Company Name : Cult
Funding Amount : Undisclosed
Investor(s) Mukesh Bansal
Funding Round : Not Disclosed
Myntra’s co founder and Flipkart’s former head of commerce platform, Mukesh Bansal has invested an undisclosed amount in Bangalore based fitness firm Cult.
Cult provides training programmes without using traditional gym equipments and the raised capital will be used for expansion.
Mukesh Bansal had quit Flipkart in February and later said that he will be launching a new startup in the healthcare and fitness space along with former Flipkart’s chief business officer Ankit Nagori.[source]