BENGALURU: All Is Well, an AI-enabled integrated fitness tech platform, has raised $250k from Bharat Founders Fund and a group of prominent angel investors, including Shantanu Deshpande (Founder CEO Bombay Shaving Company), Abhishek Banerjee (Popular Bollywood Actor & Entrepreneur), Pradeep Parameswaran (RGM APAC Uber Mobility), Vijay Aggarwal (Ex-CTO BharatPe & Blinkit), Aarti Gill (Co-Founder Oziva), Sumit Jain (CEO Graphy and Co-Founder CommonFloor) and others.
All Is Well was started in October 2022 by IIT Roorkee alum Vaibhav Tandon and badminton player Aparna Popat. They saw a big gap in India where 4 million competitive and aspirational sportspersons underperform due to fitness issues, injuries, stress and their coaches not having access to sport-science expertise. The current fitness apps focus only on the health aspects (e.g. weight loss and sugar control), which are not the core requirements of these sportspersons, a media release said.
Vaibhav Tandon, CEO of All Is Well, said “Access to these sport-specific and personalized training techniques was once exclusive to the elite sportspersons. Through our team, which has trained champions like P.V. Sindhu, Saina Nehwal, Shreyas Iyer and Surya Kumar Yadav, we are scaling this expertise to a larger user base including the recreational sports community. We have a holistic team of pedigreed tech, sports and business thought leaders to make a unique performance-focused app.”
The funds are being utilized to encompass new sports and to integrate wearable technology into its existing AI-based digital product, further elevating its capabilities. They will also file international patents for some of its IPs in the coming months including All Is Well Fitness Score (AFS) which is an intuitive, 3D fitness score, like a CIBIL score, for comparing and tracking overall sport-specific fitness, the release said.
Commenting on the funding, Maanav Saagar, Partner Bharat Founders Fund said “Vaibhav and Aparna come with the right experience to build AIW. We believe that technology would play a huge role in enabling sports talent to realize their true potential. AIW’s approach of partnering with sports academies and integrating technology at a grass-root level paves the right path for them to build a product that can be used at scale.”
