Columns

D 2C health and fitness start-up Boldfit onboards cricketer KL Rahul as real estate investor aim ats Rs 500 crore income through FY26, ET Retail

.New Delhi: Boldfit, a direct-to-consumer (D2C) fitness label has actually onboarded Indian cricketer KL Rahul as a company ambassador and also an entrepreneur in the business, it provided ETRetail.Without disclosing the particular portion of risk the cricketer has actually taken, the provider said it is actually a substantial and also key investment.This collaboration intends to leverage KL's astounding recognition, particularly among young people as well as health and fitness fanatics, to broaden Boldfit's reach into low compertition markets and demographics across India.Sharing concerning the company's development programs, Pallav Bihani, owner and CEO of the business claimed, "Our team are going all-in on growing our activewear as well as shoes types, which are actually readied to redefine the physical fitness market. These sectors are our future growth engines." Currently, exercise and doing yoga devices steer the majority of Boldfit's sales, Bihani shared.In the 2022-23, the D2C label achieved an income of Rs 73 crore. Along with key efforts and also this relationship, the label aims to get to a revenue of Rs five hundred crore through FY26. Founded in 2018, it currently provides over 1 crore clients yearly and intends to extend this scope to 5 crore using this partnership. Likewise, it is enhancing its own supply establishment commercial infrastructure to make certain fast shipment as well as steady product availability.Looking onward, the D2C startup counts on a spurt in on-line traffic, social media sites engagement, and also much higher sales around our front runner categories.
Released On Aug 1, 2024 at 10:46 PM IST.




Participate in the community of 2M+ sector professionals.Sign up for our email list to get most current understandings &amp review.


Download ETRetail App.Get Realtime updates.Spare your preferred articles.


Scan to install App.