Talwalkars

OZONE Fitness

Type	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

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. March 27, 2014.
5. "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.