Cult.fit

Bengaluru, India Founded: 2016 • Age: 10 yrs
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
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About Cult.fit

Cult.fit is a company based in Bengaluru (India) founded in 2016.. Cult.fit has raised $666.57 million across 14 funding rounds from investors including Zomato, Axis Bank and HDFC Bank. Cult.fit has completed 14 acquisitions, including A1000yoga, CultFit and FitKit. Cult.fit operates in a competitive market with competitors including HealthifyMe, Goqii, Flexifyme, Growfitter and Shyft, among others.

  • Headquarter Bengaluru, India
  • Stage Unicorn
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Nutrition, Wellness & Lifestyle Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $666.57 M (USD)

    in 14 rounds

  • Latest Funding Round
    $1.96 M (USD), Series F

    Mar 29, 2025

  • Investors
    Zomato

    & 77 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    A1000yoga

    & 13 more

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People of Cult.fit
Headcount 500-1000
Employee Profiles 54
Employee Profiles
People
Shriya Malpani
Creative Director
People
Mukesh Bansal
Co-Founder, CEO, and W.I.P
People
Dhyan E
Program Manager
People
Karthiba Jegannathan
Sourcing & Vendor Management (apparel)

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Funding Insights of Cult.fit

Cult.fit has successfully raised a total of $666.57M across 14 strategic funding rounds. The most recent funding activity was a Series F round of $1.96 million completed in March 2025. 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.

  • Total Funding
  • Total Rounds 14
  • Last Round Series F — $2.0M
  • First Round

    (04 Jul 2016)

  • Investors Count 78
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2025 Amount Series F - Cult.fit Valuation Fitness First
Oct, 2023 Amount Series F - Cult.fit Valuation Valecha Investment
May, 2022 Amount Series F - Cult.fit Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cult.fit

Cult.fit has secured backing from 78 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Zomato, Axis Bank and HDFC Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage consumer brand companies are invested in by Fireside Ventures.
Founded Year Domain Location
Acceleration is provided to startups across multiple sectors by Surge.
Founded Year Domain Location
An investment platform is provided for diverse sectors and geographies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cult.fit

Cult.fit has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include A1000yoga, CultFit and FitKit. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Home fitness solutions are provided for personal use.
2020
Online yoga training platform is provided for fitness enthusiasts.
2020
Personalized workout plans are delivered via a mobile fitness app.
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cult.fit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cult.Fit Comparisons

Employees
+
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Competitors of Cult.fit

Cult.fit 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 HealthifyMe, Goqii, Flexifyme, Growfitter and Shyft, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-powered personalized nutrition and fitness coaching is provided.
domain founded_year HQ Location
Provider of a wearable wristband integrated with personalized coaching
domain founded_year HQ Location
Provider of a digital healthcare platform offering AI-powered physiotherapy and yoga programs
domain founded_year HQ Location
An incentivized wellness platform is offered to promote healthy lifestyles.
domain founded_year HQ Location
Personalized wellness services for yoga, meditation, and nutrition are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cult.Fit

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Financialexpress10 months ago
Tuco Kids appoints Chanakya Gupta as co-founder
Fashionnetwork11 months ago

Frequently Asked Questions about Cult.fit

When was Cult.fit founded?

Cult.fit was founded in 2016.

Where is Cult.fit located?

Cult.fit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Is Cult.fit a funded company?

Cult.fit is a funded company, having raised a total of $666.57M across 14 funding rounds to date. The company's 1st funding round was a Series F of $1.33M, raised on Jul 04, 2016.

What does Cult.fit do?

Cult.fit was founded in 2016 in Bengaluru, India, within the fitness sector. Memberships are provided in various tiers, granting access to group classes led by trainers, gym facilities with equipment and amenities, and live virtual workout sessions. Sports activities such as badminton and swimming are included, along with coaching programs for weight loss and wellness resources. Operations focus on in-person and online fitness options across India.

Who are the top competitors of Cult.fit?

Cult.fit's top competitors include HealthifyMe, Goqii and Growfitter.

How many acquisitions has Cult.fit made?

Cult.fit has made 14 acquisitions, including A1000yoga, CultFit, and FitKit.

Who are Cult.fit's investors?

Cult.fit has 78 investors. Key investors include Zomato, Axis Bank, HDFC Bank, Kotak Mahindra Bank, and Accel.

What is Cult.fit's valuation?

The valuation of Cult.fit is $1.46B as of Oct 2023.

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