Hinduja family acquired stake in sports startup UACTIV - Startup news, funding, investment, entrepreneurs, earn money, technology etc


Post Top Ad

Sunday, May 7, 2017

Hinduja family acquired stake in sports startup UACTIV

Hinduja family has acquired a stake in UACTIV.com, a social networking and discovery platform for sports and fitness enthusiasts. The startup said half of the money would go into strengthening technology at UACTIV, while 30% would be spent in marketing and the rest towards operational expenses.

Also read: Sachin Tendulkar backed Smartron to raise Rs 250 crore for expansion

UACTIV is a mobile app that facilitates meet-ups between users for games, events, classes and other fitness activities organised by professionals, studios and communities. It has partnered with health and wellness brands like RAW Pressery, AZANI, LiveYourSport and Dr Vaidya’s and organises 3-4 open-to-all sport and fitness events every month.

The app is currently active in Mumbai and has around 3,000 users. UACTIV is looking at expanding to places like New Delhi, Gurgaon and Pune, and will consider testing the response in Hyderabad and Chennai.

No comments:

Post a Comment

Post Top Ad