Cult.fit
General
Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital
Vodafone Idea is considering an equity raise from new investors, potentially diluting stakes of existing shareholders such as Vodafone Group ......
General
Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan
Edelweiss Alternatives has raised over Rs 8,000 crore (almost $1 billion) for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield ......
General
Deals Digest: Momentum slows even further than last week's lows
Private equity and venture capital deal flow started 2024 on a snail-like pace as momentum in terms of value remained ......
Consumer
Cult.fit takes full control of American fitness chain's India business
Tata Digital-backed health and fitness platform Cult.fit has completed the acquisition of remaining stake it didn’t already own, in a ......
TMT
Cult.fit's fitness services business turns cash-flow positive, eyes 50% growth in FY24
Tata Digital-backed health and wellness platform Cult.fit’s fitness services business, under which it operates its own gym centres and runs ......
Finance
Cult.fit's FY22 loss marginally higher; topline rises 34%
Tata Digital-backed Cult.fit’s reported a loss of Rs 681 crore for FY22, compared to Rs 671 crore in the previous ......
TMT
Kalaari Capital backs AI-based platform Convin.ai in seed funding
Artificial intelligence-driven platform Convin.ai.ai said it has raised Rs 16 crore (around $2.1 million) in its seed funding round led ......
TMT
Cult.fit acquires RPM fitness, Fitkit, Onefitplus, and Urban Terrain
Fitness and wellness platform Cult.fit has acquired at-home cardio-equipment brands RPM fitness, Fitkit, Onefitplus and outdoor bicycles brand, Urban Terrain, ......
TMT
Cult.fit acquires TREAD as part of hardware vertical foray
Fitness and wellness platform cult.fit has acquired TREAD, a Bengaluru-based connected fitness startup that recently launched a smart fitness bike. ......
General
Grapevine: Tatas in talks to buy Cult.fit; InVideo, Locus to raise funding
The Tata group is in discussions to acquire fitness startup Cult.fit, people told The Economic Times. The startup’s co-founder Mukesh Bansal ......
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