The funding round also attracted investments from Barbershop Fund, the investment syndicate led by Bombay Shaving Company Founder Shantanu Deshpande, along with Consumer Collective, Veltis Capital, and several prominent angel investors. These include Arjun Purkayastha, Senior Vice President and Managing Director at Reckitt, Malika Sadani, Founder of The Moms Co., Mukul Rastogi, Founder of Classplus, and Diksha Pandey, Founder of Samosa Party.

Founded by Radhika Agarwal, a former consumer-tech investor at Blume Ventures and a Forbes 30 Under 30 Asia 2023 honouree, Neothera focuses on addressing the underlying causes of chronic skin conditions instead of simply treating visible symptoms.

By combining diagnostics, behavioural science, nutrition, technology, expert guidance, and clinically validated formulations, the startup develops comprehensive acne care programmes designed to deliver long-term skin health outcomes.

Neothera officially launched after nearly 20 months of research, formulation development, product testing, and beta trials conducted alongside dermatologists, nutrition experts, and formulation specialists. Furthermore, the company developed its initial product portfolio entirely in-house and refined its treatment protocols through pilot programmes with early users before entering the market.

The company will use the newly raised capital to further enhance its technology capabilities, while also expanding its product portfolio, increasing investments in research and development, strengthening its clinical and scientific teams, and accelerating customer acquisition across India.

Commenting on the funding, Radhika Agarwal, Founder of Neothera, said, “We’re building Neothera on the belief that skin conditions cannot be solved through products alone. By combining diagnostics, behavioural interventions, technology, and scientifically formulated products, we’re creating a more effective approach to skin health. We’re grateful to have the backing of Blume Ventures and our investors, whose conviction in this vision will help us accelerate product innovation, strengthen our technology capabilities, and make skin health solutions more accessible.”

Speaking about the investment, Sajith Pai, Partner at Blume Ventures, said, “While the beauty market has seen significant growth, the skin health and derma-care segment remains underserved despite representing one of the largest opportunities in consumer healthcare. Neothera’s vision to move beyond topical products and build a comprehensive care model for chronic skin conditions stood out. Radhika combines deep consumer insight with operational excellence and an unwavering focus on solving this problem.”

With fresh funding from Blume Ventures and leading consumer investors, Neothera aims to reshape India’s skin health market through science-backed, technology-enabled care. By integrating diagnostics, behavioural interventions, clinical expertise, and innovative formulations, the startup is positioning itself to build a comprehensive skin health platform that delivers sustainable outcomes for people managing chronic skin conditions.

Located amid scenic mountains and the picturesque river valley, Nemesia Resort & Spa, Rishikesh, features 40 elegantly designed rooms and suites that combine contemporary architecture with the serenity of nature. The resort offers accommodation across four categories—Terra, Astra, Aqua, and The Luma Suite—each designed to provide panoramic views of the surrounding Himalayan landscape.

Furthermore, each room category delivers a unique luxury experience. The Terra rooms provide direct access to landscaped gardens, while the Astra category features private bathtubs. Meanwhile, the Aqua rooms include outdoor jacuzzis overlooking the mountains, and The Luma Suite, spanning 700 sq. ft., offers a spacious living room, an additional powder room, and premium amenities for an elevated stay.

Additionally, the resort encourages guests to embrace slow travel by combining luxury accommodation with thoughtfully curated leisure experiences designed to promote relaxation and wellness.

To further enhance the guest experience, Nemesia Resort & Spa offers a wide range of recreational activities and outdoor adventures. Guests can rejuvenate at the Liora Spa, relax by the swimming pool, or explore Rishikesh through curated experiences such as river rafting, hiking trails, spiritual tours, and visits to renowned attractions, including Devprayag, Vashisth Cave, and Neelkanth Mahadev Temple.

The resort also delivers a premium culinary experience through multiple dining concepts. LAVE, the all-day dining restaurant, serves global cuisine alongside artisanal coffee in a warm and inviting atmosphere designed for leisurely dining and social gatherings.

Meanwhile, guests can enjoy Collina, a mountainside dining destination inspired by Italian craftsmanship. The restaurant specializes in wood-fired Neapolitan pizzas, Mediterranean-inspired cuisine, and artisanal preparations while offering breathtaking Himalayan views that elevate the dining experience.

Additionally, the resort features Hoppe, a contemporary bar where guests can unwind with handcrafted beverages and enjoy relaxed evening gatherings.

