Cultfit raises $47 million from Singapore’s Temasek

Fitness startup Cultfit has raised $47 million (Rs 440 crore) from Singapore-based Temasek through its investment arm MacRitchie, according to Registrar of Companies (RoC) documents.

The Cultfit board has approved the allotment of 90,98,052 shares at Rs 483.62 each to Temasek, per the RoC filings.

The Bengaluru-based startup has raised capital after two years. In 2024, the firm raised $10.2 million in a round led by existing backer Valecha Investments, which valued it at over $1.5 billion.