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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

Startups/VC. What’s a startup really worth ? Data from PitchBook indicates that 2021 turbocharged the pace at which startups raised capital, yes, but also pushed the prices paid for startup shares to the stratosphere. FitOn raises $40M, acquires Peerfit : I love a startup deal, so was excited to dive into this one.

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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. I am excited to support the team’s mission to empower brands to expand their reach and own their customer relationship.“.