News > Zomato to sell Fitso to Curefit for $50 mn; to invest $175 mn investment in 3 home-grown startups

Zomato to sell Fitso to Curefit for $50 mn; to invest $175 mn investment in 3 home-grown startups

The Free Press Journal | 10/11/2021 09:53 PM | Click to read full article

Food delivery and restaurant aggregation platform Zomato which acquired Jogo Technologies, which operates sports facilities provider Fitso in 2021, is now selling the sports startup to Curefit for $50 million.

In a tweet, the Gurugram headquartered restaurant aggregator said, "We are also investing $50 m cash in Curefit plus the value of the Fitso business (worth $50 m) will give us a cumulative shareholding worth $100 m in Curefit (6.4 percent shareholding in Curefit)."