# cult.fit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cult-fit

- Industry: Travel & Leisure
- Headquarters: Bangalore, India
- Website: www.cult.fit/
- Total disclosed funding: $535M
- Latest round: Series F (Nov 10, 2021)
- Investors on record: 22

## About

Based in Bangalore, India, and founded in 2016 by Mukesh Bansal, and Ankit Nagori, Diverse Retails Private Limited, trading under the name CultFit, operates as a provider of fitness training, nutrition guidance, and wellness solutions to customers looking for structured workout plans and lifestyle improvement programs. In January 2026, cult.fit raised INR 4.2 billion in series G funding from Temasek Holdings.
The company provides a wide range of fitness and wellness services such as gym memberships, group workout classes, online training sessions, sports activities, and guided wellness programs. Its offerings include Cult Pass for unlimited gym and workout access, Cult Transform for weight loss coaching, and Sugar.fit for diabetes management. Additionally, the firm also provides services such as workout gear, yoga and meditation programs, and corporate wellness solutions. The company also operates an e-commerce platform called cultsport that offers products such as footwear, t-shirts, joggers, equipment, shorts, spin bikes, cultbikes, and masks. Its mobile application is supported on IOS as well as Android devices.
The company makes money from its cultpass, which is a monthly subscription service, therapy sessions, consultation services, and its e-commerce platform.
The company plans to use the January 2026 funding to support its operations as it prepares for a potential public listing.

## Funding rounds

- Series F, Nov 10, 2021, $145M — Accel, Temasek Holdings, Eternal Limited, South Park Commons
- Series D, Mar 20, 2020, $110M — Accel, Temasek Holdings, Ascent Capital, Chiratae Ventures, Unilever Pension Fund - Switzerland, Epiq Capital, Pratithi Investment Trust, The McGovern Family, Castle Investments, Satyadharma Investments & Trading Co. Ltd., Gabelhorn Investments Pte. Ltd.
- Series D, Jun 25, 2019, $45M — Accel, Oaktree Capital Management, Unilever Ventures, Kotak Mahindra Bank, Kalaari Capital, Chiratae Ventures, InnoVen Capital, Epiq Capital
- Series D, May 6, 2019, $75M — Accel, Kalaari Capital, Chiratae Ventures, Epiq Capital, Pratithi Investment Trust, The McGovern Family, Castle Investments, Satyadharma Investments & Trading Co. Ltd., Makan Family Trust, Anand Piramal Trust, Hadley Family Trust
- Series C, Jul 30, 2018, $120M — Accel, Oaktree Capital Management, Kalaari Capital, Chiratae Ventures
- Series B, Aug 28, 2017, $25M — Accel, Kalaari Capital, Chiratae Ventures, RNT Associates
- Series A, Jul 4, 2016, $15M — Accel, Kalaari Capital, Chiratae Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C, Series D, Series F
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series A, Series B, Series C, Series D
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series A, Series B, Series C, Series D
- RNT Associates (https://capitalatlas.ai/funds/rnt-associates) — Series B
- Oaktree Capital Management (https://capitalatlas.ai/funds/oaktree-capital-management) — Series C, Series D
- Epiq Capital (https://capitalatlas.ai/funds/epiq-capital) — Series D
- Pratithi Investment Trust — Series D
- The McGovern Family — Series D
- Castle Investments — Series D
- Satyadharma Investments & Trading Co. Ltd. — Series D
- Makan Family Trust — Series D
- Anand Piramal Trust — Series D
- Hadley Family Trust — Series D
- Unilever Ventures (https://capitalatlas.ai/funds/unilever-ventures) — Series D
- Kotak Mahindra Bank — Series D
- InnoVen Capital — Series D
- Temasek Holdings — Series D, Series F
- Ascent Capital (https://capitalatlas.ai/funds/ascent-capital) — Series D
- Unilever Pension Fund - Switzerland — Series D
- Gabelhorn Investments Pte. Ltd. — Series D
- Eternal Limited — Series F
- South Park Commons (https://capitalatlas.ai/funds/south-park-commons) — Series F