Cure.Fit raises Rs 159 crore in fresh round of funding

New Delhi: Health and wellness start-up Cure.Fit said it has raised USD 25 million (over Rs 159 crore) in a fresh round of funding to expand its footprint to build innovative products.

The company has raised USD 25 million in series B round of funding from existing investors Accel Partners, IDG Ventures, Kalaari Capital and UC-RNT fund, Cure.Fit said in a statement.

The fresh capital will help the company expand its geographical footprint in the country and accelerate scale-up of all its business verticals, it added.

"We aim to transform health space in India and build truly customer centric health platform... We will be using this round of investment to further invest in our technology to build innovative products and expand our geographical footprint," Cure.Fit Founder Mukesh Bansal said.

Cure.Fit has seen great traction in first year of business with a clear value proposition and sound business model, Partner at Accel Partners, India Subrata Mitra said.