The investment will enable The Wellness Co. to expand its presence in major cities across India and internationally, leveraging the growing interest in wellness tourism, the company said.
Further, the investment will help The Wellness Co. expand its portfolio of advanced, medically supervised treatments such as cryotherapy, HBOT, IV Drip Therapy, and Red Light Therapy, enhancing both physical and mental well-being
The Wellness Co operates luxury wellness clinics that offer high-tech and personalised wellness solutions. The brand specialises in a diverse range of advanced and holistic therapies designed to promote overall well-being
The Wellness Co, a luxury wellness brand, has secured INR 60 Cr from online travel aggregator EasyMyTrip for a 30% equity stake in its parent company, Rollins International Pvt Ltd.
Recently, Inc42 reported that EasyMyTrip’s parent entity, Easy Trip Planners, has approved the acquisition of two companies for a total of INR 90 Cr. This includes a 30% stake in Rollins International for INR 60 Cr ($7.15 Mn) and a 49% stake in Pflege Home Healthcare Center LLC for INR 30 Cr ($3.5 Mn).
With this, the wellness brand seeks to enhance its presence in the burgeoning health and wellness tourism sector.
The investment will enable The Wellness Co. to expand its presence in major cities across India and internationally, leveraging the growing interest in wellness tourism, the company said.
Further, the investment will help The Wellness Co. expand its portfolio of advanced, medically supervised treatments such as cryotherapy, HBOT, IV Drip Therapy, and Red Light Therapy, enhancing both physical and mental well-being. Backed by EaseMyTrip, the brand aims to integrate luxury wellness services into travel, providing seamless access to health therapies for travellers prioritising well-being.
Rishabh Jain, cofounder of The Wellness Co, stated, “With Easemytrip
as our partner, we are not only broadening our reach but also shaping the future of health tourism. Our therapies are crafted to enhance lives through advanced, results-oriented solutions, and with this support, we are ready to present them on a global platform.”
Rohan Jain, cofounder of The Wellness Co., expressed his enthusiasm regarding the partnership, stating, “Our goal has consistently been to empower individuals to pursue healthier lifestyles through scientifically supported wellness solutions. With the strategic investment from EaseMyTrip, we can now integrate wellness with travel, capitalizing on the burgeoning health tourism sector. This collaboration enables us to extend our services to a broader audience, both domestically and internationally.”
The Wellness Co operates luxury wellness clinics that offer high-tech and personalised wellness solutions. The brand specialises in a diverse range of advanced and holistic therapies designed to promote overall well-being. The Wellness Co. operates as a branch of Rollins International Pvt. Ltd., a subsidiary of Singapore-based RHA Holding Pte Ltd.
Rollins International has a broad portfolio encompassing wellness, healthcare, and consumer goods, including gluten- and lactose-free food products, allergen-free health supplements, and specialised wellness treatments.
The Wellness Co currently runs flagship centres in Gurugram, New Delhi, Mumbai, Hyderabad, and Bengaluru. Following an investment from EaseMyTrip, the company aims to broaden its reach into new cities such as Kolkata, Pune, and Chennai, as well as expand into international markets, including the Middle East and Southeast Asia.
With support from EaseMyTrip, The Wellness Co is poised for significant growth in the global wellness tourism sector. The brand plans to introduce wellness packages combining luxury accommodations with health treatments, targeting both leisure travellers and those seeking preventive care.
Founded in 2008, by three siblings Nishanth, Rikant and Prashanth Pitti, EaseMyTrip went public in March 2021. Since then, it has been actively expanding its range of travel-related services to cater to evolving customer needs.
EaseMyTrip reported a 31% year-on-year increase in its net profit to INR 33.9 Cr in Q1 FY25, up from INR 25.9 Cr in Q1 FY24. The company’s operating revenue increased 23% to INR 152.6 Cr during the quarter under review, up from INR 124 Cr in the year-ago quarter.
By Inc42 Media
Source: Inc42 Media