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Fitness startup Cult.fit raises $50-M from Temasek

Source TechinAsia (opens in a new tab)

Bengaluru-based, IPO-bound fitness platform Cult.fit (formerly Cure.fit) has raised USD 50 million in a fresh funding round from its existing investor Temasek valuing the company around USD 1.6 Billion.Founded in 2016 by Mukesh Bansal and Ankit Nagori, Cure.fit runs physical fitness platform Cultfit, mental health platform Mindfit, primary care vertical Care.fit, among others.

Company website ↗ (opens in a new tab)

Between Jul 2016 and Oct 2023, Cult.fit had attracted about USD 631 M from Accel India, Chiratae Ventures, Endiya Partners, Kalaari Capital, Pratithi Investments, UC-RNT Fund, Ascent Capital, Epiq Capital, InnoVen Capital, Temasek, Unilever Ventures, Others.