Gamifying Fitness - The genius of GOQii

Read how the simple yet genius idea of gamifying fitness pushed GOQii into success.

Pandemic has redefined the value of healthcare in the lives of many. A shift in perspective is seen in the masses who now prefer preventive healthcare over reactive healthcare. Active lifestyle and a healthy diet are the cornerstones of preventive healthcare. But many of us cannot follow this as we fall prey to laziness and busyness. Many of us often feel too lazy to exercise or are too busy with work to find time for exercise. 

Vishal Gondal had a solution to combat these two evil human nature. He previously created Indiagames which was subsequently purchased by Disney for $100 million. He decided to gamify the healthcare and fitness industry with his venture. In 2014, he started GOQii along with Abhishek Sharma, Sachin Janghel and Champ Alreja. 

They came out with a wearable fitness band that collects the vitals of the user and lends them expert advice to help them achieve their health and fitness goals. They added several gaming features to make the entire process of fitness fun and enjoyable. By being on track the user will receive ‘Hi-5’ feature from the coach. Fulfilling their goals helps them achieve Karma points which can then be converted into real money and be sent to a charity of the user’s choice. 

They have in total raised $52.6 million from notable names like Ratan Tata, Vijay Shekhar Sharma (Founder of Paytm) and Akshay Kumar. Other investors are Bennett Coleman & Co Ltd, Mitsui & Co, Trifecta Capital Advisors, DSG Consumer Partners Denlow Investment Trust and New Enterprise Associates (NEA). In 2016, GOQii partnered with Thyrocare and Max Healthcare to offer medical consultations to its users. 

The company is so successful that it features as a case study for the Harvard Business Publishing Platform. The only other Indian startups on the list are Paytm and Flipkart. This speaks volumes to the fact that despite not being a unicorn, GOQii and its simple idea of tackling healthcare made it a more suitable case study for Harvard. Is a simple yet genius twist to your venture the answer to being a successful startup?

Tags : #GOQii #VishalGondal #AbhishekSharma #SachinJanghel #ChampAlreja #fitness #fitnessstartup #preventivehealthcare #funding #success #RatanTaata #startup #MediSpeak #smitakumar #medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

What is Haemophilia: A Genetic Bleeding Disorder that has Affected 1,36,000 IndiansApril 19, 2024
Climate Change and Stroke Risk: Exploring the Impact of Temperature Fluctuations on Your Body April 19, 2024
The Extension and Benefits of ABHA Linking with CGHS Beneficiary ID: What You Need to KnowApril 19, 2024
Serum Institute of India Partners with Oxford University to Develop Meningitis-B VaccineApril 18, 2024
Ethical Concerns Arise: Nestlé Accused of Adding Sugar and Honey to Infant Formula and Breakfast Cereals in Low-Income CountriesApril 18, 2024
Empowering India's Youth: IG Drones & AASSC Launch Drone Skill Program, to Upskill 10M YouthApril 17, 2024
Autonomix Medical Inc. Covered in Benzinga Article Highlighting Innovative Nerve Treatment TechnologyApril 17, 2024
Top 5 online learning platform for learnersApril 17, 2024
Broad-Spectrum RNA Vaccine Breakthrough for Enhanced Virus ProtectionApril 17, 2024
The Impact of Excessive Internet Usage on School Absence: Finnish Study Reveals Key FindingsApril 17, 2024
Uncovering Delhi's Illegal Fertility Centre Operations: Insights from Recent Child Trafficking CasesApril 17, 2024
CarDekho's CSR Arm Girnar Foundation Hosts Health Check-up Camps for Underprivileged Children in Jaipur and GurugramApril 16, 2024
Atal Incubation Centre – Centre for Cellular and Molecular Biology (AIC-CCMB) signs agreement for placement of equipment with Thermo Fisher Scientific to help advance innovation in India April 16, 2024
AVEKSHA, four-day care centres, for the kids of industrial workers inauguratedApril 16, 2024
Nearly a third of the constituencies have zero women candidates in Phase 1 and 2 of LS Elections; reveals The Quantum Hub’s Factsheet April 16, 2024
Emergency Healthcare Provider Medulance Secures $3 Million Series A Funding Led by Alkemi Growth CapitalApril 16, 2024
The Healing Power of Natural Diversity: How Nature Boosts Mental HealthApril 16, 2024
Unveiling Cellular Recycling: How Nutrient-Starved Cells Adapt to Stressful ConditionsApril 16, 2024
Advancing Cancer Care: AIIMS Bhopal’s Workshop on Biomarker Interpretation in Breast CancerApril 15, 2024
10 Powerful Benefits to Diversify Healthcare Advertising ChannelsApril 15, 2024