Fitness startup Cult.fit has officially submitted its draft IPO documents to SEBI, signaling its intent to go public. The Bengaluru-headquartered firm plans to raise ₹950 crore through a combination of a fresh share issue and an offer for sale. The company, which counts Zomato and Accel among its investors, also recently secured a ₹440 crore funding injection from Temasek, bringing the investor's total stake in the business to approximately 12%.

by shortkt.com✓

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