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Gymate streamlining Gym’s Operations and
Empowering Its Customer’s With Health Analytics
Integrated Health Care Analytics
Steve Jobs’ Last Words - What is the most expensive
bed in the world? - "Sick bed" … You can employ
someone to drive the car for you, make money for you
but you cannot have someone to bear the sickness for
you. Material things lost can be found. But there is one
thing that can never be found when it is lost – "Life".
When a person goes into the operating room, he will
realize that there is one book that he has yet to finish
reading – "Book of Healthy Life".
Type of Business : B2B2C
Website : www.gymate.co.in
Contact Person : Prashant Dedhia
Email ID : prashant@gymate.co.in
Mobile : 7028464964
Stage : Growth
City : Bangalore
Prevent youth obesity, chronic
diseases, sports injuries
Assess, Analyze, Monitor
Anything, Anywhere
Manage all assessments
with a single software & app
Report and Communicate
Results Easily
Improve physical literacy, fitness,
health, performance
Easily Collect and
Centralize Data
Gymate streamlining Gym’s Operations and
Empowering Its Customer’s With Health Analytics
Integrated Health Care Analytics
Product / Service
Pain Point / Solution
- Unorganized health club management
- Gymate is helping clubs to organize the operations by providing software platform
- Lack of accurate diet chart based on vitamin deficiency analysis, No way to measure muscle quality index.
- Integration with vitastiq to create accurate diet chart, Using MQM accurate muscle quality can be arrived.
- Lack of analyzed workout information based on input data received from Hardware
- At Gymate we are digitizing the workout data using machine level integration through use of technology.
- Lack of motivation for fitness
- Motivating users by gamification and adding loyalty points for workout done
- There are many fitness bands available in market but the problem here is that data is in isolation.
- Gymate brings all apps under single umbrella making easy for user to track health data
- Present scenario fitness enthusiast workout in gym but they do not have any digital data in analyzed from to
take informed decision about workout routine
- Target Audience :
- This product / service is targeted to both B2B as well as B2C segment.
- Target audience age group is 18 – 35 and 35 – 50
- User Excitement :
- The users would be excited about our offering because of technology, integrated information and availability of
entire gamut of health and wellness stuff on single platform
Vitastiq Device Integration
Simple. Easy. Convenient.
Vitastiq is a user-friendly device that can be part of your
everyday routine: you can get vital information about your
vitamin and mineral levels anytime and anywhere. To get
started all you need is the Vitastiq device, the Vitastats
smartphone app and a little bit of time.
Fit lifestyle really matters
Vitastiq is a new and innovative device that provides
insight into your vitamin and mineral status. It
offers personalized advice related to vitality through the
right choice of nutrients.
Noninvasive. Safe. Harmless.
Vitastiq is a single innovative concept that connects tested
and proven EAV methodology to your smartphone and
gives you easy access to check your vitamin and mineral
status.
Muscle Quality Measure Device (MQM)
MQM changes how fitness is measured. Our users are
empowered to train smarter by knowing which muscles to
focus on, stay motivated with precise tracking, and know when
they are losing fat and gaining muscle. MQM’s innovative
technology provides metrics that enables users to measure
what matters most and achieve their fitness goals sooner.
Let Your Muscles Speak for Themselves
MQM provides metrics for up to 24
muscles individually, and tracks total
body fat and total muscle quality (MQ).
View a ‘heat map’ of your fitness on the
app, to see your strongest muscles and
those that need work.
The smart way to measure.
Muscle Quality (MQ) is a rating
of your muscles’ fitness. A high
MQ score means a lean, strong,
and fit muscle. Define your
progress by defining your
muscles.
