Akshay Kumar invests undisclosed amount in GOQii

Bollywood superstar Akshay Kumar has invested an undisclosed amount in GOQii, as part of the home-grown wearable devices maker’s ongoing Series C funding round in which it is aiming to raise $50-$70 million.

Vishal Gondal, chief executive of GOQii, confirmed to ET that Kumar had come on board as an investor and strategic advisor, but declined to comment on its ongoing funding round citing confidentiality.

“We are extremely happy to have Akshay Kumar as part of our GOQii Family. He personifies the values that GOQii stands for and is a living example of what we advocate – Exercise, Eat healthy and rest well,” Gondal said in a written statement to ET. “GOQii is committed to making the world a healthy and happy place, with Akshay Kumar we will get there soon.”