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Health start-up Cure.fit raises $120 mn in Series C funding

Monday - July 30, 2018 5:08 pm , Category : BUSINESS
Bengaluru July 30 (IANS) Health and fitness start-up Cure.fit on Monday said it has raised $120 million in a Series C round of funding.
Founded in 2016 by Myntra co-founder Mukesh Bansal and former Flipkart executive Ankit Nagori Cure.fit has four flagship products -- Cult.Fit Eat.Fit Mind.Fit and Care.fit.
"Health is over $100 billion category in India and is ready for new tech-driven approach for much better consumer experience. With very high health awareness and rapid technology adoption among consumers Cure.fit has a unique opportunity to become the go-to destination for all health needs for India " Mukesh Bansal Co-founder Cure.fit said in a statement.
With presence in Bengaluru Delhi-NCR region and recent foray in Hyderabad the start-up has over 75 "CULT and Mind centres" and aims to grow to over 500 centres in the next three years.

--IANS ksc/mr