Talwalkars

OZONE Fitness
Public Company(BSE: 533200NSE: 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$15 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 the legacy under the name "Talwalkars Gymnasium" in Bandra, Mumbai in 1962 and the brand has been rapidly growing since then. Today Talwalkars has 80 years of rich experience in health and fitness industry.[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

Talwalkars HIFI-Brand & business under talwalkars, designed to give 100% success to every franchisee partner.

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