Prashant Dedhia Chandra Bachu Gaurav Pareek
Founder – Sales & Marketing Founder – Business Intelligence Founder –Technology
B.com, CA PE II M.S., M.B.A, B.Tech B.E. Mechanical
Experience – 13 years Experience – 20 years Experience – 5 years
UI & UX Expert Analytics Expert Tech Geek
Meet the trio – Experts who designed Gymate
Parag Mhetre Sucheta Pal Pranav Mandlekar
Founder – EKFAAcademy Founder – Zumba Academy Calisthenics Expert and Coach
International KettlebellAthlete Zumba Education Specialist International CertifiedTherapist
Experience – 7 years Experience – 8 years Experience – 5 years
Kettlebell Champion Zumba MasterTrainer Calisthenics Expert
Fitness Experts on BoardFitness Experts on Board
Experts are from engineering background but fitness is their passion
Market Size and Target for Next 24 Months
US Market
- Number of Clubs – 34,460
- Number of Health Club Members 54.1 Million
- Health Club Industry Revenues in 2014 $ 24.2 Billion
Global Market Size
- No of Health ClubsWorldWide in 70 Markets – 183,900
- No of Health Club MembersWorldwide – 144.7 Million
- Total Global Industry Revenue – $ 84 Billion
Data source :- IHRSA and Leisuredb
UK Market
- Number of Clubs – 6312
- Number of Health Club Members 8.8 Million
- Health Club Industry Revenues in 2014 4.3 Billion
(Pound)
Business Model
Business Model B2B
- Subscription fees for use of Gymate software
- Subscription fees for user of E-dietitian platform
- Subscription fees for use of Salon & Spa software
- Premium listing fees on fitness market plus
- Promotional campaigns among the app user base on chargeable basis
- Sale of supplements to Gyms
Business Model B2C
- Subscription for E-dietitian service
- Fees per session for personal trainer booking services
- Sale of food supplements – Ecommerce
- Sale of diet food / salad based on diet recommended
- Ultimate goal is to become one stop solution for all fitness and wellness related requirement on B2B as
well as B2C segment
Target for Next 24 Months
Over allTarget for next 24 months
- Focus on penetrating into US, UK and UAE health club market
- Improvise mobile app and make it more intelligent for users
- Create platform for delivering online Dietian Services to individuals
- Create market place for health clubs and fitness professionals
Target for next 3-6 months
- Design and launch Spa and Salon
management software with mobile app
- Launch system integratedVitastiq and
MQM solution
- Integration with BMI machine
Target for next 6-12 months
- Penetrate in Asia, Europe and USA Health and Wellness
market
- Increase the User app download and retain users
- Launch of E-dietitian Services & E-commerce Platform
- Integration with all Fitness bands
Target for next 24-48 months
- To achieve large user base for mobile app (B2C)
- To become preferred software partner for all
gyms globally
- Launch of E-dietitian Services
- Integration with all Fitness bands
Financial Projections
Over all funding requirement
Total funding required INR 6.5 crore over the period of 2 years
- We need to spend min INR 1400 – 1700 K p.m. to cover our next 2 years goal.
- Post funding within one year we can touch sales of INR 6 crore from B2B Gyms software sales. Ecommerce sale
would be an additional revenue stream.
- Post funding we plan to take over small software players in India and abroad to create brand
- Gross margin 71 % and Net bottom line of 56%
- Present monthly burn rate is INR 180 K
- We will break even in Sep 2016. As of now we broke even on monthly inflow outflow basis from April 2016
- Present team size is 12 people including 3 founders.
- We need team size of 67 people to achieve target
- Create market place for health clubs and fitness professionals
- Present customer base is 33 gyms spread in India as well as Abroad.
- In next 6 monthsTalwalkar's (India’s biggest gym chain) is planning to migrate to gymate.
- Till now we have pumped in INR 22 lac of own funds in approx. 1 years time
- Detailed projections are available
Competitive Landscape
Major Competition B2B Team Size
Approx no of
Client
AvgTicket
Size in $ p.a.
Approx.
Annual
Business in $
Managemyspa (zenoti) 120 4980 200 996,000
Mindbodyonline 80 50000 1500 750,00,000
FitnessForce 40 1300 90 117,000
Why we would be preferred over competition & why we would be a dominant player :-
- Hardware level integration for workout and diet data capture, Intelligent mobile app
- Analysis of workout and diet data by system, Gamification and competition between users (motivate users)
- Provide user with inputs based on machine learning
- PredictiveAnalytic and Health Care Algorithm
- End to End solution, Single Platform, Support, Multi lingual
- Continuous system update at regular intervals
- Exclusive partnership withVitastiq and Muscle Quality Measure Device
- We are the only company to cater fitness and wellness
- We would the only player to add fitness market place
- We would be the only plater to have database of fitness professionals (LinkedIn for fitness pro)
Milestones
Jan - 2015
• Started with
Survey of Fitness
Industry &
Gymate was Born
Mar - 2015
• Initiated Database
