News Update

Cure.fit, Endiya Partners, Tanglin Venture to invest $10M in Sugar.fit

• BySheetal Sidhu     |    September 4, 2021

Sugar.fit on Friday said Cure.fit, Endiya Partners and Tanglin Venture Partners will invest $ 10 million (about Rs 73 crore) in the healthtech company. “Cure.fit, Endiya Partners and Tanglin Venture Partners have agreed to invest $10 million in Sugar.fit, a healthtech startup that seeks to manage and reverse diabetes through a highly consumer-centric data-driven digital health experience,” a statement said.

The investment is expected to close by September, it added.Sugar.fit was launched two months ago and is currently operational in Bengaluru and Delhi-NCR. The company has seen strong traction, and is on track to hit $ 1 million ARR (annual recurring revenue) this quarter, the statement said. It plans to expand to 10 cities over the next few months, it added. Sugar.fit’s founding team includes Madan Somasundaram and Shivtosh Kumar, and the core founding team comes with experience in building and scaling products at Cure.fit, Dailyhunt, Flipkart, Myntra and Samsung. The majority of the tech team is from Curefit.

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