Tag Archive for 6070

MultiFit Wellness Plans to Invest Around Rs 60-70 Cr in South India Market

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

MultiFit Batch training

India’s largest Functional Fitness Studio Brand ‘MultiFit Wellness Private Limited’, today announced that it had sealed a definitive agreement with Mr. Krishna Chivukula Jr. (CEO, INDO-MIM Pvt Ltd) & Sumit Rathor’s (renowned Golfer, former President and captain Karnataka Golf Association, and Founder Sumit Rathor Consulting Pvt Ltd) newly formed venture Skyefit LLP for expansion of its Bengaluru Operations. As per the terms of the agreement MultiFit and Skyefit will together open 17 large format functional fitness studios in the city over next 12 months, two within the next two months and five before the year end, for which all properties have been finalized and construction work has commenced. The announcement by the brand, which earlier this year marked its entry into the city with the launch of its Indiranagar studio, forms a part of its larger South India expansion focus unveiled by the company recently. The company also announced that it would be opening its South India operations headquarters in Bengaluru shortly. Read more