glow fitterIndia’s largest incentive wellness platform, has partnered with NEAR India. of the NEAR Foundation A regional hub in India to expand your business globally. Growfitter’s integration into his NEAR blockchain is an important step in the company’s commitment to expand its presence in Vietnam, the Philippines, Dubai, and Singapore.
The NEAR Protocol is a highly secure and cost-effective platform that applications like Growfitter can leverage to reach a global audience without being physically present in the target geographic location. is. NEAR-backed Growfitter is one of the first Indian startups to migrate from Web2 to Web3 for geo expansion. Growfitter’s future architecture will continue to evolve on a highly scalable Layer 1 blockchain that provides sharding as its infrastructure. The rewards-based digital health platform also plans to launch its token, Growfitter’s Utility Token (GFIT), as a reward to crypto customers on the NEAR protocol.
“Our aim is to foster the ideas of local entrepreneurs and developers with global opportunities. We aim to revolutionize the health and fitness industry in India and build a complete ecosystem in the preventive medicine sector. We are excited to join Growfitter, a platform that continues to grow exponentially with a focus. can be leveraged to gain a competitive advantage.” Aayush Gupta, Director, NEAR India.
Founded in 2016 by Sammati Pande When Harshit Cesey, Growfitter, is a rewards platform designed to motivate people to adopt an active and healthy lifestyle by encouraging physical activity with tangible financial benefits. The app accurately predicts whether a person is walking, running, riding a car, or riding a bicycle with a unique motion-sensing algorithm. The startup has over 25,000 paying subscribers and over 400,000 monthly website visitors. Growfitter has over 100 of his D2C brands participating and has redeemed over $6 million worth of rewards since its inception.
“Growfitter has launched an ecosystem that enables brands to engage with their customers in loyalty programs using Growfitter’s Utility Token (GFIT) and the smart contracts that support it. , to revolutionize consumer engagement and loyalty models. Growfitter token holders will be able to redeem their tokens for products from over 100 Sponsored Brand Partners.” Sammaty Pande, CEO, Growfitter.
Growfitter now works with brands such as Amazon, boAt, Myntra, Byju’s, Puma, Tata Cliq, P&G, Hyperice, EaseMyTrip, PharmEasy, Airtel, AJIO, MyGlamm, HealthifyMe to offer Web2-based lucrative incentives to users doing. We partner with gyms and fitness centers to help people track their activity and earn incentives. The startup has also signed his MoU with Aditya Birla Health Insurance and Raheja QBE as an authorized group insurance partner.
“Our focus is on enabling entrepreneurs like Sanmati and Harshit to migrate and grow on Web3. We will continue to champion and nurture innovative projects like this,” he added. Yash Kanchan, Director of NEAR India.
Glow Fitter was featured on a Sony TV program shark tank india And he got a deal on the show from Aman Gupta, co-founder and CMO of boAt, one of the sharks. The startup has raised a total of $1.5 million in funding to date.
“We invested in Growfitter because we felt the app could create social change and make people feel empowered and motivated to improve their health through rewards. Growfitter is on the right track to move through the learning curve to Web 3. It is essential to future-proofing your business and your clients, but most importantly is essential to making the world a healthy place.” Aman Guptaco-founder and CMO of boAt.