Curefit services private limited
1 MAbout Curefit services private limited
A Comprehensive Overview of Price & Journey
Understanding Curefit services private limited Inception and Growth
Overview
Cult Fit Healthcare Pvt Ltd, also known as Cult Fit or Cure Fit, is a leading fitness and wellness company in India. It was founded in 2015, and since then the company has grown rapidly and has become a household name for fitness enthusiasts in the country.
The company wants to make fitness affordable for everyone, and it has been successful in doing so through its innovative business model and high-quality service offerings. Cult.fit offers a wide range of fitness programs, including strength training, cardio, yoga, dance, and more.
The company operates through a network of over 800 fitness centers across 50+ cities in India, providing its customers with access to top-of-the-line fitness equipment, experienced trainers, and a supportive community of fellow fitness enthusiasts. In addition to its physical fitness centers, Cult.fit also offers virtual fitness classes through its mobile app, allowing customers to participate in classes from the comfort of their own homes.
One of the key factors that sets Cult.fit apart from other fitness companies is its innovative business model. The company operates on a membership-based model, where customers pay a monthly fee to access its fitness programs and facilities. Cult.fit has been successful in building a strong brand and establishing a loyal customer base. The company's focus on quality and affordability, as well as its commitment to customer experience, has earned it a reputation as one of the best fitness companies in India.
Online platform offering multiple fitness and wellness services. The company's offerings include video-based live and on-demand fitness, yoga, and meditation sessions based on membership. It also offers healthy meals, an online store and allows users to track performance in real-time and compete with other users.
So, if you want to know about the Curefit share price, Curefit share price in India or anything, it is important that you know the updates. You can take a look at the Curefit share price today to see how well it is trading in the stock market. If you want to analyze trends, you can always refer to the Curefit share price chart to have a clearer picture of its movement over time. Data on the Curefit share price NSE will also be listed there if you’re searching for the same.
Founders
Curefit has 2 founders:
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Ankit Nagori, ex-Co-Founder at Curefit
-
Mukesh Bansal, Co-Founder at Curefit
Board of Directors
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Shamik Das Sharma, Independent board member
-
Sudhir Kumar Sethi, Independent board member
-
Vishesh Shrivastav, Independent board member
-
Naresh Krishnaswamy, Board of Directors
-
Mujtabha Magrey, Board of Directors
No. of Investors
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Curefit has a total of 94 investors.
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59 are institutional investors, including Accel and 58 others.
-
35 are Angel investors, including Hrithik Roshan and 34 others.
Funding
Curefit has a total 14 funding rounds:
-
8 Late-Stage rounds
-
4 Early-Stage rounds
-
2 Debt rounds
May 06, 2024 - $22.3M - Series F
Investors: Sun N Sand Hotels, Valecha Investment, Gul Advani, Sangeeta Mansharmani
Oct 27, 2023 - $10.2M - Series F
Investors: Valecha Investment, LJ1 Oil Products, Gul Advani, Sangeeta Mansharmani, Shraddha Sheth, Nikhil Kakkar, Prashant Machwe, L&K Wellness Services, Surendra Kedia, Exceed Entertainment
May 23, 2022 - $1.33M - Series F- $1.55B (Post Money Valuation) - 81.8x (Revenue Multiple)
Investors: Fireside Ventures, Redwood Trust, Surge
Nov 10, 2021 - $180M - Series F- $1.65B (Post Money Valuation) - 333.9x (Revenue Multiple)
Investors: Zomato, Mohit Mathur, Aditya Agarwal, Temasek, Accel, South Park Commons, 360 One, Paras Sanghvi, Apurva Doshi, Valecha Investment, Gul Advani, Shraddha Sheth, Sangeeta Mansharmani, Nikhil Kakkar, Prashant Machwe, MacRitchie Investments
Jun 07, 2021 - $75M - Series E - $2.47B (Post Money Valuation) - 564.0x (Revenue Multiple)
Investors: Tata, Sixth Sense Ventures
Mar 18, 2020 - $110M - Series D - $728M (Post Money Valuation) - 69.1x (Revenue Multiple)
Investors: PraTithi Organic Foods, Patrick J. McGovern Foundation, Ascent Capital, Accel, Chiratae Ventures, Epiq Capital Advisors, Julia Dhar, Unilever, Temasek, Pratithi Investments, Castle Investment And Industries, Satyadharma Investments, Unilever Ventures, Pratithi Investments, McGovern Family Trust, Gabelhorn
Jun 25, 2019 - Undisclosed - Conventional Debt
