Cure Fit Valuation

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Cure Fit Valuation
Zomato infused $100 million in Curefit, as part of its broader strategy to invest $1 billion in young firms. Cofounder and Tata Digital President Mukesh Bansal put in $5 million. – ETtech Mumbai: Curefit Healthcare Pvt. Ltd., which operates fitness platform Cultfit, has raised $145 million in a funding round led by food delivery company Zomato Ltd. Accel, South Park Commons, Singapore-based investment company Temasek Holdings Ltd, a few individuals, and Curefit’s cofounder Mukesh Bansal also participated in the fundraising according to regulatory filings sourced from business intelligence platform Tofler.

  • Zomato infused $100 million, as part of its broader strategy to invest $1 billion in young firms.
  • Bansal, who previously founded online fashion retailer Myntra, invested $5 million.
  • Curefit’s valuation now stands at about $1.5 billion, up from $800 million in March 2020.
  • In June, Tata Digital Ltd., a wholly owned subsidiary of the Tata Group, entered into a memorandum of understanding to invest $75 million in the company.

As part of the deal, Bansal, also the chief executive of the Bengaluru-based startup, joined Tata Digital as president. Curefit was founded in 2016 by Bansal and Ankit Nagori, a senior Flipkart executive who operates Curefoods, a cloud kitchen startup.

  • ET reported in November that Curefoods was set to raise $30 million, which could even go up to $75 million.
  • According to the regulatory filings, Curefoods is raising the capital at a pre-money valuation of $123 million.
  • Curefit Healthcare operates several subsidiaries under an umbrella entity to offer a gamut of fitness and health services.

It owns almost 74% of Sugar.Fit, a diabetes management and reversal platform, which was slated to raise $10 million in a seed round led by Curefit in September. The company has expanded to offer online and offline fitness classes, doctor consultations, lab tests, and fitness gear.

Who funds CultFit?

Fit has 57 institutional investors including Accel, Kalaari Capital and Chiratae Ventures. Fireside Ventures is the largest institutional investor in cult.

Where is Mukesh Bansal now?

From Wikipedia, the free encyclopedia

Mukesh Bansal
Nationality Indian
Education Btech from IIT Kanpur
Occupation Entrepreneur
Known for Myntra Flipkart Cult.fit

Mukesh Bansal is an Indian businessman who founded the Indian fashion e-commerce company Myntra and currently serves as the CEO of cult.fit of which he is also the co-founder. Mukesh has been listed in the Best 40 Under 40 Entrepreneurs by Fortune magazine.

What is a black unicorn company?

What is the definition of a Black Unicorn? – In the venture capital industry, a unicorn refers to any tech startup company that reaches a $1 billion dollar market value as determined by private or public investment. The term was originally coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.

Last year, CB Insights reported that the odds of becoming a unicorn — a company valued at $1 billion or more — was less than 1% for companies that had raised venture capital. In 2018, there were 47 tech companies in the US to reach this unicorn status, according to data provided by PitchBook. In the cybersecurity industry, in 2019, Gary S.

Miliefsky coined the term black unicorn as a cybersecurity company that has the potential to reach a $1 billion dollar market value as determined by private or public investment. The black unicorn awards are designed to help showcase companies with this kind of potential.

  • Ultimately, the judging in our awards is tough and its still up to the finalists and the winners to execute a flawless business model to reach this potential.
  • It takes innovation, dedication, passion – the right team and the right cyber security solution, harmoniously executed to become a unicorn.
  • If you are one of our winners, the judges believe you have this potential.
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While there are no guarantees, your discovery and our award signify you meet the criterial – it’s up to you to execute and meet all the challenges that follow. Do you have what it takes to be a Black Unicorn?

Who is the Kardashians trainer?

GETTING IN SHAPE – In June 2022, Kim’s personal trainer, Melissa Alcantara, opened up with Style Caster about their workout regimen. Melissa said: “I’ll be doing the same workout that she’s doing later on in the day—hip thrusts, reverse lunges, chest press, shoulder press.” Kim and her ex-husband Kanye West, 45, share four children: North, nine; Saint, seven; Chicago, five; and Psalm, three. 4 Kim has been sharing the results from her workout regimen Credit: INSTAGRAM 4 Kim pictured with Kanye West and their kids Credit: Social Media – Refer to source

Can a personal trainer be rich?

The highest-paid personal trainers are making thousands per day. But that often isn’t from training alone. To make good money as a trainer, you need expertise, experience, and a solid business plan. You need to think about how you can expand your career as a trainer beyond typical training hours.

Who is the leadership team of CureFit?

CureFit employs 114 employees. The CureFit management team includes Bishnu Hazari (Head of Finance at Curefit), Prerna Tirumalai (Growth), and Naresh Krishnaswamy (Growth and Business).

How much is fit with Jen?

Meal Plan Only Membership – Jen’s Get Fit Group Added Services How we fuel our bodies is just as important as the calories we burn and the muscles we build. With the $20 membership, you’ll receive a new meal plan every week. –Meal plan, recipes, shopping list, snack ideas–changes weekly.

  1. If you have the regular membership, you don’t need this plan! The weekly meal plans are included in your regular membership.
  2. This DOES NOT include any workouts –Does NOT include access to the private Facebook Page –This plan has recurring Payments.
  3. You will be able to see your next payment date in your Account under,
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There will be no refunds once a Membership fee is charged. Carefully review the prior to booking. : Meal Plan Only Membership – Jen’s Get Fit Group Added Services