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
Legal entities associated with CultFit
CultFit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CULTFIT HEALTHCARE PRIVATE LIMITED CIN: U74999TN2016PTC176668 , India, Active | Aug 05, 2016 | $68.9M (As on Mar 31, 2025) | 1015 (As on May 31, 2025) |
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 |
View details of CultFit's funding rounds and investors
CultFit's founders and board of directors
Founder? Claim ProfileThe 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:
- Ankit Nagori: Co-Founder of CultFit and founder of 9 other companies, including Eat.fit, EatFit and Cultsport. They are also an angel investor in 47 startups and serve on the boards of 3 companies.Contact Info: 1 email address
- Mukesh Bansal: Co-Founder & CEO of CultFit and founder of 6 other companies, including Nurix AI, Cultsport and Cult.fit. They are also an angel investor in 28 startups and serve on the boards of 4 companies.Contact Info: 3 email addresses
- Rishabh Telang: Co-Founder & CEO of CultFit and founder of 1 other company. They serve on the board of 1 company.
- Deepak Poduval: Co-Founder of CultFit. They serve on the board of 1 company.
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 |
View details of CultFit's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Anytime Fitness 2002, Woodbury (United States), Acquired | Operates and franchises fitness clubs | $4.49M | 77/100 | |
2nd | Chain of fitness centers | - | - | 44/100 | |
3rd | Chain of fitness centers | $316K | - | 40/100 | |
4th | 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 | The Pilates Studio 2011, Mumbai (India), Unfunded | Chain of physical fitness centers | - | - | 33/100 |
6th | Fitness brand offering personal and group fitness classes | $302K | 27/100 | ||
7th | 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 | The Tribe Fitness Club 2014, Bengaluru (India), Acquired | Chain of fitness centers providing group training | - | - | 25/100 |
9th | 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 | Provider of chain of fitness studios | - | 24/100 |
Looking for more details on CultFit's competitors? Click here to see the top ones
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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Cure.fit acquires mental healthcare startup SeranitiInshorts•Nov 20, 2018•Seraniti, cure.fit, , Kalaari Capital and 20 others
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CureFit acquires majority stake in The Tribe in bid to expand offline footprintLivemint•Jan 31, 2017•Curefit, The Tribe Fitness Club, Seraniti, CultFit and 2 others
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CureFit acquires controlling stake in Cult for $3 millionLivemint•Aug 25, 2016•Curefit, CultFit, Flipkart, Wipro and 1 other
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CureFit invests $3M in fitness company Cult for a majority stakeMediaNama•Aug 25, 2016•CultFit, Blume Ventures, Inventus Capital Partners, IDG Ventures
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