Tata Digital to invest $75 million in fitness startup CureFit

Tata Digital, a subsidiary of Tata Sons, on Monday introduced to take a position as much as $75 million in health startup CureMatch.

Mukesh Bansal, CureMatch Founder and CEO, will be a part of Tata Digital as President, Tata Digital. In addition, he’ll proceed in his management position at CureMatch, the corporate mentioned in an announcement.

“The CureMatch partnership with its trade main platform in health and wellness aligns very effectively with our general healthcare proposition the place health is more and more turning into an integral half of a shoppers’ life,” mentioned N. Chandrasekaran, Chairman Tata Sons.
Tata Digital arrange its operations in August 2019, to construct shopper centric digital companies for deep shopper engagement and their wants throughout a number of verticals.

On the opposite hand, CureMatch is a number one participant in a health and wellness market that’s rising at 20 per cent every year and is anticipated to achieve $12 billion by 2025.

Before the at this time’s announcement, CureMatch had raised almost $418 million.


“Being a part of Tata Digital will allow us to nationally scale up our choices for our clients. Tata Digital has extremely inspiring imaginative and prescient to create subsequent era shopper platform and I’m very excited to be a part of Tata Digital crew that’s shaping this imaginative and prescient,” mentioned Bansal.

Curefit provides a holistic vary throughout health and yoga, psychological wellbeing, wholesome meals, and consultations, diagnostics in addition to private coaching.

“Tata digital partnership will considerably speed up Cure.match’s development as a health and wellness chief and it’ll open up entry to giant set of latest shopper base,” mentioned Sudhir Sethi, Chairman Chirate Ventures from CureMatch board.


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