Health and wellness platform Cure.fit Healthcare Pvt Ltd has acquired gym aggregator Fitternity Health E-Solution Pvt Ltd, through share swap arrangement..In line with its plans to become the country’s largest gymming franchisee, the acquisition will give Cure.fit a collective user base of 3 million, targeting 5,000 gyms across 20 cities..Fitternity will continue to operate independently and the app will remain active..IndusLaw represented Cure.fit with a team led by Partners Srinivas Katta and Anindya Ghosh along with Principal Associate Ashwin Krishnan, Senior Associate Ajay Randhawa and Associate Nabarun Chandra Ray..Vertices Partners represented Fitternity and the shareholders including Sixth Sense Ventures, with a team led by Founder Partner Archana Khosla Burman and Associate Partner Vishal Mehta along with Associate Manager Paul Albert and Associate Raavi Mehta.Managing Partner Vinayak Burman provided strategic inputs.
Health and wellness platform Cure.fit Healthcare Pvt Ltd has acquired gym aggregator Fitternity Health E-Solution Pvt Ltd, through share swap arrangement..In line with its plans to become the country’s largest gymming franchisee, the acquisition will give Cure.fit a collective user base of 3 million, targeting 5,000 gyms across 20 cities..Fitternity will continue to operate independently and the app will remain active..IndusLaw represented Cure.fit with a team led by Partners Srinivas Katta and Anindya Ghosh along with Principal Associate Ashwin Krishnan, Senior Associate Ajay Randhawa and Associate Nabarun Chandra Ray..Vertices Partners represented Fitternity and the shareholders including Sixth Sense Ventures, with a team led by Founder Partner Archana Khosla Burman and Associate Partner Vishal Mehta along with Associate Manager Paul Albert and Associate Raavi Mehta.Managing Partner Vinayak Burman provided strategic inputs.
