Friday 18 August 2017

CureFit in talks to raise $25-30 million in fresh funding

Former Myntra CEO and co-founder Mukesh Bansal’s health and fitness startup Cure Fit Healthcare is negotiating to raise fresh funds of up to $25-30 million to expand its fitness brand Cult, enter new markets, and launch health-related services, livemint.com has reported quoting people familiar with the matter.
CureFit’s investors Accel Partners, IDG Ventures, Kalaari Capital and UC-RNT fund are reported to put in money as part of the new round. The fresh funding initiative is also expected to have a new investor on board.

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