China-based fitness service platform Lefit has secured $14m from investors including IDG Capital Partners, the Chinese venture capital affiliate of media and events company International Data Group.
Founded in 2015, Lefit operates a service that gives monthly subscribers access to about 130 gyms and 3,200 exercise instructors across five Chinese cities.
The round was co-led by investment fund Toutoushidao Capital and Huasheng Capital, the VC arm of investment banking firm China Renaissance Partners, and included Puhua Capital.