# PepKit Media Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pepkit-media-pvt

- Industry: Travel & Leisure
- Headquarters: India
- Website: www.stepsetgo.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Sep 23, 2022)
- Investors on record: 7

## About

PepKit Media Pvt. Ltd. operates a fitness platform that motivates users to engage in physical activity by rewarding them with SSG Coins for their steps, enhancing user participation and health engagement.Established in 2018, PepKit Media Pvt. Ltd. is a fitness technology company based in India that focuses on promoting active lifestyles through its unique platform. The founders Abhay Pai, Misaal Turakhia, and Shivjeet Ghatge have experience in various industries, with Shivjeet Ghatge currently serving as the CEO. The company has successfully raised INR 33.54 million in Seed funding from Artha Venture Partners in September 2022, bringing the total amount raised to INR 33.54 million, with a current valuation of INR 355.211 million.StepSetGo offers a fitness platform that incentivizes users to participate in physical activities by allowing them to earn SSG Coins for every 1,000 steps taken. The application tracks various metrics such as daily steps, distance, and calories burned, enabling users to redeem their earned coins for rewards in the in-app 'Bazaar', catering to fitness enthusiasts and casual users alike.In the year 2023, StepSetGo reported a revenue of INR 430,182.20, while EBITDA for the same year was INR -697,973.40, indicating the company's focus on growth and user acquisition rather than immediate profitability.Following the recent Seed funding of INR 33.54 million raised in September 2022, PepKit Media Pvt. Ltd. aims to expand its product offerings and enhance user engagement strategies. The company is currently working on new features aimed at increasing user retention and plans to explore expansion into additional markets in Asia and Europe by 2024. The funds will be utilized to support these initiatives, enhancing the platform's capabilities and outreach.

## Funding rounds

- Seed, Sep 23, 2022, $0.4M — Artha Venture Partners
- Seed, Dec 23, 2021, $0.7M — Seeders Venture Capital, XPanse Services LLP, Vistra ITCL, Dexter Ventures, BeyondSeed, Huddle Ventures

## Investors

- Seeders Venture Capital (https://capitalatlas.ai/funds/seeders-venture-capital) — Seed
- XPanse Services LLP — Seed
- Vistra ITCL — Seed
- Dexter Ventures (https://capitalatlas.ai/funds/dexter-ventures) — Seed
- BeyondSeed (https://capitalatlas.ai/funds/beyondseed) — Seed
- Huddle Ventures — Seed
- Artha Venture Partners (https://capitalatlas.ai/funds/artha-venture-partners) — Seed