Healthcare startup CureFit, founded by ex-Flipkart executives Mukesh Bansal and Ankit Nagori has acquired a majority stake in Tribe Fitness Club, reports ET. The financials behind the deal were not disclosed. A spokesperson for CureFit confirmed the acquisition with MediaNama. Bangalore-based Tribe Fitness operators Gyms, and fitness studios along with specialized fitness programs like cross fit training, Yoga, Zumba, among others. The company commenced operations in June 2016 and was founded by Shwetambari Shetty. Note that this is CureFit’s second acquisition: In August last year, it invested $3 million into fitness company Cult for a majority stake. At that time, Cult said it would run independently and use the funds for expanding and improving its technology. Two months before the Cult funding, CureFit raised $15 million from Accel Partners, IDG Ventures, and Kalaari Capital. However, while Cult launched commercial operations a while…
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