Temasek-Backed Gym Chain Cult.Fit Files Paperwork for India IPO
AI Summary
India-based gym operator Cult.Fit Ltd., backed by Temasek, has filed draft paperwork to raise approximately $100 million through an initial public offering. This represents a rare tech-related IPO debut in India's fitness sector.
Cult.Fit Ltd. has filed draft paperwork to raise about $100 million in an initial public offering, a rare debut for a gym operator in the worldโs most populous country.