Indian healthcare startup Sugar.fit to raise $10m from Cure.fit, others

Healthcare startup Sugar.fit on Friday said it is set to raise $10 million in seed funding from health and fitness firm Cure.fit along with early-stage venture capital fund Endiya Partners and Tanglin Venture. The investment is expected to close by September 2021.

Sugar.fit seeks to manage and reverse diabetes through a highly consumer-centric data-driven digital health experience. Launched two months ago with operations in Bengaluru and Delhi-NCR, the company claims to hit $1 million annual recurring revenue (ARR) this quarter. Sugar.fit plans to expand to 10 cities over the next few months.

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