Commenting on the launch, Manish Kumar Singh, Director, Nemesia Hotels & Resorts, said, “The launch of Nemesia Resort & Spa, Rishikesh, marks an important milestone in our journey of building a hospitality brand centred around meaningful guest experiences rather than simply destinations. Rishikesh perfectly reflects what Nemesia stands for—authenticity, nature, thoughtful hospitality, and memorable experiences. With this opening, we are not only expanding our portfolio but also reinforcing our vision of creating distinctive hospitality destinations that resonate with today’s evolving traveller. As we continue our growth across North India, our focus remains on developing properties that guests remember not simply for where they stayed but for the experiences they take back with them.”

Moreover, the resort caters to discerning leisure travellers, families, and destination explorers by offering premium amenities such as a fitness centre, swimming pool, steam and sauna facilities, concierge services, EV charging stations, and dedicated recreational spaces. These facilities make the property ideal for luxury vacations, wellness retreats, and immersive weekend getaways.

With the launch of Nemesia Resort & Spa, Rishikesh, Nemesia Hotels & Resorts continues to strengthen its long-term expansion strategy. The company aims to build a diversified portfolio of boutique hotels, luxury resorts, and experience-led hospitality destinations across North India while responding to the growing demand for premium leisure travel.

Initially, NCW launched the PRIME Offices Fund with a target corpus of ₹3,000 crore to provide Indian investors access to high-quality commercial office real estate. However, the company increased the fund size after receiving strong investor interest and identifying attractive investment opportunities across India’s growing office market.

Furthermore, the fund has already deployed nearly half of its capital, reflecting strong execution and continued demand for premium office properties.

Commenting on the milestone, Gaurav Puri, Chief Investment Officer, NCW, said, “The successful final close of PRIME reflects conviction in both India’s office sector and our investment strategy.”

He further stated that India’s commercial office market continues to benefit from several long-term structural growth drivers. These include the rapid expansion of Global Capability Centres (GCCs), increasing front-office operations by multinational companies, and sustained demand for high-quality office workplaces across key business hubs.

Additionally, since its launch, the PRIME Offices Fund has built a portfolio comprising nearly 4 million square feet of premium office space across the country. The portfolio strengthens NCW’s position in India’s commercial real estate market while offering institutional investors exposure to income-generating office assets.

The continued growth of India’s office leasing market, coupled with rising demand for Grade A commercial properties, is expected to create further investment opportunities for institutional real estate funds over the coming years.

NCW’s successful ₹4,000 crore fundraising demonstrates strong investor confidence in India’s commercial office real estate market. By committing 45% of the capital and building a 4 million sq. ft. portfolio of premium office assets, the company has reinforced its long-term investment strategy. As demand for quality office spaces continues to rise, driven by GCC expansion and corporate growth, NCW remains well-positioned to capitalize on India’s evolving commercial real estate landscape.

The strategic collaboration between Alfavision Overseas India Ltd. and Della Resorts & Adventure Pvt. Ltd. aims to create a racecourse-themed luxury township that combines premium hospitality, adventure tourism, wellness, and upscale residential living. Through this integrated development, both companies plan to strengthen Central India’s luxury tourism landscape while creating a unique lifestyle destination.

Spread across approximately 220 acres, the mixed-use township will feature a diverse range of hospitality, residential, and recreational offerings. The development will include a five-star luxury resort with nearly 300 keys, a world-class wellness centre and spa, racecourse-inspired recreational amenities, private villa plots, and premium resort-style residences.

Additionally, the project will incorporate destination wedding venues, corporate and MICE (Meetings, Incentives, Conferences, and Exhibitions) infrastructure, along with a large-scale adventure and extreme sports park designed to attract experiential travellers and luxury tourists.

According to the company, the integrated township will unlock significant value from Alfavision Overseas’ existing land holdings while positioning Bhopal as a leading destination for luxury hospitality, premium real estate, and experiential tourism.

Furthermore, the project’s location near Ratapani Wildlife Reserve and Kolar Dam will enable the developers to integrate nature-inspired architecture with modern hospitality infrastructure and leisure experiences. The township will seamlessly combine luxury hospitality assets, branded residences, wellness facilities, and recreational attractions within a thoughtfully planned mixed-use environment.

The companies have already completed land acquisition for the project. Meanwhile, the development has entered the advanced planning stage, with design finalisation currently underway as both partners prepare to move toward execution.

