Singapore’s state investment arm Temasek is in talks to invest up to $ 100 million in health and fitness startup Cure. fit, Livemint reported. Cure.fit is seeking a valuation of about $ 800 million posts the fundraising, up from the $ 575 million it was valued at less than six months ago. Cure.fit which is present in 16 Indian cities, primarily via its gym centres, aims to be a full-stack provider of health and fitness services. Its eat. fit food services are already providing Rs 10-15 crore a month in revenue. Temasek’s interest in Cure.fit is a part of its strategy to deploy more in Indian technology companies. Its tech investments in India so far include ride-hailing firm Ola, IT services firm UST Global and payments machine firm Pine Labs. The investor is also leading a $ 220 million round in online pharmacy PharmEasy, media reported.
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