Cure.fit

Overview

Cure.fit, now commonly branded as Cult.fit, is an integrated health and wellness platform established in 2016 by Mukesh Bansal and Ankit Nagori. Headquartered in Bangalore, India, the company offers a diverse range of services encompassing fitness, nutrition, mental health, and primary healthcare. Originally, Cure.fit garnered significant attention for its holistic approach to health, combining digital and offline experiences. Over the years, the company has raised substantial capital, with a total funding amount exceeding $400 million from prominent investors such as Kalaari Capital, Accel Partners, and Oaktree Capital.

Recent Developments

In recent years, Cure.fit has witnessed several notable developments:

  • 2025: Cure.fit announced an aggressive expansion plan to enter the Japanese market, aiming to replicate its successful hybrid model of digital and offline services. The company is also enhancing its service personalization through AI and data analytics, aiming to offer more tailored health plans to its users.
  • 2024: The rebranding to "Cult.fit" marked a strategic shift. This year also saw significant organizational restructuring, including layoffs affecting approximately 150 employees, representing a major personnel adjustment in over three years. Despite workforce reductions, Cure.fit expanded into the U.S. market, offering digital services such as fitness routines, therapy, and yoga. The U.S. expansion was bolstered by the incorporation of wearable technology initiatives aimed at enhancing user engagement.
  • Late 2023: Cure.fit introduced its Energy Meter technology in the U.S., allowing users to track their physical activities through smartphone cameras, enhancing the immersive experience of home fitness regimes.
  • 2022: Cure.fit launched several new service lines and increased its focus on wearable technology, integrating these developments into its overall service offerings to better cater to consumer demand for home-based fitness solutions during the pandemic. The company's valuation climbed significantly as it expanded services across India and ventured into international markets.

Company Information

AttributeInformation
Founding Date2016
HeadquartersBangalore, India
FoundersMukesh Bansal, Ankit Nagori
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsKalaari Capital, Accel Partners, Oaktree Capital, Temasek
IndustryHealth and Wellness
Number of EmployeesApproximately 2,000 (2025)

Early History

Cure.fit was founded in 2016 by serial entrepreneurs Mukesh Bansal and Ankit Nagori. Bansal, known for co-founding Myntra, joined forces with Nagori, leveraging their extensive experience in tech and e-commerce to enter the burgeoning health and wellness industry. The venture aimed to revolutionize how individuals approach their health by integrating physical fitness, mental well-being, and nutrition into a single cohesive platform. Initially launching in Bangalore, Cure.fit rapidly gained traction by focusing on technology-driven solutions and expanding its services across major Indian cities.

Company Profile and Achievements

Cure.fit operates on a hybrid business model that incorporates both online and offline services, catering to a broad audience. The company's main service domains include Cult.fit for fitness-related activities, Mind.fit focusing on mental health and meditation, Eat.fit delivering healthy food options, and Care.fit offering primary healthcare services. Over the years, Cure.fit has been recognized for several achievements:

  • Service Integration: Offers a seamless experience for users, connecting various facets of wellness in a single platform to maximize user engagement and satisfaction.
  • Cross-Selling: The integration of different services allows Cure.fit to promote cross-selling opportunities, thereby enhancing customer retention and increasing lifetime value.
  • Strategic Partnerships: Collaborated with major fitness brands and tech companies to boost its service offerings.

Current Operations and Market Position

Cure.fit has positioned itself as a major player in the fitness and wellness industry in India, with a growing international presence. Its market strategy involves leveraging digital platforms to offer personalized health and wellness solutions, supported by data analytics and AI. The company's pricing model includes subscription-based services, generating revenue from online and offline fitness sessions and health foods. Cure.fit's recent international expansion, particularly into the United States, demonstrates its ambition to capture a wider audience, aiming to establish a significant market share amidst global competitors.

Conclusion

Cure.fit, under the leadership of Mukesh Bansal and Ankit Nagori, has emerged as a pioneering entity in the health and wellness sector. By embracing technology and innovation, Cure.fit has successfully integrated various elements of health and fitness, setting a benchmark for holistic wellness platforms. As the company escalates its international expansion and continues to refine its service offerings, Cure.fit is poised to make a significant impact on the global wellness landscape, promising an exciting trajectory in the coming years.

References

  1. Cure.fit Expansion and Strategy Overview
  2. Cure.fit U.S. Market Launch News
  3. Economic Times Article on Cure.fit Developments and Layoffs
  4. Crunchbase Profile - Cure.fit
  5. CIO Economic Times - Acquisition Details of Onyx
  6. Business Wire News on U.S. Expansion
  7. Economic Times - Mukesh Bansal's Insight
  8. Support and Solution Platform - Cure.fit