The partnership between Alfavision Overseas India Ltd. and Della Resorts marks a significant milestone for Central India’s luxury hospitality and real estate sector. The partnership between Alfavision Overseas India Ltd. and Della Resorts marks a significant milestone for Central India’s luxury hospitality and real estate sector. The integrated township has the potential to generate nearly ₹2,000 crore in revenue while boosting tourism, attracting high-end residential buyers, and strengthening Bhopal’s position as a premium lifestyle and hospitality destination. As the partners move the project toward execution, they aim to create new opportunities across the hospitality, tourism, real estate, and experiential travel sectors.

Unlike traditional wearable brands such as Oura, Whoop, and Garmin, DUSQ chose a different path by developing what it describes as the world’s first closed-loop sleep regulation system. Instead of merely tracking sleep patterns, the company’s wearable device actively improves sleep quality through real-time physiological monitoring and adaptive nerve stimulation.

Moreover, DUSQ designed, engineered, tested, and clinically validated the lightweight behind-the-ear device entirely in India through its in-house sleep laboratory. Following its successful Kickstarter debut, the company has started shipping the device to US backers ahead of its planned nationwide retail launch in September 2026.

The record-breaking campaign also positions DUSQ among a select group of Indian consumer hardware startups that have gained meaningful traction in the highly competitive US market. Additionally, the company surpassed every previous Indian healthtech campaign on Kickstarter, including Ultrahuman’s Ring campaign, which raised nearly USD 500,000.

Since securing a three-Shark deal on Shark Tank India less than two years ago, DUSQ has rapidly expanded its presence. Furthermore, the company has already served more than 2,000 first-generation commercial users in India while building a Kickstarter waitlist exceeding 10,000 prospective customers.

DUSQ’s flagship sleep regulation system weighs only 12 grams and measures 7.2 millimetres, enabling users to wear it comfortably behind the ear throughout the night. The device continuously monitors the autonomic nervous system and immediately responds whenever sleep disruptions occur. Consequently, it delivers adaptive vagus and vestibular nerve stimulation to help users return to deeper sleep before they even notice the interruption.

Unlike conventional sleep trackers that provide post-sleep analytics, DUSQ focuses on improving sleep while it happens. The company developed this technology entirely through its proprietary research infrastructure.

To support its innovation, DUSQ’s in-house sleep laboratory has collected more than 50 million physiological data points. Additionally, the company has completed one clinical trial while conducting another ongoing study. It also holds CDSCO certification in India and utilizes an FDA-cleared stimulation modality for insomnia treatment.

According to the company, its double-blind controlled clinical trials demonstrated impressive outcomes, including 31% more deep sleep, 38% improvement in heart rate variability, and 22% fewer nighttime awakenings.

Furthermore, DUSQ introduced Sleep Quotient (SQ), its proprietary metric that measures the body’s ability to generate restorative sleep rather than simply evaluating sleep quality after the fact. Developing SQ required expertise across hardware engineering, signal processing, biostatistics, and real-time artificial intelligence algorithms, making it one of the company’s key technological differentiators.

Commenting on the milestone, Dr. Siddhant Bhargava, Co-founder and CEO of DUSQ, said, “We did not enter a category. We built one. From India. That is what these million dollars represent, not a product win or a category win.”

Meanwhile, Gursakhi Lugani, Chief Taste Officer at DUSQ, said, “Sleep is too personal to be sold through hype. Most brands borrow desire from culture; we had to build our own. A million-dollar opening tells us people were willing to believe in a future of sleep they hadn’t experienced yet.”

The company’s growth has also attracted strong investor backing. DUSQ previously secured approximately USD 3 million in seed funding through a round led by Fireside Ventures, with participation from Antler India and Climber Capital.

As it prepares for its broader US retail expansion, DUSQ is significantly strengthening its India-based workforce. The company currently has more than 50 open positions across hardware engineering, embedded systems, biotechnology, signal processing, product design, growth, customer success, sleep coaching, operations, and content.

Highlighting the company’s engineering vision, Mitansh Khurana, who leads technology at DUSQ, said, “The problems we are solving here do not exist as job descriptions anywhere else. We are building the sensing, stimulation, and intelligence layers simultaneously on real human physiology in real time. If that sounds hard, it is. That is exactly the point.”

Similarly, Shalmali Kadu, who leads product at DUSQ, emphasized the company’s interdisciplinary approach, stating that solving complex healthcare challenges requires combining engineering, science, empathy, and curiosity.

