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The other selected fund managers include Kalaari Capital, Speciale Invest, IvyCap Ventures, Ideaspring Capital and TVS Capital Funds.
Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.
The funding round saw participation from Antler, Infinyte Club and Careernet.
The funding round also saw participation from angel investors including EaseMyTrip co-founder Rikant Pitti.
Better Capital, Carya Venture Partners, and major cybersecurity angel investors also participated in the funding round.
