
Sharks Invested
Product Details
Entrepreneur Background
Sanmati Pande (Co-founder & CEO) carries one of Season 1's most internationally credentialled financial qualifications — simultaneously holding CA, CPA (Australia), and ACMA (UK) along with an MBA. These qualifications represent mastery of financial accounting, management accounting, and business strategy across three jurisdictions — giving her the precise analytical framework to build and price a business model that depends on accurately calculating reward redemption costs, insurance commission margins, and subscriber lifetime value. Harshit Sethy (Co-founder & CTO) is the technology architecture lead — builder of the proprietary motion-sensing algorithm that distinguishes between walking, running, cycling, and vehicle travel (preventing users from gaming the system by driving while the app registers "steps").
The Product / Service
GrowFitter is India's largest incentivised fitness and wellness platform — a mobile app that tracks users' physical activities (walking, running, cycling) using a proprietary fraud-resistant motion-sensing algorithm, rewards them with points redeemable for prizes from 100+ brand partners (including boAt, Amazon Pay, Netflix, Spotify, Puma, Jockey, Myntra, and more), offers monthly subscription-based health insurance, and enables brands to run sponsored fitness challenges — creating a flywheel where brands fund user rewards, users become healthier and more engaged, and the platform scales both user acquisition and brand revenue simultaneously.