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, Cult.fit has 1832 employees, reflecting a 28% year-over-year growth in headcount.

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. Its primary sector is Fitness & Wellness Tech. In India, the Fitness & Wellness Tech sector has seen $133M in funding in 2026 to date.

What is the annual revenue of Cult.fit?

Annual revenue of Cult.fit is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Is Cult.fit a Fitness & Wellness Tech company?

The primary sectors of Cult.fit are Fitness & Wellness Tech, Employee Health IT and Fitness and Wellness Chains.

Where does Cult.fit rank among its competitors?

Cult.fit ranks 1st amongst 30 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Cult.fit, which secured $47.6M in Mar, 2026.

Who are the top competitors of Cult.fit?

Cult.fit's top competitors include Goqii, Growfitter and Bunkerfit. Among them, Cult.fit secured the most recent funding round in March, 2026.

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

Cult.fit is a series G company based in Bengaluru (India), founded in 2016 by Ankit Nagori, Mukesh Bansal and Rishabh Telang. It operates as a Provider of fitness memberships encompassing group classes, gyms, and at-home workouts. Cult.fit has raised $714M in funding from investors like Accel, Kalaari Capital and Chiratae Ventures, with a current valuation of ₹12,600Cr. The company has 30 active competitors, including 5 that are funded. Its top competitors include companies like Goqii, Growfitter and Bunkerfit.

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 & 100 more

Ranked

1^st among 30 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

1,832 as on Apr 30, 2025

Investment & Acquisitions

ApClub & 18 more

Similar Companies

Exos & 780 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)
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)
CULT.FIT PRIVATE LIMITED CIN: U74999TN2016PTC176669 , India, Active	May 24, 2016	₹1,000+ Cr (As on Mar 31, 2025)	8 (As on Aug 01, 2025)
Curefit Logistics Private Limited CIN: U63030KA2016PTC096886 , India, Active	Oct 02, 2016	-	243 (As on May 31, 2025)
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)
CULTSPORT PRIVATE LIMITED CIN: U74999KA2016PTC096227 , India, Active	Sep 02, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	712 (As on Aug 31, 2025)
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 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 64 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	-	-	Temasek	-
Mar 29, 2025	$2M	Series F	-	-	-	-
Oct 27, 2023	$10.2M	Series F	-	-	Valecha Investments, L and K Wellness, Exceed Entertainment	Gul Advani, Sangeeta Mansharmani, Shraddha Sheth, Nikhil Kakkar, Prashant Machwe, Surendra Kedia

Access funding benchmarks and valuations. Sign up today!

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

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

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

Ankit Nagori: Former Co-Founder of Cult.fit and founder of 9 other companies, including Cult Store, EatFit and Cultsport. They are also an angel investor in 48 startups and serve on the boards of 4 companies.
Contact Info: 1 phone number
Mukesh Bansal: Co-Founder of Cult.fit and founder of 8 other companies, including Cult Store, Lyskraft and Nurix. They are also an angel investor in 26 startups and serve on the boards of 5 companies.
Contact Info: 4 email addresses and 2 phone numbers
Rishabh Telang: Co-Founder of Cult.fit and founder of 1 other company. They serve on the board of 1 company.

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 1m
Naresh Krishnaswamy	Team	-	Current	0y 3m
Subrata Mitra	Investor	Accel	Current	7y 10m
Shamik Das Sharma	Independent board member	-	Current	5y 3m
Sudhir Kumar Sethi	Independent board member	-	Current	10y 0m
Vishesh Shrivastav	Independent board member	-	Past	6y 3m

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:

Uncover Cult.fit's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Cult.fit include Goqii, Growfitter and Bunkerfit. 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	Innoven Capital, Fireside Ventures & 99 others	84/100
2nd	Goqii 2014, Redwood City (United States), Series C	Provider of a wearable wristband integrated with personalized coaching	$110M	New Enterprise Associates, Timesgroup & 35 others	58/100
3rd	Growfitter 2016, Mumbai (India), Seed	Provider of an incentivized wellness platform promoting healthy lifestyles	$2.7M	Alchemist Accelerator, Venture Catalysts ... & 98 others	49/100
4th	Bunkerfit 2020, Gurugram (India), Seed	Online platform offering employee wellness programs	$263K	Rainmatter, Airtel & 18 others	42/100
5th	Getactive 2009, Bengaluru (India), Seed	Retailer of home health equipment and supplies	$1.67M	NationWide Primary Healthcare, Parkview Health ... & 17 others	32/100
6th	Flashfittraining Coimbatore (India), Unfunded	Fitness and wellness center providing physical, emotional, and intellectual development	-	-	31/100
7th	MyEasyPharma 2023, Bengaluru (India), Unfunded	AI-powered platform corporate wellness programs	-	-	29/100
8th	FitSecret 2018, Korba (India), Deadpooled	Mobile app offering a wide range of fitness and wellness services	-	-	28/100
9th	Office Hours 2020, Mumbai (India), Unfunded	Provider of physical fitness and nutrition monitoring app for employees	-	-	27/100
10th	FITology 2016, Gurugram (India), Unfunded	Personalized wellness programs for employees	-	-	27/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

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

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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	10.31%	1,300Cr	1248910	7385179	8869746	3958918
Mukesh Bansal	4000812	9997396	2129913	6204734	3321035	7552467
Fund	64.86%	8,200Cr	9924905	3466014	4375493	4234867
Temasek	4504338	7640671	1791646	4994212	2525873	6445091
Accel	3043360	8597937	1602787	5940929	5374509	2337089
Kalaari Capital	32322	76621	69496	92734	65682	47292
Chiratae Ventures	6540	4469	3230	8740	2305	5156
RNT Associates	73	21	20	35	42	17
Epiq Capital	3	8	4	3	6	1
Sixth Sense Ventures	1	5	1	8	8	7
Ascent Capital	6	8	7	3	1	2
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	3387107	6234697	3647396	4357405
Angel	5.48%	693Cr	88537	91783	60044	27176
Bruno Raschle	7	8	3	7	3	3
Ratan N 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	3	1	8	7
ESOP Pool	7.45%	942Cr	5456186	4824561	7270032	5066290
Total	100.00%	12,800Cr	6066520	8124855	3881625	7474967

To unlock detailed Cap Table of Cult.fit Sign up today!

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

Disclaimer

View more details of Cult.fit's Shareholding

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)