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GOQii gets new investors in WhatsApp's Neeraj Arora and Amazon's Marco Argenti

Smart fitness band maker GOQii has raised funding from WhatsApp’s Neeraj Arora, and Marco Argenti, VP Amazon Web Services - Mobile. The news was first reported by NextBigWhat and BGR India has con

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Smart fitness band maker GOQii has raised funding from WhatsApp’s Neeraj Arora, and Marco Argenti, VP Amazon Web Services – Mobile. The news was first reported by NextBigWhat and BGR India has confirmation. GOQii had been in an extensive pilot mode since February and launched commercially last week.

Founded by Vishal Gondal (founder of Indiagames), GOQii’s existing investors include Amit Singhal (Google), Anil Godhwani (Habitera), Gauta, Godhwani, Bharat Vasan (Mybasis), Bollywood actress Madhuri Dixit Nene, Dr Shriram Nene, Mahesh Samat (Epic Television), Mike McNamara (Flextronics), Prashant Gulati(TiE), Sanjay Parthasarthy (Indix), Sanjay Vaswani, Steve Luczo (Segate), Taher Khorakiwala and Vijay Vashee (Microsoft).

“Both Marco and Neeraj bring diverse expertise. Marco has extensive knowledge about cloud services, devices and apps. Neeraj has played a big role in building WhatsApp, which started outside of the US,” Gondal told BGR India while confirming the two new investors. Prior to Amazon, Marco Argenti was involved in Nokia’s developer program.

Gondal confirmed that there were no other new investors since his initial announcement about GOQii and its investors. “We are building the world’s largest gym chain without owning any gym floor. We believe the world is a gym and the coach is in the cloud,” he added. After launching in India, the company is looking at doing a pilot launch in UAE next month, Gondal told BGR India.

Unlike other fitness smartbands, GOQii not only tracks the user’s activity but also provides a coach that monitors and suggests changes a user can do to improve their health and lifestyle. Rather than charging for the hardware, GOQii charges subscription plans for access to its coaches, which are available over pre-scheduled calls or instant messenger. Currently, GOQii charges Rs 6,999 for a six-months subscription or Rs 11,999 for an annual subscription.

  • Published Date: August 4, 2014 12:06 PM IST