Announced
Financials
Sources
Tags
Pending
Domestic
Acquisition
fitness and wellness
Software
mental well-being
nutrition
online fitness platform
India
Private
Minority
Friendly
Single Bidder
Synopsis
Tata Digital, a subsidiary of Tata Group, a provider of information technology, infrastructure, automotive, tourism and travel services, agreed to invest $75m in CureFit, a health and fitness company offering digital and offline experiences across fitness, nutrition, and mental well-being. “Joining Tata Digital marks an exciting new step for me and my team and is a recognition of the value we have created with CureFit for fitness enthusiasts in India. Being part of Tata Digital will enable us to nationally scale up our offerings for our customers. Tata Digital has a highly inspiring vision to create next-generation consumer platform and I am very excited to be part of the Tata Digital team that is shaping this vision,” Mukesh Bansal, CureFit Co-Founder and CEO.
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