IHCL Acquires 51% Stake in Atmantan, Marks Entry Into Integrated Wellness Segment

IHCL Acquires Majority Stake in Atmantan, Enters Integrated Wellness Segment

The Indian Hotels Company (IHCL), India’s largest hospitality group, has announced the signing of definitive agreements to acquire a 51 percent stake in Sparsh Infratech Private Limited, the owning company of Atmantan Wellness Centre. Located in Mulshi near Pune, Atmantan is one of India’s most prominent luxury wellness destinations, known for its holistic, science-backed healing and transformative programmes.

With this acquisition, IHCL will gain ownership of the Atmantan brand and its proprietary expertise, enabling the company to expand its wellness portfolio in collaboration with Atmantan’s founding promoters. The move marks IHCL’s strategic entry into the fast-growing integrated wellness sector, positioning the company to cater to the rising global demand for immersive wellness tourism.

IHCL Leadership on Entering the Wellness Space

Commenting on the acquisition, Puneet Chhatwal, Managing Director & Chief Executive Officer of 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 further 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.”

Atmantan Founders on the Strategic Partnership

The founders of Atmantan Wellness Centre expressed enthusiasm for the new partnership, calling it a landmark milestone in the global wellness landscape.

Nikhil Kapur, Founder-Director of Atmantan Wellness Centre, said, “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.”

Echoing the sentiment, Founder-Director Sharmilee Kapur added, “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.”

A Major Move in the Rising Wellness Tourism Market

The acquisition not only strengthens IHCL’s expanding portfolio but also aligns with the global shift towards transformative wellness travel — a segment projected to grow rapidly as travelers prioritize health, nutrition, detoxification, stress relief, and mind-body rejuvenation.

Atmantan’s well-established reputation for delivering evidence-based wellness programmes positions IHCL to tap into a high-value market that demands authenticity, expertise, and luxury hospitality.

Future Outlook: A Global Wellness Expansion

With IHCL’s widespread hospitality network and Atmantan’s deep-rooted wellness expertise, the collaboration is expected to drive the creation of new integrated wellness destinations across India and select global markets. Leveraging IHCL’s brand power and customer base, the Atmantan brand is poised for significant growth, opening pathways for innovative wellness retreats, transformative programs, and immersive healing experiences.