Online travel aggregator EaseMyTrip has invested ₹60 crore for a 30% equity stake in The Wellness Co’s parent company, Rollins International Pvt Ltd. The luxury wellness clinic chain plans to utilize the funds to boost its presence in the health and wellness tourism sector and expand into major urban areas across India and globally.
The Wellness Co offers a range of advanced health treatments, including whole-body cryotherapy, Hyperbaric Oxygen Therapy, IV Drip Therapy, Red Light Therapy, and Normatec Compression Therapy. With flagship centres in Gurugram, New Delhi, Mumbai, Hyderabad, and Bengaluru, the company is now planning to expand to Kolkata, Pune, and Chennai. Internationally, the brand aims to establish a presence in the Middle East and Southeast Asia.
Rohan Jain, Co-founder of The Wellness Co, expressed enthusiasm about the investment:
“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, capitalising on the burgeoning health tourism sector. This collaboration enables us to extend our services to a broader audience, both domestically and internationally.”
EaseMyTrip’s investment marks a significant step in the company’s efforts to diversify into the medical and wellness tourism market. The travel aggregator also announced a separate acquisition of a 49% equity stake in Pflege Home Healthcare for ₹30 crore, further broadening its scope in the healthcare sector.
Nishant Pitti, CEO and Co-founder of EaseMyTrip, highlighted the importance of these acquisitions:
“EaseMyTrip’s portfolio has grown manifold with the inclusion of Rollins International and Pflege Home Healthcare. It is a pivotal progression for us towards revolutionising medical tourism. With the growing demand for accessible, quality healthcare services, this acquisition was necessary to meet the evolving needs of travellers seeking wellness and medical solutions.”