New Delhi: Healthtech startup cure.fit has acquired California, US-based fitness company Onyx at an undisclosed valuation, as part of global expansion plans.The acquisition is also a step towards cure.fit improving its computer-vision technology for its at-home fitness product, according to a statement. Onyx specialises in body-tracking technology and personalisation of workout feedback.
— The Economic Times
INDUSLAW advised Curefit Healthcare Private Limited led by a team of partner Anindya Ghosh, principal associate Ashwin Krishnan, associate Pavani Nath, associate Mahima Selvakumar, associate Nabarun Chandra Ray.
US law firm DME Law LLP partner Ronnie Roy was US counsel for Curefit.
Crowell & Moring LLP was US counsel on transaction documents for Onyx, led by partner Matthew Melville, counsel Matthew Pelnar.
2021-01-01
Deal value: Undisclosed
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