Tuesday, February 28, 2017

Ratan Tata and Hrithik Roshan to invest in Health startup CureFit

Ratan Tata and Hrithik Roshan in discussion to invest in Health startup CureFit. CureFit is founded by former Flipkart executives Mukesh Bansal and Ankit Nagori.

CureFit already raised $20 million from various investors like Kalaari Capital, Accel Partners and IDG Ventures.

Hrithik Roshan said This partnership will mostly be a cash-plus-equity deal.

Also read: Mukesh Bansal startup CureFit acquired Tribe Fitness

Tata's new venture fund with University of California Investments is also in talks to invest in CureFit. Tata is already an angel investor in CureFit.

CureFit operates as a direct seller of services rather than a marketplace. Under it, there are four companies - CureFit Logistics, New World Inventions, CureFit Healthcare and Curefoods - to build a platform comprising fitness, health food and other services.



I am Supriya, a professional blogger. Follow me in Twitter, Facebook and Google plus for more discussion.