Cycle insurer Laka has launched in the Netherlands.
The company recently closed a £2.1 million crowdfunding campaign, bringing the total funds raised to date to £7 million. The £2.1 million overfunded raised on Seedrs exceeded the £1 million investment target in just 21 hours of the campaign going live and attracted investors from 37 countries.
Support came from both private investors and Laka’s own customers, with over 50% of investors already insured with Laka.
Kelly Barnes, Laka’s VP marketing, said “We invited our customers, our Laka Collective, to not only invest and be a part of Laka’s growth, but also to invest in Laka’s mission; to inspire more people to enjoy cycling and keep cyclists moving.
February 09, 2021
With a collective user base of 3 million, Cure.fit and Fitternity will empower more than 5,000 fitness centres spread across India Health and wellness platform Cure.fit announced the acquisition of Fitternity, one of the largest fitness facilities aggregators in the country. This acquisition comes close on the heels of its acquisition of Onyx, a California based digital fitness company last month, that is expected to enhance its digital offerings in India and abroad.
Fitternity is Cure.fit’s 6th acquisition to date. The company acquired Cult in 2016, Tribe and 1000 Yoga in 2017, Fitness First in 2018 and Onyx in 2021. Cure.fit has now opened over 150 of its 200 fitness centres in the country, up from 40 in October 2020.
Published:
6:30 AM February 6, 2021
Updated:
12:13 PM February 6, 2021
Rooney Anand, former chief executive of Greene King, who is set to become RedCat s executive chairman
- Credit: Adam Smyth
The long-time boss of pubs and brewing giant Greene King has secured £200million to launch a new pubs venture.
Rooney Anand called time on his 14-year tenure at the Bury St Edmunds group in 2019.
Now he has secured a mammoth cash injection from Los Angeles-based Oaktree to launch the RedCat Pub Company, which will partner with licensees, publicans and entrepreneurs to help support the recovery of the sector , he said.
Even though pubs and bar across the UK are on their knees after a third national lockdown prompted by the coronavirus crisis, Mr Anand believes there is pent-up demand - with the prospect of more people holidaying in the UK because of Brexit once virus restrictions ease up.
Who is Rooney Anand?
Rooney Anand, 54, was born in Delhi, India, and moved to Walsall, West Midlands, aged two.
His father, a surgeon, and mother, an anaesthetist, had hoped their son would follow them into medicine.
But after a brief stint in construction Mr Anand studied a Business Masters Degree and joined United Biscuits where he developed a knack for marketing. Various other marketing-type roles followed at Terry s Confectionery and pudding maker Sara Lee.
When he moved to Greene King in 2001 as head of brewing, he admitted he d barely heard of the company and had certainly never been to Bury St Edmunds, where the company is based.