Utilize the input text as a context reference, choose the right relationship between SoulCycle and Indoor cycling from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Indoor cycling fitness chain SoulCycle Holdings LLC has also hired investment banks for an IPO, which is expected to come later this year, Reuters reported last month, citing people familiar with the matter.

Answer: industry