Additionally, Ronak Shah, Growth Advisor at DUSQ, said, “I have helped scale consumer brands to nine figures in revenue, and I have never seen a product where the technology this early actually matches the ambition of the pitch. If you want to build something that has to work, not just look good in a deck, this is the place to do it.”

DUSQ’s rapid success on Kickstarter demonstrates the growing global recognition of India’s innovation in consumer health technology. By combining AI-driven sleep science, clinical validation, and proprietary hardware, the company has established itself as a strong contender in the global sleeptech market. As DUSQ accelerates its US expansion and strengthens its India-based operations, it is well-positioned to redefine the future of sleep technology while elevating India’s presence in the global medtech and wearable technology industry.

The company plans to utilize the fresh capital to expand its presence across industries such as automotive, lithium-ion batteries, solar infrastructure, steel, defence, and broader industrial supply chains. Additionally, Econovus intends to enhance its sustainable packaging platform to meet the growing demand for environmentally responsible and globally compliant packaging solutions.

Founded in January 2019 by Ramesh Prasad, Econovus Packaging develops customized end-to-end packaging and design solutions using engineered, intellectual property-backed materials. Furthermore, the company leverages space optimization and its design-to-cost methodology to help businesses reduce both their packaging-related carbon footprint and total cost of ownership.

The company’s product portfolio includes UN-certified lithium-ion battery packaging, heavy-duty export packaging, returnable and expendable packaging solutions, and automotive packaging designed for Completely Knocked Down (CKD), Semi Knocked Down (SKD), and Completely Built Unit (CBU) formats. These offerings enable manufacturers and exporters to improve operational efficiency while complying with international packaging standards.

Moreover, Econovus states that its packaging solutions help customers lower logistics costs, maximize container utilization, and reduce supply chain emissions across sectors including automotive, electronics, clean energy, industrial machinery, and electrical equipment. As industries increasingly prioritize sustainability, the company aims to position itself as a key partner for businesses seeking cost-effective and eco-friendly packaging solutions.

According to the Government of India, the country’s engineering exports reached a record $122.43 billion, making engineering the largest contributor to India’s merchandise exports with nearly 28% of the total export value. Consequently, the continued expansion of cross-border industrial supply chains is expected to drive significant demand for high-quality, internationally compliant, and sustainable industrial packaging solutions.

Econovus Packaging’s Rs 40 crore pre-Series A funding marks a significant milestone in its growth journey. By expanding into emerging industrial sectors and enhancing its sustainable packaging capabilities, the company is well-positioned to capitalize on the rising global demand for environmentally friendly, export-ready packaging solutions. Backed by Rainmatter by Zerodha and Rockstud Capital, Econovus aims to play a larger role in building resilient, efficient, and sustainable industrial supply chains.

The company completed the acquisition through Smartworks Space Pte. Ltd., its wholly owned subsidiary. Consequently, WorkStudio has become a step-down wholly owned subsidiary of Smartworks. This move aligns with the company’s long-term strategy to accelerate international expansion and enhance its portfolio of premium coworking spaces.

WorkStudio, which was incorporated in Singapore on November 20, 2024, generated a turnover of ₹5.09 crore from its inception until March 31, 2026. The acquisition enables Smartworks to immediately strengthen its operational capabilities in Singapore while expanding its client base across multiple industry sectors.

Moreover, the acquisition increases Smartworks’ Singapore portfolio to four operational centres with a combined footprint of nearly 76,000 square feet and a seating capacity exceeding 1,500. Additionally, the company has added more than 45 clients to its Singapore operations, further diversifying its customer portfolio and strengthening its presence in one of Asia’s leading commercial hubs.

Smartworks also disclosed that the acquisition qualifies as a related party transaction because an immediate relative of one of the company’s directors holds an interest in the holding company of WorkStudio. However, the company clarified that it executed the transaction on an arm’s-length basis, ensuring compliance with corporate governance standards and regulatory requirements.

Meanwhile, Smartworks continues to maintain strong operational performance across its existing business. As of March 31, 2026, the company reported an operational capacity utilisation of 82%. It currently manages a leased capacity of approximately 13.7 million square feet and an operational capacity of 10.1 million square feet across 66 centres in 15 cities, highlighting its leadership in India’s managed office space sector.

Despite the expansion announcement, Smartworks’ stock ended the trading session on the National Stock Exchange (NSE) at ₹465.75, reflecting a decline of 1.54% from the previous closing price of ₹473.05. The stock remains below its 52-week high of ₹619. Notably, Smartworks made its stock market debut on July 17, 2025.

