Sistema Asia Fund and Samsung Next both invested in the nutrition and fitness app developer, which will use the funding to expand internationally.
Diversified conglomerate Sistema’s Asia Fund led a $12m series B round for India-based nutrition and fitness app developer HealthifyMe yesterday that included Samsung Next, part of electronics manufacturer Samsung.
The round also featured consulting and investment firm Dream Incubator, diversified holding company Nava Bharat Ventures, Atlas Asset Management, IDG Ventures India, Inventus Capital Partners and Blume Ventures.
Founded in 2012, HealthifyMe has created a mobile app with more than 4 million registered users, including 1 million monthly active users, that tracks…
