Friday, 24 March, 2023

Cult.fit, led by Mukesh Bansal, acquires Gold's Gym India

<p>Cult.fit, a fitness centre network, has acquired a controlling stake in F2 Fun &amp; Fitness, making it the master franchise partner for Gold&#39;s Gym in India. The deal&#39;s value was not disclosed by the companies. Over the next years, Cult.fit plans to invest in raising revenue from existing Gold&#39;s Gym facilities and enabling expansion through franchisees. Cult.fit is an unit of Cure.fit Healthcare, which recently disclosed a $1.5B valuation thanks to a Zomato investment.</p>