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Cult.fit acquires India biz of global fitness chain Gold's Gym

Cult.fit acquires India biz of global fitness chain Gold's Gym
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Bangladesh , India , New-delhi , Delhi , Sri-lanka , Maldives , Nepal , Bhutan , Naresh-krishnaswamy , Nikhil-kakkar , Ankit-nagori , Mukesh-bansal

Cult.fit acquires India biz of global fitness chain Gold's Gym

App-based health and fitness platform Cult.fit on Monday said it has acquired the India business of international fitness chain Gold's Gym for an undisclosed sum.Cult.fit, now a unicorn, picked up a majority stake in F2 Fun & Fitness India ...

Bangladesh , India , New-delhi , Delhi , Sri-lanka , Maldives , Nepal , Bhutan , Naresh-krishnaswamy , Nikhil-kakkar , Ankit-nagori , Mukesh-bansal

Cult.fit acquires India business of global fitness chain Gold's Gym

Cult.fit acquires India business of global fitness chain Gold's Gym

Bangladesh , India , Sri-lanka , Maldives , Nepal , Bhutan , Naresh-krishnaswamy , Nikhil-kakkar , Ankit-nagori , Mukesh-bansal , Fun-fitness-india-pvt-ltd , Fitness-india-pvt-ltd

Cult.fit acquires Gold Gym fitness chain across India

The second largest player in the fitness industry, with 140+ outlets in 90+ cities, Gold’s Gym, like Cult.fit, is an immensely popular fitness chain enjoying high brand recall.

Bangladesh , India , Sri-lanka , Maldives , Nepal , Bhutan , Naresh-krishnaswamy , Nikhil-kakkar , Fun-fitness-india-pvt-ltd , Gold-gym , Fitness-india-pvt-ltd , Marketing-head

Cult.fit Now Master Franchise Partner For Gold's Gym

Cult.fit has picked majority stake in Gold’s Gym’s parent

Bangladesh , India , Sri-lanka , Maldives , Bhutan , Nikhil-kakkar , Bishnu-hazari , University-of-southern-california , Fitness-india , Chief-financial-officer , Southern-california , Chief-operating-officer

gym: Out of shape: From gyms to yoga centres, the pandemic has completely transformed the fitness industry

Out of shape: From gyms to yoga centres, the pandemic has completely transformed the fitness industry
(Pic: Grand Slam Fitness)
Synopsis
A health crisis has thrown the fitness industry into disarray. Can it beat the Covid storm again and find its feet?
For Nikhil Kakkar, COO of fitness chain Gold’s Gym, time seems to be playing on repeat mode. He recalls how gyms and fitness centres were the first ones to shut last year and the last ones to open. This year too, the situation has been no different. At a time of acute uncertainty and hardship amid Covid’s severe second wave that has gripped the nation, it is the fixed costs such as rentals, salaries and electricity which are playing heavily on

Nikhil-kakkar , For-nikhil-kakkar , Yoga-centres , The-wellness-club-gymn-spa , Sarva , Gympik , Gym , Gold-rsquos-gym , Fitternity , Co-vid , Atmantan-wellness-centre