Services

Mepack

SEASON 3 : Episode 32

BRAND

Mepack

COMPANY NAME

Mepack Fitness

FOUNDERS

Rishabh Ahuja, Rohan Raj

ORIGNAL ASK

7 lakhs for 10% equity at the valuation of Rs. 70 lakhs

DEAL

7 lakhs for 10% equity at the valuation of Rs. 70 lakhs

Mepack, the company, presents a personalized subscription plan tailored to individual preferences, offering a cost-effective solution for managing one’s schedule. Users have the autonomy to handpick their desired location from a range of options. They can delve into comprehensive details about each gym, assessing factors such as amenities, equipment, and trainer expertise. With a diverse selection of gyms available, users can select the one that aligns best with their fitness goals and preferences. Furthermore, Mepack allows users to customize their schedule according to their availability and lifestyle, ensuring a seamless and convenient fitness experience.

mepackfitness.com

Founders & their story

  • Rishabh Ahuja
  • Rohan Raj

Mepack offers a customizable gym subscription service through an online platform where customers can tailor their own memberships. With a selection of 75 listed gyms, individuals can explore top-rated options on the website, examining details such as location, available trainers, equipment, and other amenities. Pricing varies depending on the chosen gym, providing flexibility for customers. Vendor panels are provided to the gyms to manage their offerings effectively. The average subscription period spans 14 to 15 days. Launched in June 2023, Mepack has future plans to incorporate yoga and Zumba classes, expand service offerings to partnering gyms, and assist these facilities with trainer recruitment.

About the company

Mepack, a Fitness & Health-tech venture, was initiated by two individuals from Delhi in 2023 with the objective of rendering fitness accessible and affordable for fitness seekers. They devised an innovative solution to reconcile fitness routines with busy work schedules, offering a unique tech service. Mepack introduces “MEpack,” a personalized gym subscription pack, empowering individuals to determine the number of workout days and timings and pay accordingly. They identified a gap in the market and tailored a solution to address it.

For fitness centers, they believe that support can propel them to new heights. Hence, they provide tech and marketing support to enhance consumer experiences in every fitness centre or gym affiliated with Mepack Fitness. They noticed a significant market void where people struggled to fully utilize their gym subscription days due to hectic and dynamic schedules. Many fitness centre owners operated on outdated business models with minimal tech integration. Mepack aims to bridge this gap by facilitating seamless integration of technology and modernizing their operations.

Revenue

Lifetime sales amount to approximately 12,000 to 12,500 Rs, with a total investment of 75,000 Rs.

Founders’ Ask 

7 lakhs for 10% equity at the valuation of Rs. 70 lakhs.

Offers

Amit and Ritesh’s conditional offer: 7 lakhs for 10% equity at the valuation of Rs. 70 lakhs.

Final Deal

Amit and Ritesh: 7 lakhs for 10% equity at the valuation of Rs. 70 lakhs.

 

 

 

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