Khosla Ventures-backed Healthify enters B2B biz, announces partnership with Swiggy

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Health and fitness platform Healthify, previously known as HealthifyMe, has entered the enterprise sector through partnerships with the food delivery app Swiggy.

The company is expanding its presence into several global markets, according to Tushar Vashisht, CEO and co-founder of Healthify, who spoke at the firm's annual event 'Ignite' in Bengaluru on December 12.

With the partnership with Swiggy, users can order meals from Swiggy through the Healthify app. "Our strategic partnership with Swiggy represemt significant milestone in making healthy eating accessible and actionable," Vashisht added.

This feature will be available to Healthify Smart users from December 15, the firm said. As part of its B2B foray, the firm is also planning to double down on corporate wellness programme and apps.

With the B2B foray along with global expansion, the company plans to clock an additional 15 percent revenue as against 5 percent currently.

"We work with multiple corporates like AWS, Amazon and HCL, we will be doubling down... Throughout our journey we felt B2B penetration in India was low, now that is changing and more corporates want to collaborate with us and we are going global which will aid more revenue," Vashisht added.

Healthify also announced the launch of integrated AI platform which has features like Snap which uses Image to Text AI tool to track calories with images.

The company also revealed a fresh brand identity, transitioning its name to Healthify at its annual event. The firm's conversational AI has advanced AI offering in multiple Indian and international languages.

Founded in 2012 by Vashisht and Mathew Cherian, Healthify delivers measurable results on eating habits, fitness, and weight by tracking lifestyle, providing access to diet and workout coaches and through its AI nutritionist.

In July 2021, the startup raised $75 million in a Series C round led by US-based LeapFrog and healthtech-focused venture capital firm Khosla Ventures. With this round, the company said it has raised a total $130 million till date.

In June of 2023, Healthify has raised $30 million in a pre-series D funding round led by LeapFrog Investments and Khosla Ventures,

The company has around 40 million cumulative users on its platform, and 250,000 of them are subscribers.

In FY22, the firm reported a revenue of Rs 185 crore and losses up to Rs 19 crore. The company will be clocking a revenue run rate of $40 million in FY24 and we will be profitable this year, Vashisht concluded.