Healthcare startup Cure.fit raises $75 million from Piramal, Kalaari, Accel & others

Franchise India Bureau May 07 2019 - 3 min read
Healthcare startup Cure.fit raises $75 million from Piramal, Kalaari, Accel & others
Accel Growth has led the round with an investment of more than Rs 200 crore, followed by Rs 120 crore investment of IDG Ventures India and Rs 75 lakh investment by Anand Piramal Family Trust.

Healthcare startup Cure.fit has raised $75 million from Anand Piramal, who is in charge of the realty business of the Piramals, along with existing backers such as Accel Growth, Kalaari Capital and IDG Ventures India.

Accel Growth has led the round with an investment of more than Rs 200 crore, followed by Rs 120 crore investment of IDG Ventures India and Rs 75 lakh investment by Anand Piramal Family Trust. The funding round has also seen participation from other investors like Epiq Capital, Makan Family Trust, and Hadley Family Trust.

Incorporated in 2016, Cure.fit was founded by Myntra’s Co-Founder Mukesh Bansal and senior Flipkart Executive Ankit Nagori. Currently, the company is operating gyms under Cult.Fit, healthy food offerings under Eat.Fit, mental wellness through Mind.Fit and diagnostic centres through Cure.fit.

The healthcare startup has launched 100 centres across Bengaluru, Mumbai, Delhi-NCR, and Hyderabad. Recently, it expanded into international markets such as Dubai.

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