Tata Digital to invest up to $75 million in CureFit

BENGALURU : Tata Digital Ltd, a subsidiary of Tata Sons Ltd, on Monday said it has agreed to invest up to $75 million in fitness startup CureFit.

Mukesh Bansal, co-founder and chief executive officer (CEO) of CureFit Healthcare Pvt. Ltd, will continue as CEO and also take up an executive role at Tata Digital as president. Earlier, Bansal had founded apparel and fashion website Myntra in 2007.

Tata Digital’s latest investment follows its continuing investments and acquisitions in the digital space, even as the Tata group works on a super app for consumers.