& UI Design for
Gymate
Sep - 2015
• Launched Beta of
Gymate in Market
for Feedback
Oct-2015
• Signed up 1st
Customer from
India
Dec - 2015
• International
Client from
Russia & Dubai
Feb -2016
• Fitness
Enthusiast
Mobile App
Designing
Mar - 2016
• R&D onVitastats
& MQM Started
Mar - 2016
• Launched
Android Mobile
App - Beta
Apr -2016
• Started working
on design of
Salon & SPA
software
Contact Us :-
Corporate Office
E-157, Manyata
Residency, Manyata
Embassy Business Park,
Nagawara,
Bangalore – 560045
Karnataka, INDIA
US Office
396 Ano Nue vo Ave,
#401 Sunnyvale,
CA 94085 USA
+ 1 347 318 4482
Sales
India
+ 91 97842 66896
+ 91 70284 64964
sales@gymate.co.in
Support
+91 9874266896
support@gymate.co.in
Gymate has global presence in
INDIA | UAE | SINGAPORE | MALAYSIA | PHILLIPINES
USA | UK | RUSSIA | SOUTHAFRICA | GERMANY | ITALY | SPAIN
www.gymate.co.in

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Gymate Empowering Gyms and Customers With Integrated Health Analytics

  • 1. Gymate streamlining Gym’s Operations and Empowering Its Customer’s With Health Analytics Integrated Health Care Analytics Steve Jobs’ Last Words - What is the most expensive bed in the world? - "Sick bed" … You can employ someone to drive the car for you, make money for you but you cannot have someone to bear the sickness for you. Material things lost can be found. But there is one thing that can never be found when it is lost – "Life". When a person goes into the operating room, he will realize that there is one book that he has yet to finish reading – "Book of Healthy Life". Type of Business : B2B2C Website : www.gymate.co.in Contact Person : Prashant Dedhia Email ID : prashant@gymate.co.in Mobile : 7028464964 Stage : Growth City : Bangalore
  • 2. Prevent youth obesity, chronic diseases, sports injuries Assess, Analyze, Monitor Anything, Anywhere Manage all assessments with a single software & app Report and Communicate Results Easily Improve physical literacy, fitness, health, performance Easily Collect and Centralize Data Gymate streamlining Gym’s Operations and Empowering Its Customer’s With Health Analytics Integrated Health Care Analytics
  • 3. Product / Service Pain Point / Solution - Unorganized health club management - Gymate is helping clubs to organize the operations by providing software platform - Lack of accurate diet chart based on vitamin deficiency analysis, No way to measure muscle quality index. - Integration with vitastiq to create accurate diet chart, Using MQM accurate muscle quality can be arrived. - Lack of analyzed workout information based on input data received from Hardware - At Gymate we are digitizing the workout data using machine level integration through use of technology. - Lack of motivation for fitness - Motivating users by gamification and adding loyalty points for workout done - There are many fitness bands available in market but the problem here is that data is in isolation. - Gymate brings all apps under single umbrella making easy for user to track health data - Present scenario fitness enthusiast workout in gym but they do not have any digital data in analyzed from to take informed decision about workout routine - Target Audience : - This product / service is targeted to both B2B as well as B2C segment. - Target audience age group is 18 – 35 and 35 – 50 - User Excitement : - The users would be excited about our offering because of technology, integrated information and availability of entire gamut of health and wellness stuff on single platform
  • 4. Vitastiq Device Integration Simple. Easy. Convenient. Vitastiq is a user-friendly device that can be part of your everyday routine: you can get vital information about your vitamin and mineral levels anytime and anywhere. To get started all you need is the Vitastiq device, the Vitastats smartphone app and a little bit of time. Fit lifestyle really matters Vitastiq is a new and innovative device that provides insight into your vitamin and mineral status. It offers personalized advice related to vitality through the right choice of nutrients. Noninvasive. Safe. Harmless. Vitastiq is a single innovative concept that connects tested and proven EAV methodology to your smartphone and gives you easy access to check your vitamin and mineral status.
  • 5. Muscle Quality Measure Device (MQM) MQM changes how fitness is measured. Our users are empowered to train smarter by knowing which muscles to focus on, stay motivated with precise tracking, and know when they are losing fat and gaining muscle. MQM’s innovative technology provides metrics that enables users to measure what matters most and achieve their fitness goals sooner. Let Your Muscles Speak for Themselves MQM provides metrics for up to 24 muscles individually, and tracks total body fat and total muscle quality (MQ). View a ‘heat map’ of your fitness on the app, to see your strongest muscles and those that need work. The smart way to measure. Muscle Quality (MQ) is a rating of your muscles’ fitness. A high MQ score means a lean, strong, and fit muscle. Define your progress by defining your muscles.
