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Shooting Star Invests $1 Million In HealthTech Startup FitPass

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Shooting Star Invests in HealthTech,Startup Stories,Startup Stories India,Inspiration Stories,Startup FitPass,health tech startup FitPass,Mumbai Angels,Franchise India

Shooting Star VC Fund, backed by Olympic gold medalist and Indian ace shooter, Abhinav Bindra has invested $1 million in Delhi based health tech startup FitPass. Cofounded by Akshay Verma along with his sister Arushi Verma, FitPass connects and provides users with access passes for gyms and fitness studios.

Launched in 2015, Delhi based Fitpass has already raised $1 million from Mumbai Angels and others just this past December. They also raised an undisclosed amount from the real estate conglomerate SD Group in January. The startup, according to a statement, plans to use the new funds to expand the full suite of FitPass services across 10 cities.

The access pass priced at Rs. 999 per month provides users with an app based pass to workout anywhere at any time across 1,500 gyms and fitness studios in Delhi. According to cofounder Akshay Verma, they already have 400 centers in Bengaluru and are planning to launch in Mumbai and Pune soon.

Abhinav Bindra along with business partner Gaurav Marya launched Shooting Star incubation firm in 2016 with an initial investment of $2 million in an equal partnership with consulting firm Franchise India. Speaking about the investment in FitPass, Abhinav Bindra said it was one of the most promising ventures in Indian fitness domain. Bindra used the app for a few months before deciding to invest in the venture. FitPass founder’s passion and holistic approach were influencing factors in their decision.

Fitpass initially was launched with 65 partners and users could avail a variety of workout options such as gym workout, yoga, Zumba, Pilates, spinning, kickboxing, CrossFit and MMA. The app available on Android and iOS also allows users to consult a dedicated personal nutritionist and follow AI led coaching plans to achieve faster results. As of December last year, the FitPass team consisted 22 members out of which 13 were engaged in technology.

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Imarticus Learning Acquires MyCaptain for INR 50 Crore to Boost Non-Tech Upskilling

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My Captain

Imarticus Learning, an IPO-bound professional education firm, has acquired Bengaluru-based edtech platform MyCaptain for INR 50 crore in a cash-and-stock deal. This marks Imarticus’s fourth acquisition in four years and is aimed at expanding its presence in non-tech career training, especially across India’s Tier-II and Tier-III cities. MyCaptain, which has over 500,000 learners and a revenue of ₹27 crore for FY25, specializes in creative and entrepreneurial fields, with 60% of its users from smaller cities.

 

With this acquisition, Imarticus will bring MyCaptain’s employability bootcamps in digital marketing, design, and content to its 20+ classroom centers in 16 cities, blending online and offline learning. MyCaptain will operate as a fully-owned subsidiary, and all 250 of its employees will join Imarticus, expanding the combined workforce to over 850. The move supports Imarticus’s goal to reach five million learners by FY28 and deepen its offerings in non-tech domains.

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Ex-100X.VC Partners Launch 247VC, Announce INR 250 Crore Fund for Seed-Stage Startups

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StartupStories

Former 100X.VC partners Yagnesh Sanghrajka and Shashank Randev have launched a new venture capital firm, 247VC, unveiling a maiden fund with a target corpus of INR 250 crore (about $30 million). The SEBI-registered Category II AIF includes a base of INR 200 crore and a INR 50 crore greenshoe option, and is focused on backing 30 seed-stage startups across India over the next three years.

 

247VC will target high-potential founders in sectors like deeptech, enterprise tech, consumption, and Industry 5.0, with initial cheque sizes ranging from INR 3 crore to INR 4 crore and follow-on capital for top-performing companies. The fund has attracted prominent early backers, including Sachin Tagra (JSW Ventures), Vivek Mathur (ex-Elevation Capital), and Shailendra Majmundar (Johns Hopkins University).

Sanghrajka and Randev, who together have invested in over 200 startups previously, aim to support ambitious founders building for scale and innovation, especially in emerging and underexplored markets. The launch comes as seed-stage investing gains momentum in India, with average cheque sizes rising despite a cautious funding environment.

 

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Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

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Flam_StartupStories

AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

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