ENA Sectors 2024-05-24 15:06:47 <p><span style="font-size:14px"><strong>Hyderabad, May 24 (KNN)</strong> Portl, a city-based digital fitness and wellness technology company, has raised approximately Rs 25 crore (USD 3 million) in a pre-Series A funding round.</span></p> <p><span style="font-size:14px">The investment was led by Bharat Innovation Fund, with participation from existing investor Kalaari Capital and new investor T-Hub Foundation.</span></p> <p><span style="font-size:14px">According to the start-up, the capital infusion will be utilised to accelerate product development, expand into new markets, and enhance its cutting-edge artificial intelligence systems.</span></p> <p><span style="font-size:14px">Founded in March 2021 by Indraneel Gupta, Vishal Chandapeta, and Armaan Kandhari, Portl was incubated at T-Hub.</span></p> <p><span style="font-size:14px">The company has disrupted the fitness technology sector with its flagship offering, Portl Studio.</span></p> <p><span style="font-size:14px">This innovative product is a smart mirror equipped with a 43-inch 4K screen, embedded bio-sensors, HD cameras, and edge-AI processing capabilities, along with Wi-Fi and Bluetooth connectivity.</span></p> <p><span style="font-size:14px">The start-ups proprietary technology leverages advanced sensors and artificial intelligence to track users' movements and provide real-time feedback and coaching.</span></p> <p><span style="font-size:14px">With this successful funding round, Portl plans to further enhance its product offerings, expand its reach to new markets, and continue to push the boundaries of digital fitness innovation.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 37924 https://knnindia.co.in/news/newsdetails/sectors/digital-fitness-start-up-portl-secures-usd-3-mn-in-pre-series-a-funding 2024-05-24 15:06:47 knnindia.co.in