When was Cult.fit founded?

Cult.fit was founded in 2016 and became a unicorn in 2021.

Where is Cult.fit located?

Cult.fit is headquartered in Bengaluru, India. It is registered at NEW NO.10, OLD NO.28, SHANKARALAYA, 2ND FLOOR, 3RD CROSS STREET RK NAGAR, RA PURAM, MANDAVELI, Raja Annamalaipuram, Chennai, Chennai City Corporation, Tamil Nadu, India, 600028.

Which legal entities is Cult.fit associated with?

Cult.fit is associated with CULT.FIT PRIVATE LIMITED and 6 others.

How many employees does Cult.fit have?

As of Apr 30, 2025, the latest employee count at Cult.fit is 1832.

Is Cult.fit a funded company?

Cult.fit is a funded company, having raised a total of $714M across 16 funding rounds to date. The company's 1st funding round was a $15M Series A round, raised on Jul 04, 2016.

How much is Cult.fit worth?

The latest valuation of Cult.fit is ₹12,600Cr as of Mar 17, 2026.

When was the latest funding round of Cult.fit?

Cult.fit's latest funding was a $47.6M Series G round on Mar 17, 2026, with participation from 1 investor.

What is the annual revenue of Cult.fit?

Annual revenue of Cult.fit is more than ₹1,000 Cr as on Mar 31, 2026

Is Cult.fit a Fitness & Wellness Tech company?

The primary sectors of Cult.fit are Fitness & Wellness Tech and Fitness and Wellness Chains.

Where does Cult.fit rank among its competitors?

Cult.fit ranks 1st amongst 18 active competitors, only 1 of which is funded. Cult.fit, which secured $47.6M in Mar, 2026.

Who are the top competitors of Cult.fit?

Cult.fit's top competitors include FitSecret, https://karihealing.com and DPOD Labs. Among them, Cult.fit secured the most recent funding round in March, 2026.

Cult.fit - 2026 Company Profile, Team, Funding, Competitors & Financials

Sectors and market segments that Cult.fit operate in

Cult.fit serves in the HealthTech, Healthcare market segments.The primary business model of Cult.fit are:

Company Details

Provider of fitness memberships encompassing group classes, gyms, and at-home workouts. It offers various membership tiers providing access to different combinations of in-person and virtual fitness options. These options include group fitness classes led by trainers, access to gyms with varying levels of equipment and amenities, and live at-home workout sessions. Memberships also incorporate access to sports activities such as badminton and swimming. The company also provides coaching programs focused on weight loss and wellness resources. The offerings aim to create a holistic fitness experience.

Website: www.cult.fit/
Social
Email ID: *****@cult.fit
Part Of
Registered Address: NEW NO.10, OLD NO.28, SHANKARALAYA, 2ND FLOOR, 3RD CROSS STREET RK NAGAR, RA PURAM, MANDAVELI, Raja Annamalaipuram, Chennai, Chennai City Corporation, Tamil Nadu, India, 600028

Key Metrics

Founded Year

2016

Location

Bengaluru, India

Stage

Series G

Total Funding

$714M in 16 rounds

Latest Funding Round

Series G, Mar 17, 2026, $47.6M

Post Money Valuation

₹12,600Cr as on Mar 17, 2026

Investors

Accel & 101 more

Ranked

1^st among 18 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

1,832 as on Apr 30, 2025

Investment & Acquisitions

ApClub & 18 more

Similar Companies

Holly Health & 302 more

View Cult.fit's full profile

Cult.fit is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
CULTGEAR PRIVATE LIMITED CIN: U74999TN2017PTC177594 , India, Active	Nov 07, 2017	₹50 - ₹100 Cr (As on Mar 31, 2025)	415 (As on Feb 29, 2024)
CUREFIT SERVICES PRIVATE LIMITED CIN: U74110TN2016PTC176487 , India, Active	Oct 03, 2016	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	183 (As on Mar 01, 2026)
DIVERSE RETAILS PRIVATE LIMITED CIN: U74999KA2016PTC098488 , India, Active	Dec 15, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	69 (As on Apr 01, 2026)
CULT.FIT PRIVATE LIMITED CIN: U74999TN2016PLC176669 , India, Active	May 24, 2016	₹1,000+ Cr (As on Mar 31, 2026)	8 (As on Aug 01, 2025)
CULTFIT HEALTHCARE PRIVATE LIMITED CIN: U74999TN2016PTC176668 , India, Active	Aug 05, 2016	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	915 (As on Aug 01, 2025)
Curefit Logistics Private Limited CIN: U63030KA2016PTC096886 , India, Active	Oct 02, 2016	-	243 (As on May 31, 2025)
CULTSPORT PRIVATE LIMITED CIN: U74999KA2016PTC096227 , India, Active	Sep 02, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	561 (As on May 31, 2026)

Cult.fit has raised a total funding of $714M over 16 rounds. Its first funding round was on Jul 04, 2016. Its latest funding round was a Series G round on Mar 17, 2026 for $47.6M. 1 investor participated in its latest round. Cult.fit has 65 institutional investors and 37 angel investors.