Smartworks has taken another significant step in its global expansion strategy by acquiring WorkStudio Spaces in Singapore. Besides expanding its operational footprint and customer base, the acquisition strengthens the company’s presence in one of Asia’s fastest-growing flexible workspace markets. With strong occupancy levels, a growing international portfolio, and continued investments in strategic markets, Smartworks is positioning itself for long-term growth in the evolving coworking and managed office industry.

MUMBAI, June 2026 – As Mumbai embraces the monsoon, Fairmont Spa & Longevity at Fairmont Mumbai invites guests to experience the season as an opportunity for restoration. Combining spa rituals with advanced longevity therapies, the destination offers a holistic approach to wellness designed to help the body adapt to the unique physiological changes brought on by increased humidity, fluctuating temperatures, and reduced sunlight.

The monsoon can impact circulation, skin health, muscle recovery, and overall energy levels. Recognising these seasonal shifts, Fairmont Spa & Longevity recommends a curated selection of therapies that support recovery, resilience, and long-term well-being.

Among the signature recommendations is Abhyanga, the traditional warm oil massage that helps improve circulation, ease muscular tension, calm the nervous system, and strengthen the skin barrier during humid weather. Complementing this are Red Light Therapy, which supports cellular energy, skin repair, and muscle recovery; and the Far Infrared (FIR) Sauna, where gentle penetrating heat promotes relaxation, eases stiffness, and helps counter the heaviness often experienced during the rainy season. Body Scrubs & Wraps further help maintain healthy, radiant skin by supporting exfoliation and barrier renewal.

“Monsoon brings noticeable changes to how the body feels and functions,” says Dr. Rashmi Ambastha, Director – Spa, Wellness & Recreation, Fairmont Mumbai. “Our approach combines the wisdom of traditional healing with evidence-informed longevity therapies, creating experiences that help guests restore balance, recover from seasonal fatigue, and prioritise long-term well-being.”

This monsoon, Fairmont Spa & Longevity offers both hotel guests and city residents a destination where spa rituals and longevity science come together to support seasonal well-being.

About Fairmont Mumbai

Fairmont Mumbai opened its doors in April 2025 as Mumbai’s Grand Entrance—a dazzling destination where grandeur and extraordinary theatre meet the timeless elegance of the 1920s. Located near Chhatrapati Shivaji Maharaj International Airport, the hotel offers 446 luxurious rooms and suites, one of the city’s largest event spaces, and seamless connectivity for global travellers, corporate guests, and leisure seekers alike. Designed to make special happen, the hotel blends legacy and innovation through exceptional dining, pioneering wellness, and thoughtful hospitality. At its heart is Blu Xone at Fairmont Spa and Longevity, India’s first longevity-focused wellness space in a luxury hotel—redefining modern self-care through personalised healing, rejuvenation, and purposeful living.

About Fairmont Hotels & Resorts

Fairmont Hotels & Resorts is renowned for the international luxury hospitality brand’s unrivalled portfolio of more than 94 extraordinary hotels where grand moments of life, heartfelt pleasures, and personal milestones are celebrated and remembered long after any visit. From grand hotels to urban retreats, since 1907 Fairmont has created magnificent, meaningful, and unforgettable hotels, rich with character and deeply connected to the history, culture, and community of its destinations—renowned addresses such as The Plaza in New York City, The Savoy in London; Fairmont San Francisco; Fairmont Banff Springs in Canada; Fairmont Peace Hotel in Shanghai; Fairmont Doha, and Fairmont The Palm in Dubai.

Fairmont hotels are the social epicenters of their cities—iconic gathering places where people, culture, and ideas converge. Famous for its engaging service, awe-inspiring public spaces, locally inspired cuisine, and iconic bars and lounges, Fairmont also takes great pride in its pioneering approach to hospitality and leadership in sustainability and responsible tourism practices. Fairmont is part of Accor, a world-leading hospitality group counting over 5,600 properties throughout more than 110 countries, and a participating brand in ALL, a booking platform and loyalty program providing access to a wide variety of rewards, services, and experiences.

Founded in 2019 by Vartik Tihara and Ankit Tayal, True Palate Hospitality currently operates several well-known restaurant brands, including One8 Commune, Neuma, and Pincode by Chef Kunal Kapur. The company has established its footprint across major cities such as Delhi-NCR, Mumbai, Hyderabad, Kolkata, Jaipur, Goa, Indore, Ludhiana, Mohali, and Dubai.

