Looks to Expand in More Locations, Invest in Technology That Disrupts the Fitness Studio Experience
PedalBeat - a unit of Spin Fitness Private Limited has raised an angel investment to fuel their expansion plans and investments in technology and people. The amount and terms were not disclosed.
(Logo: http://mma.prnewswire.com/media/455772/PRNE_PedalBeat_Logo.jpg )
PedalBeat is soon expanding in Bangalore and Hyderabad in addition to adding more studios in Chennai. It currently operates in Chennai and Coimbatore. The angel investors bring not just capital but more significantly access to senior mentors with passion for fitness and a proven track record in scaling up businesses.
Mukund Rangarajan, CEO PedalBeat said, "We are excited about raising money at this early stage. It gives us the ability to rapidly scale up and establish presence in key locations in South India in line with our expansion plans. Technology in fitness is a huge game changer and we are pleased that we are now able to offer live Heart Rate monitoring to our patrons. This really pushes people to get the best results from their cardio workout at PedalBeat."
About PedalBeat
PedalBeat was founded in early 2016, with their first studio set up at C.P. Ramaswamy Road, Alwarpet. Inspired by the success of spinning in the international markets such as USA and UK and encouraged by the growing fitness space in India, PedalBeat offers a great new exercise routine for people of all ages and fitness levels.
The founding team of PedalBeat comprising passionate runners, cyclists and golfers have put together a unique format and world-class user experience in-studio. The founders are Atul Jagadish, Sowmya Arjun, Mukund Rangarajan and Pavithra Charan.
More details can be found on their website www.pedalbeat.in.
Our story: http://pedalbeat.in/our-story/
What is indoor cycling: http://pedalbeat.in/indoor-cycling/
Customer testimonials: http://pedalbeat.in/testimonial/
Contact us: http://pedalbeat.in/contact-pedalbeat/
Media Contact:
Mukund Rangarajan
[email protected]
+91-9789062290
Spin Fitness Private Limited
