Talwalkars

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Talwalkar
Traded asBSE533200
NSETALWALKARS
GenreFitness- Health -Aerobics - Cardio
Founded1932
Founder(s)Vishnu Talwalkar
HeadquartersMumbai, India
Key people
Madhukar Talwalkar
Prashant Talwalkar
Vinayak Ratnakar Gawande
Harsha Ramdas Bhatkal
Anant Ratnakar Gawande[1]
Girish Talwalkar
Revenue1,043 million (US$12 million)
Websitewww.talwalkars.net

Talwalkars Health Clubs 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[edit]

Established in 1932, by late Mr. Vishnupant 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 percent 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[edit]

  1. 1.0 1.1 CJ: rahul apte.. "Talwalkars official fitness partner for Kingfisher Calendar Girl 2011 Hunt". indiainfoline.com. Retrieved 4 September 2010.
  2. rahul apte (14 April 2008). "Talwalkars intensifies expansion drive with 8 new branches opened within a fortnight". Indiaprwire.com. Retrieved 4 September 2010.
  3. "Talwalkars History, Spreading fitness in over 50 cities". Talwalkars.net. Retrieved 9 January 2013.
  4. "Talwalkars, David Llyod [sic] eyes 20% stake in Talwalkars, chain of health centres". The Economic Times. Bennett, Coleman & Co. Ltd. 27 March 2014.
  5. "Talwalkars, David Lloyd Leisure to create 50:50 JV to develop leisure clubs". Mint.