KFit Raises a US$12 Million Series A Round Led by Venturra Capital (Asia)

Source: KFit

Southeast Asia-focused venture capital firm Venturra Capital has led a US$12 million Series A financing round for Malayasia-based mobile fitness-sharing platform KFit. Venture capital firms Sequoia Capital India, 500 Startups and Intres Capital’s Axiata Digital Innovation Fund also participated in the round, as did global trading firm Susquehanna International Group. KFit intends to use the new capital to expand within the region and invest in technology, operations and marketing.