Health and fitness platform Cult.fit has raised Rs 84.5 crore (around $10.2 million) in a funding round led by existing investor Valecha Investments, which contributed over Rs 36 crore, according to ETtech report. Other participants in the round include Gul Advani of Sun-n-Sand Hotels, who has infused Rs 28.26 crore, Extreme Brands LLP, L&K Wellness…
Cult.fit, a fitness center chain startup in India, announced it has picked up a majority stake in F2 Fun & Fitness, thereby becoming the master franchise partner for Gold’s Gym in India, according to ETtech report. Cult.fit is a part of Cure.fit Healthcare which recently announced an investment from Zomato taking the company’s valuation to…
Wellness platform Cult.fit has announced that it has acquired Bengaluru-based Tread, a fitness equipment start-up. The financial details of the deal were not disclosed. The company said in a statement, “Following Cult.fit’s launch of digital at-home fitness last year, the platform has seen a massive uptick in live workout classes on its app. In a…