IHCL acquires a 51% stake in Atmantan. With this, IHCL strengthens its footprint in luxury wellness and signalling a major move toward experiential, preventive, and holistic hospitality. Read along to learn more.
The Indian Hotels Company (IHCL) has signed definitive agreements to acquire a 51% stake in Sparsh Infratech Private Limited, the owning company of luxury wellness brand Atmantan. Located in Mulshi near Pune. Atmantan is a renowned holistic health destination known for its integrated and science-backed wellness philosophy. The acquisition gives IHCL full ownership of the Atmantan brand and its intellectual property. This marks a strategic step in strengthening its presence in the fast-growing wellness segment.
Strategic move to diversify hospitality offerings
This investment aligns with IHCL’s long-term vision of expanding beyond traditional hospitality into high-demand experiential and wellness-driven offerings. Consumer preferences are shifting toward preventive healthcare, lifestyle wellness, and immersive retreats. Hence, IHCL aims to leverage Atmantan’s proven expertise to scale wellness experiences across select domestic and international properties within its portfolio.
Atmantan: A wellness destination with holistic roots
Nikhil Kapur and Sharmilee Kapur founded Atmantan in 2015. It derives its name from the Sanskrit words Atma (spirit), Mana (mind), and Tann (body). This reflects its core philosophy of holistic healing. Spread across 36 acres overlooking Mulshi Lake and the Sahyadri hills, the 97-key Atmantan Wellness Centre offers structured, results-focused programs rooted in Ayurveda, Yoga, Naturopathy, Physiotherapy, Nutrition, Counselling, Coaching, and Functional Fitness. These programs address key wellness goals such as stress management, detoxification, weight loss, and preventive healthcare.
Scaling a proven wellness model
Atmantan’s success has made it a benchmark for modern wellness hospitality that blends Indian traditions with scientific validation. Through its integration, the brand is expected to evolve into a scalable model for luxury wellness retreats globally. Hospitality brands are increasingly diversifying into wellness, sustainability, and experiential travel to meet rising consumer demand. IHCL’s move highlights this broader industry trend.
From the leadership desk
Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL
“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.”
“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.”
Nikhil Kapur, Founder-Director of Atmantan Wellness Centre
“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.”
Sharmilee 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.”
