| Date | Title | Description |
| 10.10.2024 | Ratan Tata: 10 Startups He Invested in that Turned Unicorn Over the years, Tata had invested in several startups, many of which went on to become unicorns. Let's take a look at some of the unicorns th... | Tata Sons' Chairman Emeritus Ratan Tata's demise is a giant loss for India Inc. – both for the large corporates and the startup ecosystem.
Tributes poured in from leaders across industries.
"India has lost a giant, a visionary who rede... |
| 01.10.2024 | Endiya Partners appoints former NephroPlus exec as director | Premium
Credit: 123RF.com
Early-stage venture capital firm Endiya Partners, which has incubated companies such as Darwinbox, Cult.fit and Kissht, has appointed a former NephroPlus executive as director. The appointment comes amid the VC fir... |
| 26.09.2024 | AI Cloud software Aarna.ml raised $6.7 M Series A funding | The free and open-source GPU-as-a-Service (GPUaaS) AI Cloud software Aarna.ml has raised $1.25 million from Exfinity Venture Partners in a Series A funding round.
In October 2023, the company had previously raised $5.5 million in funding, w... |
| 24.09.2024 | Mukesh Bansal's Nurix AI: A New Dawn in Enterprise AI Solutions | In the bustling tech landscape of Bengaluru, a new player is making waves. Mukesh Bansal, the co-founder of Myntra and Cult.fit, has launched Nurix AI, a startup that recently secured a hefty $27.5 million in funding. This investment comes ... |
| 24.09.2024 | Mukesh Bansal’s latest venture Nurix AI bags $27.5M from General Catalyst, Accel
Recommended Stories For You | Nurix AI, an agentic AI services company founded by Mukesh Bansal, the co-founder of Myntraand Cultfit, has raised $27.5 million in seed-Series A funding (divided into two tranches) co-led by General Catalystand Accel, with participat... |
| 24.09.2024 | Myntra co-founder Mukesh Bansal gets VC funding for new startup Nurix AI | Mukesh Bansal (centre) with other members of Nurix AI's founding team
Mukesh Bansal, the co-founder of e-commerce firm Myntra and fitness services company Cult.fit, has secured funding for his latest startup Nurix AI from venture capital fi... |
| 24.09.2024 | Mukesh Bansal’s Nurix AI bags $27.5 Mn from Accel, General Catalyst, Meraki Labs | Mukesh Bansal’s Nurix AI has secured $27.5 million in funding co-led by General Catalyst and Accel, with participation from Meraki Labs.
The funding is cumulative of seed and series A rounds. The startup raised $12.5 million in seed funding... |
| 26.05.2024 | BharatPe, PhonePe settle all trademark disputes over ‘Pe’ suffix | Fintech firms BharatPe and PhonePe today jointly announced that they have amicably settled all long-standing legal disputes pertaining to the usage of the trademark with the suffix ‘Pe’. Both companies had been involved in long-drawn legal ... |
| 10.04.2024 | Reshuffle At Cult.fit: Naresh Krishnaswamy Elevated As CEO, Mukesh Bansal Becomes Chairman | SUMMARY
Krishnaswamy was made the CEO internally in October but the move was not formally announced
The new CEO is said to have been running the show and managing all key operations at the fitness startup since Bansal moved to Tata Digital ... |
| 10.04.2024 | Tech upskilling startup Scaler lays off 150 employees | Tech upskilling startup Scaler has laid off around 150 employees citing long-term growth and sustainability. This is the first instance of layoffs at the Bengaluru-based company since its inception in 2019.
“At Scaler, we’ve always believed... |
| 10.04.2024 | Cult.fit elevates Naresh Krishnaswamy as CEO, Mukesh Bansal becomes chairman | Fitness tech company Cult.fit has elevated its co-founder Naresh Krishnaswamy as the chief executive officer. He will succeed co-founder and long-time CEO Mukesh Bansal, who now takes over the role of the company’s executive chairman.
Krish... |
| 09.04.2024 | Maruti Suzuki Expands Manesar Plant's Capacity, Air India Addresses Uniform Issues, Indian Tech Startups See Decline in Layoffs | Maruti Suzuki India has boosted the production capacity of its Manesar facility by 100,000 units per annum, aiming to double its capacity to 4 million vehicles per annum in the next 7-8 years. The expansion includes a new vehicle assembly l... |
| 09.04.2024 | Layoffs by Indian tech startups dip 60% in Jan-March this year, says report | Indian technology startups laid off more than 2,000 workers in the first quarter of the calendar year, but that’s 60 per cent less compared to the same period last year, according to a tracking website.
