Manipal invests in health tech startup Grow Fit
21-Jun-17, ET Healthworld
Health tech startup Grow Fit has raised USD4.5 mn in a series A funding round led by Manipal Education and Medical Group (MEMG). Existing seed investors including the SAR Group and the Grover Trust also participated in the round.
%20ET%20Healthworld.jpg "Manipal invests in health tech startup Grow Fit (c) ET Healthworld")
Image: ET Healthworld
The Bengaluru-based health tech startup was founded in 2015. Grow Fit offers customized dietary plans, packaged meals and nutrition advice to customers by gleaning behavioural and lifestyle data to achieve desired health goals.
A WHO and World Economic Forum report found that the rising costs of lifestyle disease burden on working Indians had grown threefold to USD54 bn in 2015, putting the spotlight on the numbers of Indians who are at risk of contracting lifestyle diseases.