GlobalSpa
18-Nov-2025
With a majority stake in Atmantan, IHCL expands into holistic wellness to make wellness more accessible and refined.
Indian Hotels Company (IHCL), India’s largest hospitality company, has signed definitive agreements to acquire a 51% stake in Sparsh Infratech Private Limited, the owning company of the brand ‘Atmantan’, a luxury wellness centre in Mulshi, 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 an 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.”
Atmantan, spread across 36 acres overlooking Mulshi Lake and the Sahyadri hills, offers transformative programmes rooted in Ayurveda, Yoga, Indian Naturopathy, Physiotherapy, Nutrition, Counselling, Coaching and Fitness. The luxury wellness retreat has become a premier destination for holistic well-being, addressing stress management, detoxification, weight loss, and preventive healthcare through scientifically designed, lifestyle-based programmes and therapies. A GOLD LEED-certified project, Atmantan is built to harmonise with its natural surroundings through sustainable practices. From passive architecture and India’s largest solar hot water installation to eco-friendly sewage treatment and the use of recycled materials, every element reflects a commitment to environmental stewardship.
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.
“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
“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.” Mrs Sharmilee Kapur, Founder-Director of Atmantan Wellness Centre.