  • 6. Prashant Dedhia Chandra Bachu Gaurav Pareek Founder – Sales & Marketing Founder – Business Intelligence Founder –Technology B.com, CA PE II M.S., M.B.A, B.Tech B.E. Mechanical Experience – 13 years Experience – 20 years Experience – 5 years UI & UX Expert Analytics Expert Tech Geek Meet the trio – Experts who designed Gymate
  • 7. Parag Mhetre Sucheta Pal Pranav Mandlekar Founder – EKFAAcademy Founder – Zumba Academy Calisthenics Expert and Coach International KettlebellAthlete Zumba Education Specialist International CertifiedTherapist Experience – 7 years Experience – 8 years Experience – 5 years Kettlebell Champion Zumba MasterTrainer Calisthenics Expert Fitness Experts on BoardFitness Experts on Board Experts are from engineering background but fitness is their passion
  • 8. Market Size and Target for Next 24 Months US Market - Number of Clubs – 34,460 - Number of Health Club Members 54.1 Million - Health Club Industry Revenues in 2014 $ 24.2 Billion Global Market Size - No of Health ClubsWorldWide in 70 Markets – 183,900 - No of Health Club MembersWorldwide – 144.7 Million - Total Global Industry Revenue – $ 84 Billion Data source :- IHRSA and Leisuredb UK Market - Number of Clubs – 6312 - Number of Health Club Members 8.8 Million - Health Club Industry Revenues in 2014 4.3 Billion (Pound)
  • 9. Business Model Business Model B2B - Subscription fees for use of Gymate software - Subscription fees for user of E-dietitian platform - Subscription fees for use of Salon & Spa software - Premium listing fees on fitness market plus - Promotional campaigns among the app user base on chargeable basis - Sale of supplements to Gyms Business Model B2C - Subscription for E-dietitian service - Fees per session for personal trainer booking services - Sale of food supplements – Ecommerce - Sale of diet food / salad based on diet recommended - Ultimate goal is to become one stop solution for all fitness and wellness related requirement on B2B as well as B2C segment
  • 10. Target for Next 24 Months Over allTarget for next 24 months - Focus on penetrating into US, UK and UAE health club market - Improvise mobile app and make it more intelligent for users - Create platform for delivering online Dietian Services to individuals - Create market place for health clubs and fitness professionals Target for next 3-6 months - Design and launch Spa and Salon management software with mobile app - Launch system integratedVitastiq and MQM solution - Integration with BMI machine Target for next 6-12 months - Penetrate in Asia, Europe and USA Health and Wellness market - Increase the User app download and retain users - Launch of E-dietitian Services & E-commerce Platform - Integration with all Fitness bands Target for next 24-48 months - To achieve large user base for mobile app (B2C) - To become preferred software partner for all gyms globally - Launch of E-dietitian Services - Integration with all Fitness bands
  • 11. Financial Projections Over all funding requirement Total funding required INR 6.5 crore over the period of 2 years - We need to spend min INR 1400 – 1700 K p.m. to cover our next 2 years goal. - Post funding within one year we can touch sales of INR 6 crore from B2B Gyms software sales. Ecommerce sale would be an additional revenue stream. - Post funding we plan to take over small software players in India and abroad to create brand - Gross margin 71 % and Net bottom line of 56% - Present monthly burn rate is INR 180 K - We will break even in Sep 2016. As of now we broke even on monthly inflow outflow basis from April 2016 - Present team size is 12 people including 3 founders. - We need team size of 67 people to achieve target - Create market place for health clubs and fitness professionals - Present customer base is 33 gyms spread in India as well as Abroad. - In next 6 monthsTalwalkar's (India’s biggest gym chain) is planning to migrate to gymate. - Till now we have pumped in INR 22 lac of own funds in approx. 1 years time - Detailed projections are available
  • 12. Competitive Landscape Major Competition B2B Team Size Approx no of Client AvgTicket Size in $ p.a. Approx. Annual Business in $ Managemyspa (zenoti) 120 4980 200 996,000 Mindbodyonline 80 50000 1500 750,00,000 FitnessForce 40 1300 90 117,000 Why we would be preferred over competition & why we would be a dominant player :- - Hardware level integration for workout and diet data capture, Intelligent mobile app - Analysis of workout and diet data by system, Gamification and competition between users (motivate users) - Provide user with inputs based on machine learning - PredictiveAnalytic and Health Care Algorithm - End to End solution, Single Platform, Support, Multi lingual - Continuous system update at regular intervals - Exclusive partnership withVitastiq and Muscle Quality Measure Device - We are the only company to cater fitness and wellness - We would the only player to add fitness market place - We would be the only plater to have database of fitness professionals (LinkedIn for fitness pro)
  • 13. Milestones Jan - 2015 • Started with Survey of Fitness Industry & Gymate was Born Mar - 2015 • Initiated Database & UI Design for Gymate Sep - 2015 • Launched Beta of Gymate in Market for Feedback Oct-2015 • Signed up 1st Customer from India Dec - 2015 • International Client from Russia & Dubai Feb -2016 • Fitness Enthusiast Mobile App Designing Mar - 2016 • R&D onVitastats & MQM Started Mar - 2016 • Launched Android Mobile App - Beta Apr -2016 • Started working on design of Salon & SPA software
  • 14. Contact Us :- Corporate Office E-157, Manyata Residency, Manyata Embassy Business Park, Nagawara, Bangalore – 560045 Karnataka, INDIA US Office 396 Ano Nue vo Ave, #401 Sunnyvale, CA 94085 USA + 1 347 318 4482 Sales India + 91 97842 66896 + 91 70284 64964 sales@gymate.co.in Support +91 9874266896 support@gymate.co.in Gymate has global presence in INDIA | UAE | SINGAPORE | MALAYSIA | PHILLIPINES USA | UK | RUSSIA | SOUTHAFRICA | GERMANY | ITALY | SPAIN www.gymate.co.in