Cult.fit

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

About Cult.fit

Cult.fit is a Healthcare company based in Bengaluru (India) founded in 2016 by Mukesh Bansal, Ankit Nagori, and Rishabh Telang. Provider of fitness memberships encompassing group classes, gyms, and at-home workouts. Cult.fit has raised $716.99 million across 16 funding rounds from investors including Zomato, Axis Bank and HDFC Bank. The company has 1,832 employees. Cult.fit has completed 14 acquisitions, including A1000yoga, CultFit and FitKit. Cult.fit was last valued at $1.37 billion in March 2026. Its website cult.fit draws about 1.2 million monthly visits. Its focus areas include HealthTech, Employee Health IT, Tech Enabled Services and Physical Fitness. Its competitors include HealthifyMe, Flexifyme and Growfitter; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 1,832
  • Founders Mukesh Bansal, Ankit Nagori, Rishabh Telang
  • Stage Unicorn
  • Sectors
    Healthcare
  • Website category Finance · Financial Planning and Management
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cult.fit
  • Social LinkedIn X Facebook
Key Metrics
  • Annual Revenue
    ₹288.68 Cr
    as on Mar 31, 2025
  • Net Profit
    ₹10.61 Cr
    as on Mar 31, 2025
  • EBITDA
    ₹10.75 Cr
    as on Mar 31, 2025
  • Total Equity Funding
    $716.99M (USD)

    in 16 rounds

  • Latest Funding Round
    $47M (USD), Series F

    Mar 2026

  • Investors
    Zomato

    & 100 more

  • Employee Count
    1,832
  • Investments & Acquisitions
    A1000yoga

    & 13 more

Apps and channels of Cult.fit

Cult.fit publishes 2 mobile apps with over 10M+ downloads.

cult.fit Health Fitness & Gyms
Google Play Health & Fitness Everyone Free
Developer: Curefit Healthcare Pvt. Ltd.
View on Google Play
cult.fit Health Fitness & Gyms
App Store Health & Fitness 12+
Developer: CureFit Healthcare Private Limited
View on App Store

Funding Insights of Cult.fit

Cult.fit has successfully raised a total of $716.99M across 16 strategic funding rounds. The most recent funding activity was a Series F round of $47 million completed in March 2026. 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 $716.99M
  • Total Rounds 16
  • Last Round Series F β€” $47M
  • First Round $15M

    (Jul 2016)

  • Investors Count 101

Latest 10 of 16 funding rounds of Cult.fit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026$47MSeries F––
Mar 2025$1.96MSeries F–Fitness First
–
Oct 2023$10.2MSeries F$1.46BValecha Investment
May 2022$1.33MSeries F$1.55B–
Nov 2021$180MSeries F$β€’β€’β€’β€’β€’Zomato, Mohit Mathur
Jun 2021$75MSeries E$β€’β€’β€’β€’β€’Tata
Mar 2020$110.48MSeries D$β€’β€’β€’β€’β€’PraTithi Organic Foods, Patrick J. McGovern Foundation
Jun 2019Debt – Conventional––
May 2019$120MSeries D$β€’β€’β€’β€’β€’Accel
Jul 2018$120MSeries C$β€’β€’β€’β€’β€’Accel, Kalaari Capital
Valuation history
DateValuationStage
Oct 2023$1.46Bβ€’β€’β€’β€’β€’β€’β€’β€’
May 2022$1.55Bβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Cult.fit

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $1.37B (Mar 2026). 101 investors in total: 65 institutional and 36 angel.

Investors in Cult.fit

Cult.fit has secured backing from 101 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Zomato, Axis Bank and HDFC Bank.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage consumer brand companies are invested in by Fireside Ventures.
firesideventures.comBengaluru, India
Acceleration is provided to startups across multiple sectors by Surge.
surgeahead.com
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Sector-agnostic incubation and venture capital are provided across multiple sectors.
southparkcommons.comSan Francisco, United States
Venture capital fund investing in consumer-focused startups in India.
2016sixthsenseventures.comMumbai, India
Venture capital fund focused on seed-stage startups
chiratae.comBengaluru, India
Investments are made in tech startups and entrepreneurs focusing on growth and late-stage funds in India.
2016epiqcapital.comMumbai, India
AscentCapital is engaged in potato farming, grain marketing, and equipment services in Maine.
2000ascentcapital.inBengaluru, India
Venture capital is provided by the firm across multiple sectors.
Mumbai, India
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Investor details for Cult.fit

