Health and Fitness Company CureFit Raised $120M in Series C

curefitCureFit, an Indian health and fitness company, raised $120m in Series C funding.

Backers included existing investors IDG Ventures, Accel Partners and Kalaari Capital, with participation from Chiratae Ventures and Oaktree Capital.

The company, which has raised $170m in total funding to date, intends to use the funds for ramping up its technology platform, brand building and for geographical expansion of its four flagship products: Cult.fit, Eat.Fit, Mind.Fit and Care.fit.

Launched in 2016 and led by Mukesh Bansal and Ankit Nagori, CureFit is a health & fitness company currently present in Bengaluru, Delhi-NCR and Hyderabad that empowers physical & mental well being via workouts, daily food, mental fitness, yoga & meditation, and medical & lifestyle care.
Its services include:
– Cult.fit, which operates offline centres offering equipment-less workout solutions, including strength and conditioning, spinning, boxing, mixed martial arts, zumba and yoga;
– Eat.fit, a subscription-based food delivery vertical,
– Mind.fit, which focuses on yoga and meditation, and
– Care.fit, which offers a digital platform for doctors and health checkups.

FinSMEs

03/08/2018

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