Investors: Chiratae Ventures, Accel, Kalaari Capital, Oaktree Capital Management, Innoven Capital, Epiq Capital Advisors, Unilever Ventures, Kotak Mahindra Bank
May 20, 2019 - $120M - Series D - $568M (Post Money Valuation) - 131.5x (Revenue Multiple)
Investors: Accel, Kalaari Capital, Chiratae Ventures, Julia Dhar, Epiq Capital Advisors, Unilever, Oaktree Capital Management, Bruno Raschle, Peeyush Ranjan, Raveen Sastry, Innoven Capital, Pratithi Investments, Kotak Mahindra Bank, Kiran Vyapar Limited, Anand Piramal Trust, Ratrust, FPGA Family Foundation, McGovern Family Trust, Castle Investment And Industries, Ananth Sankaranarayanan Family Trust, Satyadharma Investments, Makan Family Trust, Hadley Family Trust, Unilever Ventures, Pratithi Investments
Jul 30, 2018 - $120M - Series C - $210M (Post Money Valuation) - 57.7x (Revenue Multiple)
Investors: Accel, Kalaari Capital, Chiratae Ventures, Patrick J. McGovern Foundation, Bruno Raschle, Oaktree Capital Management, Castle Investment And Industries, Satyadharma Investments, Doli Trading and Investments, McGovern Family Trust, Vilas Dhar, Makan Family Trust, Ratrust
May 18, 2018 - $877K - Series B - $87M (Post Money Valuation) - 23.5x (Revenue Multiple)
Investors: Hrithik Roshan, Exceed Entertainment
Jan 30, 2018 - $7M - Conventional Debt
Investors: Axis Bank, HDFC Bank
Aug 08, 2017 - $28.7M - Series B - $87.6M (Post Money Valuation) - 67.6x (Revenue Multiple)
Investors: Accel, Kalaari Capital, Chiratae Ventures, Trifecta Capital, Endiya Partners, Bruno Raschle, UC-RNT Fund, Trifecta Capital, Makan Family Trust, RNT Associates, Pratithi Investments, Binny Bansal, Kalyan Krishnamurthy, Ananth Narayanan, Ankit Nagori
May 08, 2017 - $3M - Series A
Investors: UC-RNT Fund, Gokul Rajaram, Aditya Agarwal, Ruchi Sanghvi, Shishir Mehrotra, Pratithi Investments
Jul 04, 2016 - $15M - Series A - $51.7M (Post Money Valuation)
Investors: Accel, Kalaari Capital, Chiratae Ventures, RNT Associates, Ratrust, Mehrotra Living Trust, Rajaram Family, Ratan N Tata
SHOW MORE...
Overview
Cult Fit Healthcare Pvt Ltd, also known as Cult Fit or Cure Fit, is a leading fitness and wellness company in India. It was founded in 2015, and since then the company has grown rapidly and has become a household name for fitness enthusiasts in the country.
The company wants to make fitness affordable for everyone, and it has been successful in doing so through its innovative business model and high-quality service offerings. Cult.fit offers a wide range of fitness programs, including strength training, cardio, yoga, dance, and more.
The company operates through a network of over 800 fitness centers across 50+ cities in India, providing its customers with access to top-of-the-line fitness equipment, experienced trainers, and a supportive community of fellow fitness enthusiasts. In addition to its physical fitness centers, Cult.fit also offers virtual fitness classes through its mobile app, allowing customers to participate in classes from the comfort of their own homes.
One of the key factors that sets Cult.fit apart from other fitness companies is its innovative business model. The company operates on a membership-based model, where customers pay a monthly fee to access its fitness programs and facilities. Cult.fit has been successful in building a strong brand and establishing a loyal customer base. The company's focus on quality and affordability, as well as its commitment to customer experience, has earned it a reputation as one of the best fitness companies in India.
Online platform offering multiple fitness and wellness services. The company's offerings include video-based live and on-demand fitness, yoga, and meditation sessions based on membership. It also offers healthy meals, an online store and allows users to track performance in real-time and compete with other users.
So, if you want to know about the Curefit share price, Curefit share price in India or anything, it is important that you know the updates. You can take a look at the Curefit share price today to see how well it is trading in the stock market. If you want to analyze trends, you can always refer to the Curefit share price chart to have a clearer picture of its movement over time. Data on the Curefit share price NSE will also be listed there if you’re searching for the same.
Founders
Curefit has 2 founders:
-
Ankit Nagori, ex-Co-Founder at Curefit
-
Mukesh Bansal, Co-Founder at Curefit
Board of Directors
-
Shamik Das Sharma, Independent board member
-
Sudhir Kumar Sethi, Independent board member
-
Vishesh Shrivastav, Independent board member
-
Naresh Krishnaswamy, Board of Directors
-
Mujtabha Magrey, Board of Directors
No. of Investors
-
Curefit has a total of 94 investors.
-
59 are institutional investors, including Accel and 58 others.
-
35 are Angel investors, including Hrithik Roshan and 34 others.
