Sugar.fit raises $11 mn funding
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New Delhi: Health-tech startup Sugar.fit on Tuesday said it has raised $11 million (around Rs 91 crore) in Series A funding round. The funding was led by MassMutual Ventures with participation from existing investors, including Cure.fit, Tanglin Venture Partners, and Endiya Partners, the company said in a statement. The fresh capital will be used to expand Sugar.fit’s product offering, launch an offline presence, and accelerate research and development in the field of diabetes management, accelerating the brand’s footprint and growth, it added. “This investment will enable us to further enhance our technology and expand our reach across India, ultimately helping more people take control of their diabetes and improve their health,” Sugar.