Here is the list of recent funding rounds of Cult.fit:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 17, 2026	$47.6M	Series G	$1.37B	-	Temasek	-
Mar 29, 2025	$2M	Series F	$1.43B	-	-	-
Oct 27, 2023	$10.2M	Series F	$1.45B	-	Valecha Investments, L and K Wellness, Exceed Entertainment	Gul Advani, Sangeeta Mansharmani, Shraddha Sheth, Nikhil Kakkar, Prashant Machwe, Surendra Kedia

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View details of Cult.fit's funding rounds and investors

The founders of Cult.fit are Mukesh Bansal, Ankit Nagori, Rishabh Telang and Sudhir Kumar.

Here are the details of Cult.fit's key team members:

Mukesh Bansal: Co-Founder of Cult.fit and founder of 9 other companies, including Nuplay AI, Cult Store and Lyskraft. They are also an angel investor in 26 startups and serve on the boards of 6 companies.
Contact Info: 4 email addresses and 2 phone numbers
Ankit Nagori: Former Co-Founder of Cult.fit and founder of 8 other companies, including Cult Store, Cultsport and Eat.fit. They are also an angel investor in 47 startups and serve on the boards of 3 companies.
Contact Info: 1 phone number
Rishabh Telang: Co-Founder of Cult.fit and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Sudhir Kumar: Founder Of Quad The Fitness Hub . of Cult.fit.

Cult.fit's Board of Directors

Cult.fit's board has 6 active members. Mukesh Bansal, Subrata Mitra and Naresh Krishnaswamy are part of team and Shamik Das Sharma, Vishesh Shrivastav and Sudhir Kumar Sethi are independent board members.

Here is the list of Cult.fit's board of directors:

Name	Type	Representing	Status	Duration
Mukesh Bansal	Team	-	Current	10y 4m
Naresh Krishnaswamy	Team	-	Current	2y 0m
Subrata Mitra	Investor	Accel	Current	8y 1m
Shamik Das Sharma	Independent board member	-	Current	5y 6m
Sudhir Kumar Sethi	Independent board member	-	Current	10y 3m
Vishesh Shrivastav	Independent board member	-	Past	6y 6m

View details of Cult.fit's Founder profiles and Board Members

Cult.fit's employee count trend

Cult.fit has 1,832 employees as of Apr 25. The total employee count is 28.0% more than what it was in Apr 24. Here is Cult.fit's employee count trend over the years:

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Top competitors of Cult.fit include FitSecret, https://karihealing.com and DPOD Labs. Here is the list of Top 10 competitors of Cult.fit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cult.fit 2016, Bengaluru (India), Series G	Provider of fitness memberships encompassing group classes, gyms, and at-home workouts	$714M	Chiratae Ventures, Temasek & 100 others	86/100
2nd	FitSecret 2018, Korba (India), Deadpooled	Mobile app offering a wide range of fitness and wellness services	-	-	28/100
3rd	https://karihealing.com Bengaluru (India), Funding Raised	Developer of physiological monitoring systems for stress management and performance	-	C-CAMP	26/100
4th	DPOD Labs 2019, Bengaluru (India), Unfunded	Software provider for online clinic for disease management for healthcare professionals	-	-	24/100
5th	Hexa Health Dimensions 2019, Mumbai (India), Unfunded	Provider of multiple fitness services	-	-	24/100
6th	Fittbot 2024, Bengaluru (India), Unfunded	Provider of a fitness tracking and planning app for gyms and individuals	-	-	23/100
7th	Habbfit 2021, Vellore (India), Unfunded	Provider of online coaching, nutrition guidance, and fitness workout programs	-	-	23/100
8th	TrainE 2017, Bengaluru (India), Unfunded	Provider of an application for nutrition, fitness training, and tracking	-	-	23/100
9th	AltHeal 2020, Hyderabad (India), Unfunded	Online platform offering multiple fitness and wellness services	-	-	21/100
10th	Fit Zone 2023, Bengaluru (India), Unfunded	Online platform offering multiple fitness and wellness services	-	-	18/100

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Looking for more details on Cult.fit's competitors? Click here to see the top ones