Funding
Curefit has a total 14 funding rounds:
-
8 Late-Stage rounds
-
4 Early-Stage rounds
-
2 Debt rounds
May 06, 2024 - $22.3M - Series F
Investors: Sun N Sand Hotels, Valecha Investment, Gul Advani, Sangeeta Mansharmani
Oct 27, 2023 - $10.2M - Series F
Investors: Valecha Investment, LJ1 Oil Products, Gul Advani, Sangeeta Mansharmani, Shraddha Sheth, Nikhil Kakkar, Prashant Machwe, L&K Wellness Services, Surendra Kedia, Exceed Entertainment
May 23, 2022 - $1.33M - Series F- $1.55B (Post Money Valuation) - 81.8x (Revenue Multiple)
Investors: Fireside Ventures, Redwood Trust, Surge
Nov 10, 2021 - $180M - Series F- $1.65B (Post Money Valuation) - 333.9x (Revenue Multiple)
Investors: Zomato, Mohit Mathur, Aditya Agarwal, Temasek, Accel, South Park Commons, 360 One, Paras Sanghvi, Apurva Doshi, Valecha Investment, Gul Advani, Shraddha Sheth, Sangeeta Mansharmani, Nikhil Kakkar, Prashant Machwe, MacRitchie Investments
Jun 07, 2021 - $75M - Series E - $2.47B (Post Money Valuation) - 564.0x (Revenue Multiple)
Investors: Tata, Sixth Sense Ventures
Mar 18, 2020 - $110M - Series D - $728M (Post Money Valuation) - 69.1x (Revenue Multiple)
Investors: PraTithi Organic Foods, Patrick J. McGovern Foundation, Ascent Capital, Accel, Chiratae Ventures, Epiq Capital Advisors, Julia Dhar, Unilever, Temasek, Pratithi Investments, Castle Investment And Industries, Satyadharma Investments, Unilever Ventures, Pratithi Investments, McGovern Family Trust, Gabelhorn
Jun 25, 2019 - Undisclosed - Conventional Debt
Investors: Chiratae Ventures, Accel, Kalaari Capital, Oaktree Capital Management, Innoven Capital, Epiq Capital Advisors, Unilever Ventures, Kotak Mahindra Bank
May 20, 2019 - $120M - Series D - $568M (Post Money Valuation) - 131.5x (Revenue Multiple)
Investors: Accel, Kalaari Capital, Chiratae Ventures, Julia Dhar, Epiq Capital Advisors, Unilever, Oaktree Capital Management, Bruno Raschle, Peeyush Ranjan, Raveen Sastry, Innoven Capital, Pratithi Investments, Kotak Mahindra Bank, Kiran Vyapar Limited, Anand Piramal Trust, Ratrust, FPGA Family Foundation, McGovern Family Trust, Castle Investment And Industries, Ananth Sankaranarayanan Family Trust, Satyadharma Investments, Makan Family Trust, Hadley Family Trust, Unilever Ventures, Pratithi Investments
Jul 30, 2018 - $120M - Series C - $210M (Post Money Valuation) - 57.7x (Revenue Multiple)
Investors: Accel, Kalaari Capital, Chiratae Ventures, Patrick J. McGovern Foundation, Bruno Raschle, Oaktree Capital Management, Castle Investment And Industries, Satyadharma Investments, Doli Trading and Investments, McGovern Family Trust, Vilas Dhar, Makan Family Trust, Ratrust
May 18, 2018 - $877K - Series B - $87M (Post Money Valuation) - 23.5x (Revenue Multiple)
Investors: Hrithik Roshan, Exceed Entertainment
Jan 30, 2018 - $7M - Conventional Debt
Investors: Axis Bank, HDFC Bank
Aug 08, 2017 - $28.7M - Series B - $87.6M (Post Money Valuation) - 67.6x (Revenue Multiple)
Investors: Accel, Kalaari Capital, Chiratae Ventures, Trifecta Capital, Endiya Partners, Bruno Raschle, UC-RNT Fund, Trifecta Capital, Makan Family Trust, RNT Associates, Pratithi Investments, Binny Bansal, Kalyan Krishnamurthy, Ananth Narayanan, Ankit Nagori
May 08, 2017 - $3M - Series A
Investors: UC-RNT Fund, Gokul Rajaram, Aditya Agarwal, Ruchi Sanghvi, Shishir Mehrotra, Pratithi Investments
Jul 04, 2016 - $15M - Series A - $51.7M (Post Money Valuation)
Investors: Accel, Kalaari Capital, Chiratae Ventures, RNT Associates, Ratrust, Mehrotra Living Trust, Rajaram Family, Ratan N Tata
About Curefit services private limited
IPO Details, Price movement
largest funding round
Curefit's largest funding round was a Series F round held on Nov 10, 2021, for $180M.
