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Fitness app FitOn raises $40M, acquires corporate wellness platform Peerfit

TechCrunch

Digital fitness and wellness company FitOn has raised $40 million in Series C funding led by Delta-v Capital, the company announced on Tuesday. FitOn is also expanding its reach in wellness by acquiring Tampa-based corporate wellness platform Peerfit. The new investment brings the company’s total funding to $70 million.

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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

Startups/VC. Today TechCrunch has notes on Veho ($170 million, a few months after it raised $125 million) and Swappie ($124 million in its latest), investments that underscore just how much capital there is in the market for yet-private tech companies today, despite the public market selloff, inflation concerns and central-bank tightening.

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