Akshay Kumar invests in GOQii as Kapil Dev bats for felony market WizCounsel
Actor Akshay Kumar and previous India cricket captain Kapil Dev have joined the growing listing of celebrities investing in startups.
Kumar has invested an undisclosed quantity in GOQii Inc. As part of the Series C funding spherical of the wearable health gadgets maker. He may also be GOQii’s brand ambassador, the California-based startup stated in a statement.
Founded in 2014 by way of Vishal Gondal, GOQii offers a virtual fitness and health subscription service that mixes one-on-one cell private training and health tracking era to help its customers shift to a healthier lifestyle, in step with facts on its website.
Separately, Dev led a Rs 1 crore ($a hundred forty-five,000) angel funding spherical in WizCounsel, a web market for freelance criminal, tax, and accounting experts.
Other participants in the round include Sunil Kumar Gupta, the founder and chairman of enterprise consulting firm SARC Associates, Manas Fuloria, the chief govt officer and founding father of facts generation consultancy firm Navarro, the startup said in a declaration.
WizCounsel operated with the aid of Blizzcraft Infotech Pvt. Ltd stated it’d use the price range for marketing and sales purposes and bolster its operations.
“People nevertheless search for professional offerings the manner they used to 15 years lower back and experts nonetheless broaden a business the identical way,” founder and CEO Ranu Gupta said, adding that the prison services enterprise wished enhancements in phrases of pace, comfort, and affordability.
Separately, Dev stated there was a need for a platform for felony offerings so that humans ought to have interaction with experts more optimistically.
Founded in advance this yr, WizCounsel helps people rent felony provider experts based on their desires and finances. The platform offers offerings inclusive of filing income taxes to outsourcing prison and accounting paintings. Gupta said the business enterprise’s vision is to create an open and less costly charge, jail, and compliance ecosystem.
The investment in WizCounsel comes around four months after felony-generation startup SpotDraft raised $1.Five million (around Rs 11 crore) in a pre-Series A spherical of financing led by assignment capital firm 021 Capital, that are sponsored via Flipkart co-founder Binny Bansal.
Gurugram-based SpotDraft offers era-based solutions for complicated felony dealings, including drafting, handling, and storing paperwork online, analyzing contracts, and automating invoices, besides sending reminders and advice on prison compliance.
Investments with the aid of celebrities
The stakes through Kumar and Dev are the contemporary examples of celebrities’ investment startups across sectors.
Earlier this month, Zorba Renaissance Pvt. Ltd, which operates the Sarva chain of yoga studios, raised over $four million (Rs 27 crore) from a snatch of man or woman buyers, including Bollywood actors Shahid Kapoor and Malaika Arora, and Hollywood singer-actor Jennifer Lopez.
Last month, actor Deepika Padukone invested in greek yogurt brand Epigamia even as actor and producer Suniel Shetty invested an undisclosed amount in Pune-based health and nutrition startup Squats.