Insights from Business Leaders
Insights from Business Leaders
Reeta Sabhani, Founder
Exercise as a medicine is a trend that tells fitness industry leaders that people are interested in advancing their healthy lifestyle more than ever before. People all over are constantly improving how they work-out and attain their fitness goals through different mediums, methods, and technology. Similarly, Reeta Sabhani started her first fitness service in 2005 from home. Encouraged by the response, in 2006, she launched her signature brand Reeta's Revive to make a difference in the fitness movement of urban India. Her vision was to help homemakers regain their confidence by getting back in shape and being happy and healthy while still shouldering the family and domestic responsibilities. Further, Reeta has exclusively narrated a spectrum of aspects about herself and her firm with CEO Insights. Here are the excerpts!
A Mountain to Climb
By: Sujith Vasudevan, Managing Editor
Remember the times when ‘fitness through Mobile’ was a weird concept? Well those times have clearly changed. According to a report by mobile data and analytics provider App Annie, yester year saw about 71,000 new new fitness and health apps
Influencer Marketing: Every Brand's 'Must Have' Marketing Strategy
By: CEO Insights Team
Nearly a decade ago, no one would have believed that a common man can also become an influencer and promote a brand. Thanks to social media, the common man’s dream has
By: CEO Insights Team
Having crippled the backbone of millions of businesses, especially small & medium, in the past one year, pandemic is far from gone. And the impact is here to stay for long. Though the world is standing back on its feet, the pace is slow and
By: Ashma Zaveri, Chief Operating Officer, Monarch Global Access
With upward mobility of the urban middle-class and more income at disposal, Indian investors are increasingly looking to diversify their investment portfolio. Thus, equities have become a new favourite. Especially over the past year, a rising
By: Lakshmi Mittra, VP & Head, Clover Academy
The pandemic has caused CIOs to embed uncertainty and zero trust policies into their strategic IT design. This has led to the creation of a flexible and fluid IT model that could survive and adapt to such disruptions. Fluid IT model
By: Vinay Malhotra, Regional Group COO (South Asia, Middle East & North Africa and Americas), VFS Global
After months of being in lockdown with vacation plans on hold, the gradual resumption of international travel has easily become one of the most anticipated events for people across the globe. Several studies have shown that while
By: Alok Bansal, MD and Country Head India, Visionet Systems Inc
Artificial Intelligence (AI) is revolutionizing the Fintech industry profoundly. Fintech, as the term suggests, deals with the digital transformation of the finance sector. Advanced technologies can open new revenue streams and remodel business
By: Pravin Khandelwal, Managing Director, Pranay Care and Director, Leadership & Motivation, Risers Accelerator
They say that the punch that knocks you out isn't often the hardest one; it's the one that you don't see coming. Same has been the case the Covid-19 pandemic that has been rampaging around the
By: Dr. Harish Sharma, Executive Director (Smart City and Infrastructure Services), REPL
Target for India's future have been spelt out loud and clear. A US $5 trillion economy; Infrastructure Development; Housing & better living standards; Enhancing agriculture production and more other. The list has just begun. The Rural Indian is going
By: Manish Bhatia, President - Technology, Analytics and Capabilities, Lendingkart
During the dotcom boom from 1995 to 2000s, then commerce startups like Amazon, eBay, PayPal, were able to build businesses and scale them on an already available payment infrastructure. India is unique in that sense, where the financial and
10 Leaders in Gym & Fitness - 2021
Your fitness is 100 percent mental. Thus, your body won’t go where your mind doesn’t push it. Therefore, Fitness is like relationship. You can’t cheat and expect it work. Over the last few years, we have seen a massive increase in cognizance and consumption of preventive healthcare across all age groups and income levels. A great reflection of this is the 20 million unique monthly searches taking place on Google linked to ‘fitness near me’. The fitness industry too has evolved rapidly from its nascent unstructured beginning in the early 90s to a comprehensive ecosystem today including consumers, providers, adjacent industries, facilitators, and government.
According to industry studies of the Indian retail fitness services market, there are six million active users in India who are spending on an average $350-400 annually towards fitness services, amounting to $2.6 billion market size. The wellness market in India registered a growth rate of 18-20 percent during 2012, to touch a market size of $700 billion. In fact, by recognizing 'Wellness' as one of the priority sectors in its ‘Make in India’ campaign, the government has given impetus to the sector.
Owing to such fertile conditions, many fitness & wellness businesses are mushrooming with each passing day. As a result, the competition in this vertical has seen a hockey stick growth.
One of the high profile acquisitions was the acquisition of Cult Fitness by CureFit, a fitness health startup cofounded by former Flipkart senior executive Mukesh Bansal. Witnessing the mammoth opportunities this industry offers, many individuals, including fitness enthusiasts, celebrities and eminent sportspersons are foraying into this domain and have created a niche for themselves through innovative offerings.
In this issue of CEO Insights, we present to you a list of '10 Leaders in Gym & Fitness – 2021'. Crafted by a team of excellent CEOs, VCs, industry veterans and the CEO Insights editorial board, this archive recognizes individuals improving the lifestyles of people through efficient & effective fitness services. These individuals are well aware of the intricacies in service delivery and go that extra mile to not only promote fitness & wellness, but also make it accessible to all masses.
Our subscribers play a decisive role in finalization of our annual list of "10 Leaders in Gym & Fitness - 2021" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
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Akshay Verma,Co-Founder & Director | Fitpass | With his 13+ years of professional & entrepreneurial experience, Akshay contributes to smart fitness in 3500+ locations for gyms, yoga, pilates, zumba, kickboxing, crossfit, MMA, spinning, aerobics and more |
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Chow Siddhartha,MD | Siddhartha Yoga | His passion for yoga and mindfulness sciences led Chow to establish a premium institution across this arena which goes by the name Siddhartha Yoga, which is engaged in health, wellness & stress management programs, making a positive difference to the society |
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Faiz Sopariwala,Business Development Head | Plus Fitness | Faiz with his 10+ years of experience in FMCG, Banking & Fitness industry, he leads sales & retention, employee management, customer relationship and business development |
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Jagdish K. Valecha,Co-Founder & Chairman | Gold's Gym | Through his risk taking ability and quick decision-making skills, he specializes in evaluation of projects, planning the future course of action, and project implementation |
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Neha Motwani,Co-Founder | Fitternity | Neha incepted Fitternity eight years ago, prior to which she has worked with Axis Risk Consulting, HSBC and Aon Hewitt |
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Prabodh Davkhare,MD | Nitrro | A distinguished, young, energetic, and self-motivated entrepreneur, Prabodh formed Nitrro with passion & innovation for luxury & finesse |
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Reeta Sabhani, Founder | Reeta's Revive | Having a wide array of Fitness & Wellness certifications, Reeta ensures that all fitness related services one needs to achieve for health goals are available under one roof |
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Vikas Jain,MD | Anytime Fitness India | Vikas, with his skills in sales, business development & team management, is helping India towards achievement of a healthier nation |
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Vikram Aditya Bhatia,MD | Fitness First India | Vikram contributes to leadership, management & sales section of Fitness First India with proven achievements in fitness culture development |
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Dr. Vikram,Owner | Snap Fitness | A first-gen entrepreneur and dentist by profession contributing to fitness culture development with skills in business initiatives, strategy, relationship management and operations |
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