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CultFit - About the company

CultFit is an acquired company based in Bengaluru (India), founded in 2015 by Ankit Nagori, Mukesh Bansal, Rishabh Telang and Deepak Poduval. It operates as a Chain of fitness centers. CultFit has raised $316K in funding. The company has 33 active competitors, including 1 funded and 5 that have exited. Its top competitors include companies like Anytime Fitness, Multifit and Gold's Gym.

Company Details

Website
cultfit.in
Registered Address
NEW NO.10, OLD NO.28, SHANKARALAYA, 3RD CROSS STREET RK NAGAR, RA PURAM, Raja Annamalaipuram, Chennai, Chennai City Corporation, Tamil Nadu, India, 600028
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Acquired
Total Funding
$316K in 1 round
Latest Funding Round
Ranked
Annual Revenue
₹582Cr as on Mar 31, 2025
Employee Count
799 as on Oct 31, 2024
Similar Companies
Exit Details
Acquired by Cult.fit (Aug 24, 2016)

CultFit's acquisition details

CultFit got acquired by Cult.fit on Aug 24, 2016 at an acquisition amount of $3M.
Click here to take a look at CultFit's acquisition in detail
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CultFit's funding and investors

CultFit has raised a total funding of $316K over 1 round.

Here is the list of recent funding rounds of CultFit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 05, 2016
3335212
Angel
9677788
6279733
3434618
6046565
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CultFit's founders and board of directors

Founder? Claim Profile
The founders of CultFit are Ankit Nagori, Mukesh Bansal, Rishabh Telang and Deepak Poduval. Rishabh Telang is the CEO of CultFit.
Here are the details of CultFit's key team members:

CultFit's Board of Directors

CultFit's board has 2 active members. Rishabh Telang and Deepak Poduval are part of team.
Here is the list of CultFit's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 7m
Team
-
Current
9y 7m

CultFit's employee count trend

CultFit has 799 employees as of Oct 24. The total employee count is 20.0% lower than what it was in Oct 23. Here is CultFit's employee count trend over the years:
Employee count trend for CultFit
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CultFit's Competitors and alternates

Top competitors of CultFit include Anytime Fitness, Multifit and Gold's Gym. Here is the list of Top 10 competitors of CultFit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Anytime Fitness
Anytime Fitness
2002, Woodbury (United States), Acquired
Operates and franchises fitness clubs
$4.49M
77/100
2nd
Logo for Multifit
Multifit
2015, Pune (India), Acquired
Chain of fitness centers
-
-
44/100
3rd
Logo for CultFit
CultFit
2015, Bengaluru (India), Acquired
Chain of fitness centers
$316K
-
40/100
4th
Logo for Gold's Gym
Gold's Gym
2002, Andheri (India), Acquired
Provider of fitness center memberships and fitness training programs. It offers various fitness programs, including personal training, group fitness classes, and corporate wellness programs. The company also operates a fitness institute that trains and certifies fitness professionals. Memberships provide access to fitness facilities and equipment. Corporate wellness programs are tailored to meet the needs of businesses seeking to improve employee health and well-being. The fitness institute offers courses and certifications in various fitness disciplines.
-
-
36/100
5th
Logo for The Pilates Studio
The Pilates Studio
2011, Mumbai (India), Unfunded
Chain of physical fitness centers
-
-
33/100
6th
Logo for KnoxFit
KnoxFit
2020, Delhi (India), Seed
Fitness brand offering personal and group fitness classes
$302K
27/100
7th
Logo for DCAMP
DCAMP
2013, Coimbatore (India), Unfunded
Provider of integrated fitness programs, dietary plans, and recreational activities. It offers a holistic wellness approach combining diverse fitness programs, such as trampoline and ninja classes, with customized diet plans. The company also provides recreational activities and organizes fitness events. Its services aim to help individuals achieve their fitness goals through a balanced approach to exercise and nutrition.
-
-
27/100
8th
Logo for The Tribe Fitness Club
The Tribe Fitness Club
2014, Bengaluru (India), Acquired
Chain of fitness centers providing group training
-
-
25/100
9th
Logo for Gethin Gyms
Gethin Gyms
2013, Hyderabad (India), Unfunded
Provider of fitness centers and personalized training programs. It offers a superior fitness experience with cutting-edge technology and specialized equipment. The programs are customized to individual goals, guided by expert trainers. The facilities include both indoor and outdoor workout spaces, and thoughtfully designed lounges. The company aims to help clients transform their bodies, minds, and confidence. A mobile application provides additional support for workout and diet planning, progress tracking, and exclusive offers.
-
-
24/100
10th
Logo for Chisel
Chisel
2015, Bengaluru (India), Funding Raised
Provider of chain of fitness studios
-
24/100
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CultFit's Investments and acquisitions

CultFit has made no investments or acquisitions yet.

Reports related to CultFit

Here is the latest report on CultFit's sector:

News related to CultFit

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