SoftBank is reportedly considering an investment of between $200m and $350m in CureFit, whose existing investors include the University of California-backed UC-RNT Fund.
CureFit, a India-based healthcare and wellness services provider backed by UC-RNT Fund, is in talks to raise at least $200m from SoftBank Vision Fund, an investment vehicle managed by telecoms conglomerate SoftBank, Times of India reported today.
The report cited three sources familiar with the development who said the deal could value CureFit at more than $1bn. One source suggested SoftBank’s commitment could be worth between $200m and $250m while a second stated that the investment could be as…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