Dividend Details
No information is provided by the company regarding the Dividend.
IPO Details
No information is provided by the company regarding the IPO or Listing.
Registered Office
The Registered office of the company is in Bangalore, Karnataka, India.
Subsidiaries
There is no information provided regarding the subsidiaries' companies.
Association
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CUREFIT SERVICES PRIVATE LIMITED
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CUREFIT HEALTHCARE PRIVATE LIMITED
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CUREFIT LOGISTICS PRIVATE LIMITED
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CUREFOODS PRIVATE LIMITED
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CULTFIT HEALTHCARE PRIVATE LIMITED
Competitors
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HealthifyMe
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Aaptiv
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Lark Health
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Gymlib
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BurnAlong
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EGYM
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Exos
Industry
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The health and wellness coaching market is expected to reach €1,777 million in 2024, with a projected CAGR of 16.96% between 2024–2029.
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The digital fitness and well-being market is expected to reach US$3.5 billion in 2024, with a projected CAGR of 13.87% between 2024–2029.
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Fitness apps like Home Workout and MyFitnessPal are increasing in popularity. Revenue in the fitness apps market is expected to reach US$267.70 million in 2024, with a projected CAGR of 6.37% between 2024–2029.
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The digital fitness and well-being market is expected to reach US $3.50 billion in 2024 and US\$6.70 billion by 2029.
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The gym equipment market is expected to reach US $1189.7 million in 2032, with a CAGR of 8.3%.
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The health and fitness club market is expected to grow at a CAGR of 9.2% from 2024 to 2034.
Fundamentals
Financials
All values are INR Cr except per share value
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Promoters or Management
| Name | Designation | Linkedin Profile | |
|---|---|---|---|
| No promoters available. | |||
Frequently Asked Questions
Like any other financial product or commodity, the price of unlisted shares is discovered at the intersection of demand from buyers and supply from sellers of particular unlisted shares.
The two determinants of price are dynamic factors and keep changing constantly, hence share price tends to fluctuate constantly – every day, every minute.
Upon successful completion of a deal, the unlisted shares are credited electronically directly to your standard demat account that is usually created with CDSL or NSDL (Central Depository Services Limited or National Securities Depository Limited).
The lock-in period of Purple Style Labs Limited varies depending on the category of the investor:
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Venture capital or foreign venture capital investors are subject to lock-in period of 6 months from the date of acquisition of shares
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For AIF investors of Category-II are not subject to any lock-in.
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Any other investor, including retail investors, HNI or corporate investors are subject to a lock-in period of 6 months from the date of listing.
Note – The above-mentioned lock-in is for mainboard, however for SME IPO the applicable lock-in period is 1 Year.
There is no regulatory minimum limit to invest in unlisted shares. However, minimum investment size varies with the per share price. Earlier, the typical investment size often ranges between 70K – 100K, but with the growing awareness and increased participation the investment size has been down sized to 50k.
Short-Term Capital Gain tax is applicable when you sell your unlisted shares within a year from date of acquisition. Realized gain is taxable at your slab rate after consolidating in total income for the year. Hence, the rate of tax depends on your overall income for the particular financial year.
Long-Term Capital Gain taxes are applicable when you sell your unlisted shares after two years from the date of acquisition. LTCG tax is calculated on profits realized on sale of unlisted shares at 12.5%. Investors particularly retail or HNI must understand the concept clearly as it impacts strategy and tax planning.
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You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
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Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
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You would also get email confirmation of credit of shares via emai
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The value of share in unlisted space is determined in the same way as it is done in the listed market. Demand and supply decide the price of any share. If the demand is more than the supply, then the price of the share increases and vice versa.
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When a new share is introduced in the unlisted space, the value of the company is decided upon the last funding raised by the company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
Yes, investing in unlisted shares is legal in India, the activity is regulated and governed under the rules and guidelines laid by SEBI (Securities and Exchange Board of India). Related parties must comply with the regulations and guidelines to ensure legal and financial standards.
Investing in unlisted shares in India carries a significant and distinctive risk profile such as limited liquidity, lack of transparent pricing and regulatory oversight because unlisted shares do not trade on listed stock exchange, they are bought or sold in OTC (over the counter) market that makes vulnerable to following risks:
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Liquidity risk, unlisted shares are difficult to buy and sell,
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Lack of transparent pricing, as share price of pre-IPO or unl;isted company is often determined by narrative not fundamentals
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Lack of information disclosure, unlisted companies are not mandated for disclosures like listed companies
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Tax ambiguity, because determination of fair market value and cost of acquisition of unlisted shares is often disputed
Hence, investors should carefully examine related facts before investing in Pre-IPO or unlisted shares.