Episode description

In this episode of Open For Business, we delve into the story of Katch, a platform aiming to simplify the health, fitness, and wellness industries by integrating booking management and other backend processes with platform services (think ClassPass), and marketing. We explore how Katch is trying to address the sector's challenges like improving visibility, reducing high commission fees, and unifying fragmented management systems, aiming to carve a niche in a market dominated by giants like ClassPass.

Joining us are co-founders Lee Cheng Yun and Brendan Siew, who will share insights on Katch's inception, its growth, and the strategies they believe will allow them to compete with established industry players.

In this conversation, you’ll learn:

- Why Lee Cheng Yun and Brendan Siew ventured into the health and fitness sector and the gaps they aim to fill with Katch's innovative solutions.

- The evolution of Katch from its early days to its current operations, including how they have tackled initial challenges and plans to sustain growth.

- How Katch differentiates itself from competitors like ClassPass through its integration of other technologies such as POS systems, booking management, and more

- Katch's business model and how it plans to achieve ambitious targets, including acquiring 400,000 users and hitting RM21 million in revenue by 2025.

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