- Funding Galore: Indian Startup Funding Of The Week [16-21 April 2018] We bring to you the latest edition Funding Galore: Indian Startup Funding of the week. This week 17 startups raised around $86 Mn in funding altogether with CoverFox and True Balance raising the biggest funding rounds in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed funding amount.) Mumbai-based […]
- Marico To Acquire Up To 22.5% Stake In Health And Wellness Platform Revofit Mumbai-based Revofit (Revolutionary Fitness Private Limited) has received a strategic investment from Marico Ltd, a consumer product company operating in the beauty and wellness space, by way of a Shareholders’ Agreement and Share Subscription Agreement, announced on April 13, 2018. As per the agreement, Marico will acquire up to 22.5% equity shares of the post-acquisition paid-up […]
- Funding Galore: Indian Startup Funding Of The Week [05-10 March 2018] We bring to you the latest edition Funding Galore: Indian Startup Funding of the week. This week 19 Indian startups raised about $72 Mn in funding altogether and three startup acquisition took place in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed funding amount.). This week Ola was […]
- Funding Galore: Indian Startup Funding Of The Week [29 Jan-03 Feb 2018] We bring to you the latest edition Funding Galore: Indian Startup Funding of the week. This week 19 Indian startups raised about $636 Mn in funding altogether and three acquisitions took place in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed funding amount.). Two of the biggest Indian […]
- Fitness Startup CureFit Raises $10 Mn Debt Funding From Axis Bank, HDFC Bank Bengaluru-based fitness startup CureFit has raised $10 Mn in debt financing from HDFC Bank and Axis Bank. The latest fundraise is part of an earlier round, wherein it secured $3.2 Mn (INR 20.55 Cr) debt funding from Trifecta Capital and Kris Gopalakrishnan-founded Prathithi Investment Trust in August 2017. As per reports, the company is looking […]
- Startup Watchlist: 11 Indian Healthtech Startups To Watch Out For In 2018 This article is part of Inc42’s Startup Watchlist annual series where we list the top startups to watch for 2018 from industries like AI, Logistics, HealthTech etc. Explore all the stories from ‘Startup Watchlist’ series here. In May 2016, a Forbes article written by VC Dave Chase stated 98% digital health startups (globally) to be […]
- Indian Startup Funding Of The Week [Funding Galore 28 Aug – 2 Sep] We bring to you the new edition Funding Galore: Indian Startup Funding of the week. This week 10 Indian startups raised about $91 Mn in funding and five acquisitions took place in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed their funding amounts). Making it the biggest Indian […]
- Fitness Startup CureFit Secures $25 Mn From Kalaari Capital, Others Bengaluru-based fitness startup CureFit has raised $25 Mn in Series B round of funding from existing investors Accel Partners, IDG Ventures, Kalaari Capital and UC-RNT fund. The startup will use the newly raised funds to expand the company’s geographical footprint in the country and scale-up its business verticals. Vani Kola, Managing Director at Kalaari Capital […]
- Hrithik Roshan The New Face Of CureFit; Picks $15.6 Mn Equity Stake In The Fitness Startup Bengaluru-based health and wellness startup CureFit has reportedly signed on Hrithik Roshan as its brand ambassador. The five-year contract is valued at $15.6 Mn (INR 100 Cr). The partnership, according to sources, is expected to generate $39.2 Mn (INR 250 Cr) in annual revenue within the next few years. In place of cash investment, the […]
- Bengaluru-Based Fitness Startup CureFit Acquires A1000Yoga Holistic health and wellness startup CureFit has acquired Bengaluru-based yoga studio a1000yoga for an undisclosed amount. The acquisition will enable CureFit to gain a stronger foothold in the city’s growing fitness market, the company’s spokesperson revealed. Once the acquisition is complete, all a1000yoga centres will be re-launched under the Cult.fit banner. It will reportedly offer […]
- Funding Galore: Indian Startup Fundings Of The Week [8 May – 13 May] Earlier this week, Snapdeal agreed to sign a non-binding Letter of Intent (LoI) for the merger with Flipkart. Flipkart will be merging the Snapdeal entity at a valuation of just $1 Bn. The deal is expected to get signed in the next five-seven days. Nexus Venture Partners is speculated to receive $100 Mn along with a […]
- CureFit Secures $3 Mn From RNT Capital, Others; Launches Healthcare App Part of the famous Flipkart Mafia, Mukesh Bansal and Ankit Nagori’s startup CureFit has reportedly secured $3 Mn in funding from Tata Sons Chairman Emeritus Ratan Tata’s RNT Capital and other angel investors. The round also saw participation from Gokul Rajaram, Product Engineering Lead, Square; Aditya Agarwal, Vice President of Engineering at Dropbox; Ruchi Sanghvi, former VP, Operations, Dropbox; […]