Friday, April 19

Tag: Hrithik Roshan

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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Flipkart Owned Myntra Acquires 51% Stake in ‘HRX’
14Aug By AnkitaNo Comments
ACQUISITION

Flipkart Owned Myntra Acquires 51% Stake in ‘HRX’

Flipkart-owned Myntra has acquired majority stake in HRX, the active lifestyle brand co-owned by Bollywood actor Hrithik Roshan, and Exceed Entertainment. The company did not disclose the quantum of stake acquired as well as cost of the acquisition. In an emailed statement, it said: "Myntra has bought stakes from Hrithik and Exceed. Both Hrithik and Exceed will continue to be shareholders in HRX." This move is in a bid to further strengthen Myntra's successful private brands business, it added. HRX, one of the first homegrown Indian active lifestyle brand incepted in 2012, was exclusively licensed to Myntra in 2013, and has been one of the top selling brands on Myntra since then. HRX is on track to double its revenues to Rs 200 crore in the current financial year and is ...
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