Portl, a fitness startup, secures $3 million in funding from Bharat Innovation Fund, Kalaari Capital, and T-Hub Foundation – SME News

Portl, a fitness and wellness startup, has secured a $3 million funding round led by Bharat Innovation Fund, with participation from Kalaari Capital and T-Hub Foundation. The company, founded in March 2021 by Indraneel Gupta, Vishal Chandapeta, and Aramaan Kandhari, offers an interactive fitness screen with a high-resolution multi-touch LCD display that enables real-time form correction and customized workouts.

The funding will be used to accelerate product development, expand into the market, and enhance its AI systems. Portl’s Founder and CEO, Indraneel Gupta, expressed excitement about integrating advanced AI and innovative hardware to empower individuals to achieve their wellness goals seamlessly.

The company’s proprietary AI personalization engine provides users with customized workout plans that adapt to their fitness levels, daily performance, and preferences in real-time. Ashwin Raguraman, Founding Partner at Bharat Innovation Fund, highlighted the potential of Portl’s advanced AI technology in the home fitness segment.

With India’s health and fitness market expected to grow significantly in the coming years, Vamshi Reddy, Partner at Kalaari Capital, emphasized Portl’s innovative approach and commitment to excellence. The company is poised to become a market leader in the rapidly evolving health and fitness space.

The funding round reflects investors’ confidence in Portl’s vision and potential to revolutionize the fitness industry with cutting-edge technology and personalized experiences. Subscribe to Financial Express SME (FE Aspire) newsletter for more updates from the world of micro, small, and medium enterprises.