The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Curefit Healthcare Private Limited (Target) by MacRitchie Investments Pte. Ltd. (Acquirer). This transaction represents an additional acquisition by the Acquirer to supplement the Target's capital requirements within the fitness sector.
The Acquirer is an investment company, an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited, which has a diverse portfolio across various industries including transportation, financial services, telecommunications, media & technology, consumer & real estate, and life sciences & agri-food.
The Target is the ultimate parent entity of the Curefit Healthcare Group. The Target Group operates in the fitness sector in India, engaging in activities such as selling fitness management programs, fitness center memberships, operating and franchising fitness centers, and selling fitness apparel, footwear, and accessories.
Further details of the CCI's order are expected to be released subsequently. The release ID for this notification is 2238086.
Key Entities Referenced
Competition Commission of India (CCI): The regulatory body that approved the acquisition.
Curefit Healthcare (Target): The company whose stake is being acquired.
MacRitchie Investments Pte. Ltd. (Acquirer): The company acquiring a stake.
Temasek Holdings (Private) Limited (Temasek): The ultimate parent company of the acquirer.
India: The location where the target group operates.
Competition Commission of India
CCI approves acquisition of a certain stake in
Curefit Healthcare (Target) by MacRitchie
Investments Pte. Ltd. (Acquirer)
Posted On: 11 MAR 2026 1:57PM by PIB Delhi
The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Curefit
Healthcare Private Limited (Target) by MacRitchie Investments Pte. Ltd. (Acquirer).
The Proposed Combination relates to the additional acquisition of a certain stake by the Acquirer in the
Target, in order to supplement the Target’s capital requirements in the fitness sector
The Acquirer is an investment company and does not engage in any business operation other than holding
investments. It is an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited (Temasek).
Temasek’s portfolio companies cover a broad spectrum of industries: Transportation; Financial Services;
Telecommunications; Media & Technology; Consumer & Real Estate; as well as Life Sciences & Agri-
Food.
The Target is the ultimate parent entity of the Curefit Healthcare Group (Target Group). The Target
Group is primarily present in the fitness sector and engages in, inter alia, the sale of fitness management
programmes, fitness centre memberships, operation and franchising of fitness centres, and the sale of
fitness apparel, footwear, and accessories, in India.
Detailed order of the Commission will follow.
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NB/ONP
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