About CultFit
CultFit is a company based in Bengaluru (India) founded in 2015 by Deepak Poduval and Rishabh Telang was acquired by Cult.fit in August 2016. CultFit has raised $315.59 thousand across 1 funding round from investors including Cult.fit. CultFit operates in a competitive market with competitors including Gold's Gym, Multifit, DCAMP, The Pilates Studio and KnoxFit, among others.
- Headquarter Bengaluru, India
- Founders Deepak Poduval, Rishabh Telang
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Cultfit Healthcare Private Limited
- Date of Incorporation 05 Aug, 2016
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$25.94 M (USD)51.68as on Mar 31, 2023
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Net Profit
-$19.55 M (USD)8.6as on Mar 31, 2023
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EBITDA
-$7.1 M (USD)-137.52as on Mar 31, 2023
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Total Equity Funding
$315.59 K (USD)
in 1 rounds
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Latest Funding Round
$315.59 K (USD), Angel Round
Apr 05, 2016
- Investors
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Employee Count
Not available
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Acquired by
Cult.fit
(Aug 24, 2016)
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Funding Insights of CultFit
CultFit has successfully raised a total of $315.59K through 1 strategic funding round. The most recent funding activity was a Angel Round of $315.59 thousand completed in April 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in CultFit
CultFit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cult.fit.
| Investor | Description | Founded Year | Domain | Location |
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Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
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Investor details for CultFit
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Investments & Acquisitions by CultFit
Investment portfolio details for CultFit
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Financial Statements - CultFit
Detailed financials for CultFit
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Cultfit Comparisons
Peer comparison for CultFit
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Competitors of CultFit
CultFit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gold's Gym, Multifit, DCAMP, The Pilates Studio and KnoxFit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Fitness memberships and training programs are provided by the company.
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Chain of fitness centers
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Offers fitness classes, diet plans, and recreational events for holistic wellness.
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Operates a chain of physical fitness centers specializing in Pilates.
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| Locked | Locked | Locked |
Personal and group fitness classes are offered by KnoxFit.
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Detailed competitors of CultFit
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Latest news on Cultfit
Complete news archive for CultFit
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Frequently Asked Questions about CultFit
CultFit was founded in 2015 and raised its 1st funding round 1 year after it was founded.
CultFit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rishabh Telang is the current CEO of CultFit. They have also founded this company.
CultFit is a funded company, having raised a total of $315.59K across 1 funding round to date.
Annual revenue of CultFit is $25.94M as on Mar 31, 2023.
CultFit was founded in 2015 in Bengaluru, India, by co-founders Deepak Poduval and Rishabh Telang, the latter serving as CEO. A network of fitness centers is managed nationwide, with services focused on gym access, group classes, and wellness programs. Operations are centered in the health and fitness sector, targeting urban areas for member-based activities. The domain cultfit.in is utilized for online engagement and bookings.
CultFit's top competitors include Multifit, Gold's Gym and KnoxFit.
CultFit has 1 investor. Key investors include Cult.fit.