Healthcare startup CureFit acquires online food delivery platform Kristys Kitchen

Healthcare platform CureFit has acquired Bangalore-based premium online food delivery startup Kristys Kitchen in a cash and equity deal, for an undisclosed amount.

Launched in September 2016 by Cristina Maiorescu, Sumit Sinha and Cedric Carvalho, Kristys Kitchen is a full-stack online food delivery company, which delivers premium authentic international and healthy food in Bangalore, and uses eco-friendly packaging solutions. The startup also collaborates with foreign chefs to create authentic recipes.

“We believe we have developed a great product that will now be taken to scale with the help of CureFit. Both companies’ values and long-term vision are in sync,” said Cristina Maiorescu.

Maiorescu and Carvalho, along with all the other employees at Kristys Kitchen will join CureFit’s team.

With the latest acquisition, CureFit, launched by former Flipkart executives Ankit Nagori and Mukesh Bansal, plans to alter its offerings.

Ankit Nagori said, "Healthcare can be broadly divided into prevention and cure. For the first few years we will be focusing on the prevention part of healthcare, and later we’ll pursue the cure side. Prevention has four important parts: eating healthy, active lifestyle, mental wellness, regular health check-ups. We will be launching fitness, mental wellness—DIY (do-it-yourself) packs of yoga and meditation—and food."

CureFit plans to add a few more startups under the mental wellness and fitness category. The healthcare startup is reportedly involved in advanced talks to acquire mental health firm Seraniti and a Bangalore-based fitness centre.

The startup had raised $15 million in a Series A round of funding from Accel Partners, IDG Ventures and Kalaari Capital in July 2016. In August 2016, CureFit had invested Rs 20 crore ($3 million) in Bangalore-based CULT Fitness Pvt. Ltd, a fitness startup that offers training programs without equipment.