Columns

D 2C physical fitness startup Boldfit onboards cricketer KL Rahul as client targets Rs 500 crore income through FY26, ET Retail

.New Delhi: Boldfit, a direct-to-consumer (D2C) fitness company has actually onboarded Indian cricketer KL Rahul as a brand ambassador as well as a real estate investor in the company, it showed ETRetail.Without revealing the particular portion of risk the cricketer has taken, the firm mentioned it is actually a sizable and important investment.This cooperation strives to leverage KL's astounding attraction, especially amongst youth and fitness lovers, to expand Boldfit's reach into low compertition markets and also demographics around India.Sharing regarding the label's development strategies, Pallav Bihani, founder and CEO of the business said, "We are going all-in on growing our activewear as well as footwear types, which are actually set to redefine the fitness market. These portions are our future growth motors." Currently, fitness and also yoga add-ons drive most of Boldfit's purchases, Bihani shared.In the 2022-23, the D2C brand name accomplished a profits of Rs 73 crore. With key campaigns as well as this relationship, the brand name aims to connect with a profits of Rs 500 crore through FY26. Founded in 2018, it currently offers over 1 crore customers annually and also targets to grow this grasp to 5 crore through this relationship. Also, it is improving its own supply establishment facilities to ensure quick shipping and regular item availability.Looking onward, the D2C start-up anticipates a spurt in on the internet visitor traffic, social media sites involvement, as well as higher sales throughout our main types.
Released On Aug 1, 2024 at 10:46 PM IST.




Sign up with the neighborhood of 2M+ sector specialists.Sign up for our e-newsletter to obtain latest knowledge &amp study.


Install ETRetail App.Receive Realtime updates.Save your favorite posts.


Browse to install App.