# Portl

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/portl

- Industry: Consumer Products
- Headquarters: Hyderabad, India
- Website: www.portl.co
- Total disclosed funding: $3.8M
- Latest round: Series A (Nov 3, 2023)
- Investors on record: 3

## About

Founded in 2020 and based in Telangana, India, Rainvi Technologies Pvt. Ltd., doing business as Portl, is a fitness and wellness technology company that offers fitness products. The company was founded by its CEO, Indraneel Gupta, CTO, Vishal Chandapeta, and COO, Armaan Kandhari. In May 2024, Portl Technologies Inc. raised USD 3 million in pre-Series A funding led by the Bharat Innovation Fund, T-Hub Hyderabad, and Kalaari Capital.

Portl offers a touchscreen display that provides on-demand and live fitness classes with personalized workout recommendations. The company provides a smart home fitness system called Portl Studio, which is a large touchscreen display (43") that functions as an interactive personal trainer. The firm sells its products online.

The company plans to use the funds raised in May 2024 to accelerate its product development, market expansion, and enhancement of its AI systems.

## Funding rounds

- Series A, Nov 3, 2023, $2.8M — Kalaari Capital, T-Hub Hyderabad, Bharat Innovation Fund
- Seed, Jun 18, 2021, $1M — Kalaari Capital

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Seed, Series A
- T-Hub Hyderabad — Series A
- Bharat Innovation Fund (https://capitalatlas.ai/funds/bharat-innovation-fund) — Series A