🇮🇳 Roundup: GlobalBees buys fitness brand Reach, more

Startups in India, including Fintech Karbon Card, Oloid, Sprinto, Securethings.ai, Peakperformer, Prolance, Life & Pursuits, and Cercle X, raised at least US$44.75 million in funding over the past day from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news from India today:

GlobalBees’ buys fitness and accessories brand Reach 

The rollup ecommerce player welcomed its second sports brand to its portfolio, as the Indian market for fitness products is poised to hit US$6.5 billion by 2026.

Reach primarily sells workout equipment and said it has a base of 500,000 customers in India.

The sports brand is GlobalBees’ twelfth brand in its portfolio overall, which also features firms across homecare, beauty and personal care, eyewear, nutrition and health, and fashion jewelry.

Follow the rest of our India coverage here.