Akshay Kumar joins fitness tech startup GOQii as investor, strategic advisor
NEW DELHI: The 'Khiladi' of Bollywood Akshay Kumar has recently invested an undisclosed amount in GOQii, a fitness technology venture that offers a wearable fitness band paired with remote personalized coaching, This investment is reportedly a part of the ongoing Series-C funding round, wherein GOQii is aiming to raise $50-70 million.
Prior to this, the notable actor known to advocate a fit and healthy lifestyle was appointed as the brand ambassador for Sun Pharma Ltd's Revital H.
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 over confidentiality.
Commenting on the same, Gondal in a written statement told the daily, “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.”
“GOQii is committed to making the world a healthy and happy place; with Akshay Kumar, we will get there soon, ” he added.
Gondal also extended a welcome tweet to the Bollywood actor, saying,
— Vishal Gondal (@vishalgondal) June 28, 2019
Expressing over the same, Akshay Kumar told ET, “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.”
As per the daily, the Mumbai and Palo Alto-based company is in talks with multiple parties to raise its new round of equity financing and has mandated GCA Corp to scout for fresh investors.