Vartik Tihara, Co-founder and Director, True Palate Hospitality, said today’s consumers choose restaurants for more than just food. Instead, they increasingly seek destinations that reflect their lifestyle, foster community engagement, and encourage repeat visits through memorable experiences beyond the dining table.

Furthermore, Tihara explained that this shift in consumer behavior inspired the company to create restaurant brands with distinct identities rather than simply increasing the number of outlets.

He added that evolving customer expectations have transformed restaurants into vibrant social spaces where people gather for celebrations, networking, entertainment, and community engagement, making the overall experience as important as the cuisine itself.

Meanwhile, Ankit Tayal, Co-founder, True Palate Hospitality, said the company has consistently focused on building hospitality brands with unique concepts instead of following short-lived industry trends.

“From the very beginning, our approach has been to build hospitality brands with a strong sense of identity. Instead of chasing trends, we believe in building concepts that can evolve with consumers while remaining authentic to their core,” Tayal said.

Additionally, the company plans to strengthen its expansion strategy by investing significantly in technology, logistics, quality management, talent development, and operational excellence.

Tihara emphasized that sustainable growth depends on building strong internal systems, empowering teams, maintaining operational discipline, and delivering exceptional customer experiences across every location.

“Our focus is to ensure every new restaurant delivers consistent quality and guest experience as the business expands,” he said.

Moreover, these investments will help True Palate Hospitality maintain consistent service standards while supporting its ambitious expansion across new domestic and international markets.

As India’s food and beverage (F&B) and hospitality industry continue to evolve, consumers increasingly prefer premium lifestyle restaurants, experiential dining, and destination-based hospitality concepts.

True Palate Hospitality continues to strengthen its position in India’s premium hospitality sector by expanding its portfolio of experience-driven dining brands. Through strategic investments in technology, operational excellence, and talent development, the company aims to deliver consistent guest experiences while scaling brands such as One8 Commune, Neuma, and Pincode by Chef Kunal Kapur across India and international markets. Its long-term strategy reflects the growing importance of lifestyle-led dining in the evolving hospitality industry.

The company plans to launch an Initial Public Offering (IPO) worth approximately ₹4,000 crore. The proposed public issue will include a combination of a fresh issue of shares and an Offer for Sale (OFS) by existing shareholders.

According to sources, the Offer for Sale expects to contribute nearly ₹3,000 crore, while the fresh issue is likely to be around ₹950 crore. However, the company continues to finalize the structure, valuation, and overall size of the IPO based on prevailing market conditions.

Additionally, Cult.fit is evaluating a pre-IPO fundraising round to strengthen its capital base before the public issue. If the company raises capital through this route, it will adjust the proceeds against the fresh issue portion of the IPO.

Founded in 2016 by Mukesh Bansal and Ankit Nagori as Cure.fit, the company later rebranded itself as Cult.fit and has since emerged as one of India’s leading fitness and wellness platforms.

Over the years, Cult.fit has built a comprehensive health and fitness ecosystem that includes fitness centres, digital fitness subscriptions, sportswear, fitness equipment, and wellness services. Furthermore, the company operates a hybrid online-offline business model, enabling customers to access both physical fitness centres and digital workout experiences.

The company has also expanded its nationwide footprint through its growing network of Cult centres and its subscription-based Cultpass ecosystem, which provides users with flexible access to gyms, group classes, sports facilities, and wellness services.

Meanwhile, investor confidence in the company remains robust. In March, Singapore’s Temasek, through its MacRitchie investment unit, invested ₹440 crore in Cult.fit, increasing its shareholding to nearly 12%. The investment further reinforced investor optimism ahead of the company’s planned stock market debut.

As India’s fitness, wellness, and digital health sectors continue to expand, Cult.fit’s IPO is expected to attract significant attention from institutional and retail investors alike. The proposed listing would also mark another milestone in India’s growing startup ecosystem, which has witnessed increasing public market participation from technology-driven consumer brands.

Cult.fit’s planned ₹4,000 crore IPO represents a significant step in the company’s growth journey as it seeks to strengthen its market position and accelerate expansion. Supported by prominent investors such as Temasek, Zomato, and Accel, the fitness and wellness company enters the public markets with a diversified business model, a strong nationwide presence, and sustained investor confidence. The upcoming SEBI filing will officially initiate one of the most closely watched startup IPOs in India’s health and wellness sector.