CULT.FIT PRIVATE LIMITED, the legal entity associated with Cult.fit, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of CULT.FIT PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 42% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	7312	9652	3948	4370	4421
Total Sales	8709	6356	3744	1131	5025
Total Expenses	8406	2087	7398	4676	7077
Operating Expenses	3886	8066	2269	8522	7157
Employee Expenses	3656	1633	8777	5277	1341
Marketing Expenses	4857	7166	7611	6529	9858
Operating Income (EBIT)	3452	5499	5783	2135	4643
Interest Expenses	4125	5998	8601	7240	5301
Expenses from other activities	8193	6796	1303	2355	4263
Information Technology Expenses	4930	6470	7503	2949	9063
EBITDA	6411	1300	8611	6701	7932
Taxes	4463	3190	1395	5457	5176
Net Profit	7123	2557	2745	1211	1229
Balance Sheet
Assets	8564	7123	4263	6025	9073
Cash Equivalent	1005	4738	6979	7110	7653
Accounts Receivables	1230	2005	3170	9561	8212
Inventory	8720	4696	3622	8175	9395
Liabilities	7673	4879	9959	6133	3338
Total Debt	6542	1755	1958	1454	3091
Accounts Payable	6997	5270	1796	8085	9977
Equities	9945	1230	4955	2276	1920
Cashflow Statement
Cash from Operating activities	8034	9119	9014	5236	9032
Cash from Investing activities	3433	7750	8210	7210	7586
Net cash from Financing activities	3203	4583	7533	3429	6933

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 10.31%, Funds (largest shareholder) own 64.86%, Enterprises own 12.04% and Angels own 5.48%. The net worth of Cult.fit's founders is INR 1,300Cr as of Mar 17, 2026. The cap table displayed below is for CULT.FIT PRIVATE LIMITED which is the legal entity associated with Cult.fit.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	10.31%	1,300Cr	2474887	1225092	2589681	9814178
Mukesh Bansal	6314957	5882568	6127133	7390828	2271995	8395366
Fund	64.86%	8,200Cr	5486977	8763441	6516934	8651664
Temasek	1135171	9969292	8761160	5286665	1628619	1163218
Accel	7574974	3411983	3470576	5359697	2498940	8242266
Kalaari Capital	42590	32653	81009	48037	33347	64575
Chiratae Ventures	7800	4512	8124	8917	2651	3996
RNT Associates	19	96	70	74	11	94
Epiq Capital	3	3	6	1	8	2
Sixth Sense Ventures	6	1	7	3	3	8
Ascent Capital	5	3	4	1	2	3
Valecha Investments	0	0	0	0	0	0
South Park Commons	0	0	0	0	0	0
Hadley Family Trust	0	0	0	0	0	0
Satyadharma Investments	0	0	0	0	0	0
Makan Family Trust	0	0	0	0	0	0
Trifecta Capital	0	0	0	0	0	0
Castle Investment And Industries	0	0	0	0	0	0
360 One	0	0	0	0	0	0
Ananth Sankaranarayanan Family Trust	0	0	0	0	0	0
McGovern Family Trust	0	0	0	0	0	0
Endiya Partners	0	0	0	0	0	0
Doli Trading and Investments	0	0	0	0	0	0
Fireside Ventures	0	0	0	0	0	0
Surge	0	0	0	0	0	0
Anand Piramal Trust	0	0	0	0	0	0
Mehrotra Living Trust	0	0	0	0	0	0
Redwood Trust	0	0	0	0	0	0
Rajaram Family	0	0	0	0	0	0
RA Trust	0	0	0	0	0	0
Unilever Ventures	0	0	0	0	0	0
FPGA Family Foundation	0	0	0	0	0	0
Enterprise	12.04%	1,520Cr	1148463	5007639	4334207	5412257
Angel	5.48%	693Cr	16895	69455	56960	73011
Bruno Raschle	6	2	4	3	8	3
Ratan Naval Tata	0	0	0	0	0	0
Gul Advani	0	0	0	0	0	0
Sangeeta Mansharmani	0	0	0	0	0	0
Vilas Dhar	0	0	0	0	0	0
Julia Dhar	0	0	0	0	0	0
Kalyan Krishnamurthy	0	0	0	0	0	0
Surendra Kedia	0	0	0	0	0	0
Raveen Sastry	0	0	0	0	0	0
Peeyush Ranjan	0	0	0	0	0	0
Shraddha Sheth	0	0	0	0	0	0
Nikhil Kakkar	0	0	0	0	0	0
Prashant Machwe	0	0	0	0	0	0
Paras Sanghvi	0	0	0	0	0	0
Binny Bansal	0	0	0	0	0	0
Other People	1.21%	153Cr	6	3	4	5
ESOP Pool	7.45%	942Cr	6038301	9834017	5282243	2211097
Total	100.00%	12,800Cr	9852505	1428868	1459230	1640532

Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

Cult.fit has made 4 investments in companies including ApClub and sugar.fit. Cult.fit has also acquired 15 companies including Gold's Gym and FitKit.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 22, 2025	Investments	ApClub	2023	Bengaluru (India)
Mar 13, 2024	Investments	sugar.fit	2021	Bengaluru (India)
Oct 12, 2023	Investments	sugar.fit	2021	Bengaluru (India)