Startup Around

Curefit Bags $110 Mn From Temasek, Accel Partners and Others


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Fitness startup Curefit is raising INR 831.95 Cr ($110 Mn) in a Series D2 funding round led by Singapore-based investment firm Temasek.
Meanwhile, Ascent Private Equity, Chiratae Ventures and Epiq Capital have invested INR 110 Cr, INR 14.26 Cr, and INR 3.56 Cr, respectively.
Until last year, several media anticipated that Japanese conglomerate SoftBank would be investing somewhere between $200 Mn to $350 Mn in Curefit.
Then in December, another report highlighted that Curefit was in talks with Temasek to raise $100 Mn at an $800 Mn valuation.
Curefit’s investors include IDG Ventures, Accel Partners, Bollywood actor Hrithik Roshan, Piramal Group’s Anand Piramal, and Kalaari Capital. | To read full story, visit https://startuparound.com/read/1584793806.0115004/Curefit-Bags-$110-Mn-From-Temasek,-Accel-Partners-and-Others?ref=audio_experience
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