Thursday, April 25

Tag: cure.fit

Cure.fit Acquires a Bengaluru-based Mental Health Platform
20Nov By Gauri SinghNo Comments
ACQUISITION

Cure.fit Acquires a Bengaluru-based Mental Health Platform

The popular healthcare startup Cure.fit has reportedly acquired a Bengaluru-based mental health platform Seraniti. Following the acquisition, the company will have over 70 centres for this vertical. Also, with this, it is trying to boost its mental wellness business Mind.fit. As a part of the deal, Cure.fit will onboard Seraniti's team of 15 therapists and its 8,000 customers.  Seraniti is Cure.fit's second acquisition for the mental wellness vertical after the integration of a1000 yoga in 2017. The financial details of the deal have not been disclosed, however, Ankit Nagori, cofounder of Cure.fit stated that the company paid off the angel investors who had invested in Seraniti. "We believe the acquisition is a win-win for all our clients, as it will improve convenience (eight addit...
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Cure.fit To Launch Quick Service Restaurants in the Coming Weeks
12Sep By Gauri SinghNo Comments
News

Cure.fit To Launch Quick Service Restaurants in the Coming Weeks

Health and fitness startup Cure.fit is on the advanced stages to launch two quick service restaurants (QSR) in Bengaluru. The restaurants are expected to be launched in the next 4-6 weeks and will offer healthy food to people who are on-the-go in the city. This move will make the company one of the early firms in the food tech sector to foray into the offline space. For the purpose of setting up each of the food outlets, Cure.fit is investing approximately Rs 40-45 lakh. "Our proposition is that people should find healthier ways to eat wherever they are. This is why having an outdoor presence is important. We are piloting with a couple of outlets and will see how it goes," said Ankit Nagori, Co-founder of Cure.fit. The company offers four fitness and health products, which include gym...
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Top 5 Funding of The Week (30th July – 4th August)
4Aug By Gauri SinghNo Comments
FUNDING

Top 5 Funding of The Week (30th July – 4th August)

Funding is a vital part of every enterprise. Especially, in the case of startups, funding plays a great role in the growth and expansion processes. This week witness various rounds of funding from various companies that raised funds from different investors. Investment from the right investor can do wonders to a company and change its overview completely. The largest amount of funds that were raised were $120 million by Cure.fit which is a health and fitness startup. Let’s now talk about the top five funding activities that took place in the previous week.     1) Cure.fit       Starting with the biggest funding round, Health and fitness startup Cure.fit  raised $ 120 million funding (Rs 824 crore) in new round of funding led by IDG Ventur...
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