Sunday, December 22

Tag: CureFit

Cure.fit Raises $120 mn Funding led by IDG, Accel
31Jul By Press Trust of IndiaNo Comments
FUNDING

Cure.fit Raises $120 mn Funding led by IDG, Accel

Health and fitness startup Cure.fit today said it has raised USD 120 million funding (Rs 824 crore) in new round of funding led by IDG Ventures, Accel Partners and Kalaari Capital. The series C round funding also saw participation from Chiratae Ventures and Oaktree Capital, Cure.fit said in a statement. "The fresh investment will enable Cure.fit to strengthen technology platform, invest in building a national brand and scale the geographical footprint for the company's four flagship products Cult.Fit, Eat.Fit, Mind.Fit and Care.fit," it added. Founded in 2016 by Myntra co-founder Mukesh Bansal and former Flipkart executive Ankit Nagori, CureFit operates a chain of fitness centres under Cult.Fit. It also focusses on mental fitness (through Mind.fit), healthy food (Eat.fit) and primar...
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Lifestyle Media Platform Raises Funding From Television Actor Ranvijay Singh Singha
12Jun By Lavina TolaniNo Comments
FUNDING

Lifestyle Media Platform Raises Funding From Television Actor Ranvijay Singh Singha

Digital Media platform What's Up Life has raised fresh funding from actor and television personality Ranvijay Singh Singha, who will now also be the brand ambassador for the organisation. Based in Gurugram, What's Up Life was founded in 2014 by Gaurav H Luthra. The platform is involved in content development for editorials, social media pages, calendar keeping users abreast of the latest happenings and events across categories. Confirming on the investment, Ranvijay Singh said,“I liked the platform and the way ‘What’s Up Life’ is reaching out to people with their engaging content and events.” While, sharing the good news Gaurav H Luthra, discussed how the organisation is looking for expansion planning to operate in Mumbai, Bengaluru, Pune, Chandigarh and Jaipur in the next six mon...
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Hrithik Roshan Pours $878.2K in Fitness Startup CureFit
24May By Sheldan RungasamyNo Comments
FUNDING

Hrithik Roshan Pours $878.2K in Fitness Startup CureFit

Bengaluru-based fitness startup CureFit recently raised $878.2K from Bollywood star and brand ambassador Hrithik Roshan. MCA filings reveal that the prominent actor invested directly in Cure.Fit as well as through his entity, Extreme Brands. In August 2017, CureFit secured the ‘Krrish’ star as its brand ambassador, signing a five-year contract for a total of $14.63 Mn. CureFit was founded by former Flipkart executives Mukesh Bansal and Ankit Nagori in 2016 and aims at providing a holistic healthcare platform with deep emphasis on mind, body and nutrition. With this ambition to make healthy lifestyle accessible to all, CureFit has effectively integrated physical fitness, mental fitness, healthy eating, and is planning to launch a care section in one app, under Cult.fit, Mind.fit, Eat....
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Health Platform CureFit Raises $25 Mn In Fresh Funding From Existing Investors
28Aug By RishabhNo Comments
FUNDING

Health Platform CureFit Raises $25 Mn In Fresh Funding From Existing Investors

Myntra co-founder Mukesh Bansal and former Flipkart executive Ankit Nagori's health and fitness platform CureFit, has raised a fresh round of funding of $25 million from existing investors Accel Partners, Kalaari Capital, IDG Ventures and UC-RNT fund, a joint investment vehicle of the University of California and Ratan Tata's RNT Associates. The new round expects to go up to $35-40 million in the next 6 months, according to a source familiar with the matter. CureFit will use the fresh funding to expand the Cult centers into other cities, starting with Gurgaon in October and will also try to add a new product to medical examinations and primary health care under the Care.fit brand by the beginning of 2018,both the cofounders said. ALSO READ   McDonalds Dispute Puts C...
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CureFit In Talks To Raise $30 Mn Fresh Funding
17Aug By AnkitaNo Comments
FUNDING

CureFit In Talks To Raise $30 Mn Fresh Funding

Healthcare startup CureFit is in advanced talks to raise around $30 million of fresh funding to expand its fitness brand Cult, enter new markets and launch other health related services, Mint reported recently. (more…)
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4Jul By RishabhNo Comments
FUNDING

Former Flipkart Executives’ CureFit Raises $15 million Funding

CureFit, a healthcare and fitness start-up launched by former Flipkart executives Mukesh Bansal and Ankit Nagori, has recently raised a $15 million Series A funding from Kalaari Capital, Accel Partners and IDG Ventures, which is one of the largest early rounds of funding ever by an Indian start-up. (more…)
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