Talwalkars
 | |
| Public Company | |
| Traded as |
BSE: 533200 NSE: TALWALKARS |
| Genre | Fitness- Health -Aerobics - Cardio |
| Founded | 1932 |
| Founder | Vishnu Talwalkar |
| Headquarters | Mumbai, India |
Key people |
Madhukar Talwalkar Prashant Talwalkar Vinayak Ratnakar Gawande Harsha Ramdas Bhatkal Anant Ratnakar Gawande[1] Girish Talwalkar |
| Revenue | ₹1,043 million (US$16 million) |
| Website | www.talwalkars.net |
Talwalkars Better Value Fitness Ltd, popularly known as Talwalkars, is India's largest chain of health clubs.[2] It has 152 Health Clubs across 80 cities in India on a consolidated basis, with over 200,000 members.[1]
History
Established in 1932, by late Vishnu Talwalkar, his eldest son - Madhukar Talwalkar, further continued under the name "Talwalkars Gymnasium" in Bandra, Mumbai in 1962.[3] In March 2014, UK based David Lloyd Leisure group begun talks with the management of Talwalkars to acquire around 20 per cent stake in the company.[4] In June 2015, Talwalkars Better Value Fitness and David Lloyd announced their intention to create a joint venture (JV) establishing and managing leisure clubs in India. [5]
References
- 1 2 CJ: rahul apte.. "Talwalkars official fitness partner for Kingfisher Calendar Girl 2011 Hunt". indiainfoline.com. Retrieved 4 September 2010.
- ↑ rahul apte (14 April 2008). "Talwalkars intensifies expansion drive with 8 new branches opened within a fortnight". Indiaprwire.com. Retrieved 4 September 2010.
- ↑ "Talwalkars History, Spreading fitness in over 50 cities". Talwalkars.net. Retrieved 9 January 2013.
- ↑ "Talwalkars, David Llyod [sic] eyes 20% stake in Talwalkars, chain of health centres". The Economic Times. Bennett, Coleman & Co. Ltd. March 27, 2014.
- ↑ "Talwalkars, David Lloyd Leisure to create 50:50 JV to develop leisure clubs". Mint.
Talwalkars HIFI-Brand & business under talwalkars, designed to give 100% success to every franchisee partner.