Functional Fitness Major 'MultiFit' Announces India's First Gym Chain Driven Fitness Incubator Program
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Finally an incubator program that will focus not just on technology-driven ideas for the fitness industry but also on conventional businesses and business ideas across sports, fitness, wellness and nutrition
Has already commenced incubation of nutrition and sports-based businesses; Targets commercial launch of Fitness CRM, Fitsperts and MultiFit MMA Pro-Academy in Q1 2019
To be housed out of Bangalore and Pune
Commenting on the Incubator Program, Dr. Samir Kapoor, Founder & MD, MultiFit said: "The fitness business is changing extremely rapidly, driven not just by technology but by the fast-changing socio-economic landscape of the country. It is a known fact that over 400 million will be added to our urban population count over the next decade, over 75-80% of all mortality in the country will be driven by NCDs by 2020 and technology will enter a Machine Learning / AI dominated space, transforming and disrupting everything in the process. If we are not prepared for this change, we will be left way behind. Having said that, while we understand the business of fitness and wellness extremely well, we most definitely need to go the collaborative route for the rest."
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