Indian Hotels Company (IHCL),India’s largest hospitality company, today signed definitive agreements to acquire 51% stake in Sparsh Infratech Private Limited, owning company of the brand ‘Atmantan’, a well-established luxury wellness centre located in Mulshi near Pune. The acquisition gives IHCL ownership of the Atmantan brand and its proprietary expertise, enabling expansion of the wellness platform in collaboration with its founding promoters.
Speaking on the occasion, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL said, The growing wellness tourism market is witnessing a convergence of health and hospitality and increasing number of travellers are seeking immersive wellness experiences that go beyond conventional treatments and therapies. Addressing this emerging consumer need IHCL marks its entry into the integrated wellness segment with Atmantan. Its holistic and unique wellness proposition along with its proven business model seamlessly complements IHCL’s brandscape.
He added, This partnership with founders Sharmilee and Nikhil Kapur brings together Atmantan’s proprietary programmes and IHCL’s vision of entering and expanding in the integrated wellness segment across select destinations globally including within our portfolio.
This partnership with IHCL marks a landmark deal in the global wellness industry. Over the years, Atmantan has been committed to redefining wellness through integrated, science-backed programmes that focus on holistic transformation. With IHCL’s deep hospitality expertise and shared values of care and excellence, we are poised to take Atmantan’s philosophy to a wider audience across leveraging Taj InnerCircle’s 13 million-strong customer base. Mr. Nikhil Kapur, Founder-Director of Atmantan Wellness Centre
Atmantan was born out of a belief that true wellness lies in the harmony of ‘atma’; spirit ‘mana’; mind and ‘tann’; body. Partnering with IHCL allows us to scale this vision with the same authenticity and depth of experience that our guests have come to trust. Together, we aim to make transformative wellness more accessible, while setting new benchmarks in luxury and holistic well-being. This marks an exciting new chapter in Atmantan’s journey. Mrs. Sharmilee Kapur, Founder-Director of Atmantan Wellness Centre
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Hotel Brand 2024 and India’s Strongest Brand 2024 as per Brand Finance; SeleQtions, a named collection of hotels; Tree of Life, private escapes in tranquil settings; Vivanta, sophisticated upscale hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 360 hotels including 123 under development globally across 4 continents, 13 countries and in over 150+ locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
Please visit: IHCL; Taj; SeleQtions; Tree of Life; Vivanta; Gateway; Ginger
