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Tata Digital-backed Cult.fit tops up Series F with $10 Mn funding

Feb 26, 2024over 1 year ago

Amount Raised

$10.2 Million

BengaluruNutritionDietary SupplementsFitnessWellnessHospitalityHealth Care

Investors

South Park CommonsKalaari CapitalTemasekIiflAccelPrashant MachweNikhil KakkarShraddha ShethSangeeta MansharmaniSurendra KediaL&K Wellness ServicesExtreme Brands LlpGul AdvaniValecha Investments

Description

Cult.fit has secured $10.2 million in an extended Series F round led by existing backer Valecha Investments. The funding comes after a gap of nearly two years for the Bengaluru-based company.

Company Information

Company

Cult.fit

Location

Bengaluru, Karnataka, India

About

Cult.fit, formerly known as Cure.fit, is a health and wellness platform focused on providing fitness and mental wellness solutions. The company offers a range of services including fitness classes, mental wellness sessions, and healthy food delivery.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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