SQUATS, India’s fastest growing Pune-based online fitness community has been selected for Y Combinator 2020, a US-based start-up accelerator which selects the most promising start-ups to fund from across the globe. SQUATS joins the ranks of RazorPay, Meesho, and Cleartax, some of the top companies from India that have joined the Y Combinator network so far.
Y Combinator is an American seed accelerator launched in March 2005 and was used to launch over 2,000 companies including Stripe, Airbnb, Cruise Automation, DoorDash, Coinbase, Instacart, and Dropbox. The combined valuation of the top YC companies was over $155 billion.
As part of the Y Combinator’s latest batch, SQUATS Founder Jitendra Chouksey will talk about his startup journey to the audience which would include most of the world’s leading startup investors and successful startup founders from across the globe. The online fitness community is the only company from Pune making it to the US-based startup accelerator’s top companies list.
Y Combinator provides seed funding for startups. Founders of each startup are invited to move to the Bay Area for the duration of their cycle. During this period, YC works intensively with them to help them realize their vision.
Speaking on being a part of the Y Combinator’s accelerator programme, Jitendra Chouksey, the Founder of SQUATS said, “It’s a privilege to be a part of this Y Combinator list. Accelerators like them dare to support some of the unconventional ideas and it is quite an enriching experience to simply be in the company of such individuals. I am confident that this will bring a lot of value to our platform in the form of opportunities and learning and will inspire more companies from India to apply for this programme.”
SQUATS was started in 2015 by Jitendra Chouksey as a WhatsApp group to offer fitness-related coaching. The platform ultimately envisions transforming the lives of 50 million people as they journey towards better health through diet and workouts.