GOQii, a fitness wearable device venture founded by Vishal Gondal has raised an undisclosed amount of funding from Neeraj Arora, business head at WhatsApp Inc., and Marco Argenti.
“We just launched the commercial version of GOQii in India and we will use the funds for scaling in a major way,” said Gondal.
“A portion of the funds will also go towards marketing, brand building and enhancing the technology platform.”
Gondal is the founder and former CEO of Indiagames. GOQii’s other investors include Madhuri Dixit Nene, Amit Singhal of Google, Goutam Godhwani of SimplyHired, Prashant Gulati a serial entrepreneur, tech evangelist and startup mentor.
After a long closed beta testing GOQii launched the commercial version on August 1st.
The company didn’t disclose the exact funding amount but it is expecting to expand to the Middle East in coming months.
GOQii offers GOQii Band, a fitness tracker which comes with full touch display, vibrating alarm and auto syncing via Bluetooth LE.
The company is offers subscription for GOQii, which includes all elements of its ecosystem for six and 12 months. It charges Rs 6,999 for the half yearly and Rs 11,999 for the annual subscription.