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Decoding: Boldfit founders retain 78.23% stake after Rs 400 Cr Series B

KL Rahul-backed sports and fitness brand Boldfit has raised Rs 400 crore in its Series B round from The Bharat Value Fund, managed by The Wealth Company

Tarun Mottlia

Via Entrackr

·Excerpt
Decoding: Boldfit founders retain 78.23% stake after Rs 400 Cr Series B
Image: Entrackr

"KL Rahul-backed sports and fitness brand Boldfit has raised Rs 400 crore in its Series B round from The Bharat Value Fund, managed by The Wealth Company (formerly Pantomath Capital Management), at a valuation of Rs 4,000 crore. The founder still holds over 77%, a rarity in India"s fitness and wellness segment, where D2C brands typically give up significant equity to investors well before reaching this scale. Entrackr examined Bengaluru-based company's regulatory filings to decode the company's latest funding round…

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