Private Equity Fund News
Glucose monitoring tech startup Sugar.fit to raise $10-M from Cure.fit, Endiya, Tanglin Venture
Source PTI (opens in a new tab)
Bengaluru-based healthtech startup Sugar.fit is to raise USD 10 million (about INR 73 crore) from Cure.fit, Endiya Partners and Tanglin Venture Partners.
Sugar.fit uses continuous glucose monitoring technology (CGM) to help users see the real-time impact of various food and lifestyle activities on their blood sugar levels. It was launched two months ago and is currently operational in Bengaluru and Delhi-NCR. It plans to expand to 10 cities over the next few months.
Sugar.fit's founding team includes Madan Somasundaram and Shivtosh Kumar and comes with experience in building and scaling products at Cure.fit (where the majority is from), Dailyhunt, Flipkart, Myntra and Samsung.