Fitness startup Cult.fit is aiming for an Initial Public Offering (IPO) in 12-18 months, according to senior executives of the company. Founded in 2016 by Mukesh Bansal and Ankit Nagori, Cult.fit has raised close to $685 million to date from investors such as Tata, Accel, Zomato and Temasek. In the last few years, Cult.fit has also made 14 acquisitions.