a Smart Home Gym with an in-built Personal Trainer. Supports multiple users on a single device with real-time form correction.
Conclusion
Portl is a digital fitness and wellness startup that secured $3 million in a funding round led by the Bharat Innovation Fund. The round also saw participation from other existing investors, Kalaari Capital, and new investor T-Hub Foundation. The startup was founded to provide a platform with customized fitness routines for individuals. The digital platform, Portl Studio uses Artificial intelligence to provide users with personalized wellness and fitness experiences. The startup aims to make health and fitness
accessible to everyone and expand its business globally. The startup used advanced AI, edge AI, and innovative hardware for its technology. The company’s smart mirror comes with a 43- inch 4K Screen with embedded bio-sensors, edge AI processing with Wi-fi, HD cameras, and Bluetooth connectivity. This helps users to get real-time health monitoring and routines according to their capability. The investment will support the startup’s growth plans and further development of its innovative fitness solutions.
