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CULT.FIT FITNESS CENTRES
Cult.fit gets Sebi nod for Rs 3,500-4,000 crore IPOThe IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale (OFS) of up to 178.6 million shares by existing inve...- Cult.fit receives Sebi approval for proposed IPOCult.fit has received Sebi observations for its proposed IPO, comprising a fresh issue of up to Rs 950 crore and an offer for sale. Revenue...
- AMI’s Nvidia chip bet; Groww’s new growth playHappy Wednesday! AMI has ordered 9,000 Nvidia Vera Rubin chips, becoming one of Asia’s first such adopters. This and more in today’s ETtech...
- Cult. Fit IPO: Actor Hrithik Roshan set to sell 6.33 lakh shares in Rs 3,500-4,000-crore offerActor Hrithik Roshan plans to sell shares in Cult. Fit's upcoming public offering. The company aims to raise Rs 3,500-4,000 crore through i...
- Cult.fit IPO: Fitness company files draft IPO papers to raise Rs 950 crore via fresh issueCult.fit has filed draft papers for an IPO to raise up to Rs 950 crore through a fresh share issue, while existing investors will sell up t...
- Cultfit raises $47 million from Singapore’s TemasekFitness startup Cultfit raised $47 million (Rs 440 crore) from Singapore-based Temasek, its first major funding in two years. The Bengaluru...
- Tata Digital-backed Cult.fit raises $10 million in funding round led by Valecha InvestmentsThis funding round follows the Bengaluru-based fitness startup's cost-cutting exercise in January 2024 that saw around 100 employees being ...
- Layoffs in 2024: List of companies that announced job cuts so far this yearAccording to data from Layoffs.fyi, a layoff-tracking website, a total of 2,62,595 employees were laid off last year by 1,187 tech companie...
- Cult.fit takes profit call, terminates over 100 employeesFitness firm Cult.fit has laid off 100 to 120 employees as part of a cost-cutting exercise, people in the know told ET. The firm’s parent e...
- Fitness Centre shuts down without any notice, reminds netizens of ‘Laxmi Chit Fund’ from Phir Hera Pheri; Here’s what happenedA Twitter user slammed the fitness centre for shutting down without any notice. The post has gone viral on social media as internet users c...
- India to drive cloud demand: SAP; Cult.fit eyes IPO in 12-18 monthsTerming India “one of the fastest growing markets (for SAP) in enterprise and mid-market segment,” Scott Russell, executive board member, c...
- Fitness startup Cult.fit shaping up for public listing in 12-18 monthsThe company - which counts Tata Digital and Zomato as investors - is doubling down on its core fitness and fitness products business for no...
- Mukesh Bansal-led Cult.fit acquires Gold’s Gym India businessCult.fit will enable all Gold’s Gym centres with its technology and customer app. The Bengaluru-based startup will also look to expand the ...
- Cult.fit acquires Tread to launch fitness hardware-at-home businessThe acquisition of Tread, which has launched a smart fitness bike, will help Cult.fit launch its hardware-at-home vertical.
- CureFit lays off hundreds, cuts pay across levelsWhile the company founders will forgo their salaries, the management team and other staff would be taking a 50-20% pay cut as part of a pla...
- Hrithik Roshan, Cult.Fit booked for cheating; fitness chain says complainant behaved 'violently' with staffThe complainant alleged that he was not given daily workout sessions.
- CureFit goals stay on track with a $120 million roundCureFit closes the round in a mix of equity and debt, with new investors coming on board.
- SoftBank fund begins talks to back health startup CureFitCureFit raised a round of $120 million and, including the $75 million it raised earlier this year, it has mobilised over $245 million from ...
- CureFit may acquire $75 million in a round led by Accel and ChirataeThe transaction, when completed, is expected to value the health and fitness company at about $500 million
- Mukesh Bansal's CureFit eyes 500 CultFit fitness centres by 2020CureFit is also looking at rolling out its AI-based product by end of current year and launch its first health fitness device sometime earl...
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