Hotline: 1800 102 2007
Hotline: 1800 102 2007
Aug, 27 2018

CureFit announces To Start 15 Fitness Centres In Hyderabad

The company plans to start at least 500 fitness centres by 2020 and over 200 by next year-end, supported by $120 million funds raised recently.

CureFit announces To Start 15 Fitness Centres In Hyderabad

Health and Fitness start-up, CureFit is planning to start 15 Cult fitness centres in Hyderabad by the end of this year. After IKEA, CureFit also sees a massive opportunity in the Hyderabad market. Mukesh Bansal, Co-founder, CureFit, said “Hyderabad will be a huge market for us. The city has a potential for 100 centres in the long term.”

CureFit is also eyeing to expand in various cities in India within the next few years. Addressing the media with brand ambassador Hrithik Roshan, Bansal said that the company will focus on Jaipur, Chennai and Mumbai and intends to open 500 Cult fitness centres across the country by 2021. In total, the company has 100,000 customers in the country and has raised $120 million.

“There are three broad buckets of investments. One is the technology platform where AI-based products and health fitness devices will be developed. We want to have a strong offline footprint across fitness, food, and mental health. The third is brand building,” stated Bansal. 

As regards to future expansion plans, Bansal commented, “We want to be a global company eventually when the time is right after sufficient penetration in India.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Theme Restaurants
    About Us: The restaurant concept brings to you fun, casual, authentic..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About Us: WHERE GREAT FOOD AND GREAT FRIENDS COME TOGETHER!! "People, Planet..
    Locations looking for expansion Delhi
    Establishment year 1987
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: A new eatery in town serving  authentic Hungarian chimney..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • About Us: Founded in the year 2001-2002, ITEM Secure Pvt. Ltd...
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities