Positive impactCompany
KL Rahul-backed Boldfit secures $42 million to boost retail presence across India
Mint 1 hr ago·13 Oct 2026, 5:53 pm
Boldfit, an Indian fitness and sports brand, has secured $42 million in funding to expand its retail footprint across the country. The investment round was led by existing investors, with cricketer KL Rahul also backing the company. This capital infusion will likely be used to strengthen its supply chain, open more physical stores, and enhance its digital presence to reach a wider audience.
For the broader market, this deal highlights the growing investor interest in the consumer and fitness sectors in India. It signals confidence in the domestic retail landscape and the potential for homegrown brands to compete with established global players. Investors should watch how Boldfit utilizes these funds to scale operations and whether this leads to increased market share in the competitive sports retail space.
Excerpt from Mint
Homegrown sports and fitness brand Boldfit has secured more than ₹ 400 crore (approximately $42 million) in a Series B funding round led by Bharat Value Fund, managed by The Wealth Company Alternates, part of the Pantomath Group, PTI reported. Existing investor Bessemer Venture Partners also contributed to the…Read the original at Mint
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- Category: Company.
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