Suneil Shetty backed startup SQUATS invests in app startup Fitato
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Pune-based and Bollywood star Suneil Shetty backed fitness startup SQUATS has invested a minority stake in app startup Fitato, however, the amount is not disclosed. Fitato allows users to access any gym of their choice across the city without paying hefty annual membership fees. The startup claims to be clocking 80% growth each quarter for the past 2 years & a 45% retention rate. SQUATS also has an app of its own called FITTR.