Curefit has set up an incubator that is expected to invest $5m in up to 10 packaged health food and organic product startups in the next two years.

India-based preventative health app operator Curefit has launched a $5m incubator that is also backed by its health food subsidiary, Eatfit, the Economic Times has reported.

The corporate intends to create eight to 10 startups in the next two years through the initiative, and it is focusing on producing organic food and healthful supplements. The incubator will help portfolio companies with funds, nutrition research and development (R&D), distribution and growing their customer base.

Curefit was founded in 2016 and has…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.