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Board of directors of Cult.fit

The boards of the 3 registered companies of Cult.fit currently have 9 directors; the longest-serving is Mukesh Bansal, appointed in 2016. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mukesh Bansal
DIN 01755822
Director24 May 201610 yrs 5 moCurefit Healthcare Private Limited
Vani Kola
DIN 01827653
Director09 Jul 201610 yrs 3 moCurefit Healthcare Private Limited
Sudhir Kumar Sethi
DIN 00058105
Director09 Jul 201610 yrs 3 moCurefit Healthcare Private Limited
Subrata Mitra
DIN 00570124
Nominee Director29 Aug 20188 yrs 2 moCurefit Healthcare Private Limited
Federico Alvarez Demalde
DIN 08415111
Director25 Jun 20197 yrs 4 moCultfit Healthcare Private Limited
Rishabh Telang
DIN 07322550
Whole-time director03 Sep 20197 yrs 1 moCultfit Healthcare Private Limited
Mujtabha Khursheed Magrey
DIN 08538256
Whole-time director04 Sep 20197 yrs 1 moCultfit Healthcare Private Limited, Curefit Services Private Limited
Vishesh Shrivastav
DIN 02159016
Director31 Mar 20206 yrs 7 moCurefit Healthcare Private Limited
Naresh Krishnaswamy
DIN 07912698
Additional Director08 Oct 20242 yrsCurefit Healthcare Private Limited, Curefit Services Private Limited

People of Cult.fit

56 people are tracked at Cult.fit (25 in leadership, 31 in team); the tracked headcount is 1,832.

NameRoleGroup
Co-FounderLeadership
Ankit Nagori
FounderLeadership
Co-FounderLeadership
Shriya Malpani
Creative DirectorLeadership
Shruti Walia
Head Of HRLeadership
Vimal Varghese
Human Resources Business PartnerLeadership
Priyanka Jha
Strategy & Planning, Founder’s OfficeLeadership
Preethi Shetty
Product HeadLeadership
Amanjot Matharu
Retail Head - Cult StoresLeadership
Shwethaa Santhanam
Quality HeadLeadership
Deepu Narayanan
Senior Art DirectorLeadership
Prerna Tirumalai
Chief Of StaffLeadership
Kanika Nayyar
Design Head- ArchitectLeadership
Ujjwal N
Senior Talent PartnerLeadership
Shraddha Ganiga
Senior Talent Acquisition - HR PartnerLeadership
Gaurav Luniya
Head Of Corporate DevelopmentLeadership
Richa Sinha
Sourcing HeadLeadership
Santhosh Kumar
Chief Technology OfficerLeadership
Darshan Kb
Head Of ITLeadership
Swaroop Bhartiya
Associate Creative Director - CopyLeadership

36 more people are available in the full profile.

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Financials of Cult.fit

Figures of Curefit Healthcare Private Limited, the primary company behind Cult.fit, for FY 2025. Revenue was ₹1,272 Cr (+24% year on year). Net loss was -₹481 Cr (-38% margin). EBITDA was -₹132 Cr (-10% margin). Revenue has grown at a compounded annual rate of +59% over three years and +18% over five years.

  • ₹1,272 CrRevenue · FY 2025 · +24% YoY
  • -₹481 CrNet loss · -38% margin
  • -₹132 CrEBITDA · -10% margin
  • ₹2.28 CrPaid-up capital
  • 220Employees (provident fund records)
  • +59%Revenue CAGR, 3 years
  • +18%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Curefit Healthcare Private Limited are on its company page.

