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IHCL Acquires 51% Stake in Luxury Wellness Brand Atmantan
17 Nov
Summary
- IHCL, India's largest hospitality firm, acquires 51% stake in Atmantan
- Expands IHCL's presence in the growing wellness tourism market
- Partnership with Atmantan founders to leverage their proprietary wellness expertise
On November 17, 2025, the Indian Hotels Company Limited (IHCL), India's largest hospitality firm, announced that it has signed definitive agreements to acquire a 51% stake in Sparsh Infratech Private Limited, the owning company of the luxury wellness brand Atmantan. The deal gives IHCL full ownership of the Atmantan brand and its proprietary wellness expertise, paving the way for expanding the platform in partnership with the brand's founding promoters.
Puneet Chhatwal, the Managing Director and Chief Executive Officer of IHCL, stated that the growing wellness tourism market is witnessing a convergence of health and hospitality, with an increasing number of travelers seeking immersive wellness experiences. By acquiring Atmantan, IHCL is marking its entry into the integrated wellness segment, leveraging Atmantan's holistic and unique wellness proposition and proven business model.
Nikhil Kapur, the Founder-Director of Atmantan Wellness Centre, expressed that the partnership with IHCL marks a landmark deal in the global wellness industry. Atmantan has been committed to redefining wellness through integrated, science-backed programs, and with IHCL's deep hospitality expertise and shared values, they are poised to take Atmantan's philosophy to a wider audience across the world, including through Taj InnerCircle's 13 million-strong customer base.
