Tata Digital to sell ~46% Cult.fit stake in IPO, its first new-age exit

Tata Digital plans to pare its Cult.fit holding by ~15.9 million shares (~46%) in the fitness chain's upcoming IPO, marking its first partial exit from a new-age bet. Cult.fit targets a ~₹15,000 crore valuation despite FY26 losses of ₹252 crore on ₹1,721 crore revenue.

— Filed Thu, 9 Jul, 2026, 09:10 IST · Source Mint · Updated

Tata Digital will sell about half its Cult.fit stake in the fitness chain's upcoming IPO, its first partial exit from a new-age investment. Cult.fit seeks ~₹15,000 crore valuation despite FY26 losses of ₹252 crore on ₹1,721 crore revenue.

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