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Detailed financial statements for Cult.fit

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Fitness memberships and training programs are provided by the company.
goldsgym.inMumbai, India2002Feb 2022β€’β€’β€’β€’
Home fitness solutions are provided for personal use.
onefitplus.comCanada2020Dec 2021β€’β€’β€’β€’
Fitness equipment is produced and supplied by FitKit.
fitkit.comStevensville, United States2009Dec 2021β€’β€’β€’β€’
Provider of an online booking platform for multiple sports
getfitso.comGurugram, India2015Nov 2021$50M
Online yoga training platform is provided for fitness enthusiasts.
tread.fitBengaluru, India2020Jun 2021β€’β€’β€’β€’
Gym bookings, fitness articles, and wellness discussions are enabled online.
fitternity.comMumbai, India2013Feb 2021β€’β€’β€’β€’
Personalized workout plans are delivered via a mobile fitness app.
onyx.fitSan Francisco, United States2018Jan 2021β€’β€’β€’β€’
Cold pressed juice as a supplement to a meal
rejoov.inBengaluru, India2015Apr 2019β€’β€’β€’β€’
Online therapy and counseling sessions are provided by qualified therapists.
seraniti.comBengaluru, India2015Nov 2018β€’β€’β€’β€’
Tech-enabled last-mile delivery for food, groceries, and medicines is provided.
opinioapp.comBengaluru, India2015Jul 2018β€’β€’β€’β€’
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Complete acquisition details for Cult.fit

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Timeline of Cult.fit

16 dated milestones of Cult.fit across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cult.fit is founded.
  2. Funding First funding round of $15.0M.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Opinio.
  5. Acquisition Acquires Seraniti.
  6. Acquisition Acquires Rejoov.
  7. Acquisition Acquires Onyx Fit.
  8. Acquisition Acquires Fitternity.
  9. Milestone Reaches Soonicorn status.
  10. Acquisition Acquires Tread.
  11. Milestone Reaches Unicorn status.
  12. Acquisition Acquires Fitso.
  13. Acquisition Acquires FitKit.
  14. Acquisition Acquires OneFitPlus.
  15. Acquisition Acquires Gold's Gym.
  16. Funding Latest funding round, Series F, of $47.0M.

Competitors of Cult.fit

Cult.fit has 3 listed competitors in our database, 3 of them funded. They include HealthifyMe, Flexifyme and Growfitter.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
healthifyme.com2012Bengaluru, India$145.25M
AI-powered personalized nutrition and fitness coaching is provided.
flexifyme.com2021Pune, India$3.41M35
Provider of a digital healthcare platform offering AI-powered physiotherapy and yoga programs
growfitter.com2016Mumbai, India$3.76M
An incentivized wellness platform is offered to promote healthy lifestyles.
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Web traffic of Cult.fit

The website of Cult.fit (cult.fit) receives about 1.2M visits a month and ranks #49,967 among all websites worldwide, #3,161 in Financial Planning and Management.

  • Monthly visits
    1.2M

    ▲ 20% vs previous month

  • Unique visitors
    521.4K

    per month

  • Global rank
    #49,967

    among all websites

  • Category rank
    #3,161

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with Cult.fit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cultsport.com
100%
26.6K#1,006,274View details
screener.in
screener.in
76%
#1,968–
groww.in
74%
60M#754View details
hdfcbank.com
72%
54.1M#641View details
icicibank.com
70%
22.8M#1,388View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Fitness & Wellness Platforms

2 companies that operate in the same segment as Cult.fit (Fitness & Wellness Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Health and fitness products are sold via an online platform.
2011Delhi, Delhi, IndiaUSD 176.24 MUSD 3.97 M2
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Related news about Cult.Fit

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Articles about Cult.fit on our blog

Frequently Asked Questions about Cult.fit

Cult.fit was founded in 2016.

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

Cult.fit is a funded company, having raised a total of $716.99M across 16 funding rounds to date. The company's 1st funding round was a Series C of $120M, raised on Jul 2016.

Cult.fit has 1,832 employees.

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.

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

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

Cult.fit has 101 investors. Key investors include Zomato, Axis Bank, HDFC Bank, Kotak Mahindra Bank, and Accel.

The valuation of Cult.fit is $1.37B as of Mar 2026.

Cult.fit is associated with 3 legal entities: Curefit Healthcare Private Limited, Cultfit Healthcare Private Limited, Curefit Services Private Limited.

The legal entities of Cult.fit currently have 9 directors, including Subrata Mitra, Mukesh Bansal, Naresh Krishnaswamy and others.

Yes. Cult.fit publishes cult.fit Health Fitness & Gyms and 1 more app, with over 10 million downloads.

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