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Fitness app FitOn raises $40M, acquires corporate wellness platform Peerfit

TechCrunch

Digital fitness and wellness company FitOn has raised $40 million in Series C funding led by Delta-v Capital, the company announced on Tuesday. FitOn is also expanding its reach in wellness by acquiring Tampa-based corporate wellness platform Peerfit. The terms of the deal were not disclosed.

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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

How you feel about this set of changes will depend on your view of the company, I reckon, but it didn’t poll well on Twitter, at least thus far. for Tower Semiconductor : As more capital flows into the market for designing and manufacturing chips, the announcement of new deals isn’t a huge surprise. Intel shells out $5.4B Startups/VC.

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PideDirecto bags $5.25M; aims to be ‘Shopify with 30-minute deliveries’

TechCrunch

After going their separate ways for a bit, they met up in Mexico and launched a corporate wellness program in 2018 that connected people with restaurants to order lunch or snacks. The new capital will be used to build out a technology team for future product features. Latin America’s second wave of digital transformation.