Mobile health and fitness platform HealthifyMe announced a $12 million Series B round of funding led by Sistema Asia Fund, the India focused fund of Russia's largest Conglomerate. Silicon Valley-based Samsung NEXT, Singapore’s Atlas Asset Management and Japan’s Dream Incubator were the other participants in this round alongside existing investors IDG Ventures India, Inventus Capital, Blume Ventures and Dubai based NB Ventures.
HealthifyMe claims to have grown 3.5 times in 2017 to 4 million users, spread to 200+ cities, and is booking $4.5 million in ARR (Annualized Run Rate) revenue. With more than a million monthly active users, HealthifyMe enjoys