The layoffs declined occurred at a ti... |
| 19.03.2024 | DS Group's Pulse Candy Shines a Light on Local Heroes this World Compliment Day | New Delhi, Delhi, India
In celebration of World Compliment Day, Pass Pass Pulse, a prominent hard-boiled candy brand from the DS Group, a multi-business corporation, and FMCG conglomerate, commemorated the occasion with a heartfelt campaign... |
| 18.03.2024 | Binny Bansal’s Three State Ventures invests $25 Mn in Curefoods | Cloud kitchen startup Curefoods has raised an additional capital of $25 million in its Series D round from Three State Ventures, a fund launched by Flipkart co-founder Binny Bansal.
The company raised $36 million in the first tranche of Ser... |
| 26.02.2024 | Tata Digital-backed Cult.fit raises $10 million in funding round led by Valecha Investments | IANS
Health and fitness platform Cult.fit has raised Rs 84.5 crore (around $10.2 million) in a round led by existing backer Valecha Investments, which contributed over Rs 36 crore.
Other participants in the round include Gul Advani of Sun-n... |
| 26.02.2024 | Health & wellness platform Cult.fit raised additional Rs 84.5 Cr Series F funding | With the help of current backer Valecha Investments, the health and wellness platform Cult.fit (formerly Cure.fit) has raised an additional Rs 84.5 crore, or $10.2 million, in an extended Series F round. The funding for the Bengaluru-based ... |
| 23.01.2024 | Exclusive: CureFit Lays Off 120 Employees In A Restructuring Exercise | SUMMARY
CureFit’s restructuring exercise impacted employees across its brands like Sugar.fit, Carefit, Cultfit, among others
In a statement, CureFit said it reduced “some redundant positions” to streamline operations and improve productivit... |
| 12.09.2023 | Cult.fit Launches Evolve Yoga: A New Frontier in Fitness and Wellness | Bengaluru, Karnataka, India
Cult.fit, India’s leading health and fitness brand, today announced the launch of Evolve Yoga, a new evidence-based, transformative yoga format designed to enhance flexibility and mobility. Along with Dance Fitne... |
| 29.08.2023 | Cult.fit Marks 100 Franchise Sign-ups, Paving the Way to a Healthier India | Bengaluru, Karnataka, India
Cult.fit, India’s leading fitness services brand, today announced that it has achieved a total of 100 successful sign-ups for franchised centers across the nation. This milestone reflects the company’s unwavering... |
| 20.10.2022 | Well-being - дань моде или залог успешного бизнеса? | Аналитическая компания Dsight подготовила обзор трендов и специфики развития рынка well-being. В нашем обзоре мы расскажем о том, что такое well-being, дадим характеристику рынка и подсветим актуальные тренды, также вас ждет разбор российск... |
| 24.03.2022 | COVID-19 Wipes Out 67% Of CureFit Sales In FY21, Losses Stands At INR 671 Cr | Zomato-backed fitness startup CureFit saw its sales revenue dwindle down by 67.4% in the financial year ending on March 31, 2021. Mukesh Bansal-led CureFit, which entered the unicorn club last year, posted a total revenue of INR 294.9 Cr in... |
| 03.12.2021 | Fitness startup Curefit raises $145 million in funding led by Zomato | Advertisment
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| 10.11.2021 | cult.fit announced that it expects to receive $50 million in funding from Zomato Limited | Cult. fit announced that it will receive $50,000,000 in an equity round of funding on November 10, 2021. The transaction will include participation from Zomato Limited. The transaction has been approved by the board of directors of the inve... |
| 08.07.2021 | High-Stakes: Kalaari Capital | High-Stakes is a unique series that focuses on dissecting the investments of venture capital and private equity firms to gain insights into the portfolio of companies they’ve invested in, industries they focus on, and their investment proce... |
| 07.06.2021 | The SoftBank bets that aren’t doing so great | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox.
The narrative around SoftBank’s Vision Fund did a 180 over the last year, as the pandemic superch... |
| - | Exclusive: CureFit Raises $145 Mn From Temasek, South Park Commons, Zomato | Tata-backed fitness startup CureFit has raised around $145 Mn (INR 1,088) Cr led by Zomato along with San Francisco-based South Park Commons at a valuation of $1.4 Bn.
Singapore’s Temasek and Accel Partners also participated in the fresh ro... |
| - | Tata Invests $75 Mn In Curefit; Cofounder Mukesh Bansal Joins As Tata Digital President | After BigBasket and 1mg, Tata Digital has invested $75 Mn in health and fitness startup Curefit, with Curefit cofounder Mukesh Bansal joining Tata Digital as its president.
The digital services subsidiary of the Tata Group said in a stateme... |
