Healthify (previously HealthifyMe) has closed a fundraising round worth over Rs 378 crore, headed by current investors Khosla Ventures and LeapFrog Investments, with fresh participation from Claypond Capital.
The start-up stated that this funding comes at a critical time as it accelerates its global expansion, with a particular emphasis on accessing the US market and developing its industry-leading AI capabilities.
With the advancement of AI capabilities, Healthify hopes to comprehend common food products, workout habits, and local languages, resulting in personalized and culturally relevant health counsel. With this functionality, the business claims to have completed alpha tests in India in preparation for a successful launch in the United States. The AI-driven coach will work alongside human coaches to drive outcomes in behavior modification.
Tushar Vashisht, co-founder and CEO, commented on the development, saying, “Everyone is empowered to make better food and fitness choices, regardless of their ability to pay.” After producing large-scale results in India with our unique blend of AI and human coaching, we’re excited to introduce this strategy to the United States, the world’s largest fitness market. With this support, we’re one step closer to realizing our goal of placing a high-acuity health coach in everyone’s pocket.”
Healthify claims to serve over 40 million customers in 300+ cities, with over 600 coaches. Interestingly, this announcement comes months after the business lay off almost 30% of its personnel as part of a reorganization effort targeted at establishing profitability.