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Curefit Set For $800 Mn Valuation With Potential $100 Mn Funding


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Fitness startup Curefit is reportedly in talks with Singapore-based investment firm Temasek to raise $100 Mn, seeking a hike from its current valuation of $575 Mn to $800 Mn post-funding.
Curefit claims to have over 180 cult.fit physical fitness centers and more than 35 mind.fit centers in six Indian cities — Mumbai, Chennai, Jaipur, Bengaluru, Delhi NCR and Hyderabad.
For the Indian market, Curefit is looking to expand to 50 Indian cities with 800 centres by 2020.
The report said that Curefit will use the funding from Temasek in the latest round to enhance its food and diagnostics play.
Its total funding also reached $365 Mn over multiple rounds due to the investment. | To read full story, visit https://startuparound.com/read/1575257507.3850393/Curefit-Set-For-$800-Mn-Valuation-With-Potential-$100-Mn-Funding?ref=audio_experience
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