Kerala Ayurveda has signed a Joint Venture (JV) Agreement with Sanghvi Brands to develop Ayurvedagram Wellness Resorts and Ayurvedagram inspired Ayurvedic Spas across the world. The company and Sanghvi Brands each shall hold 50% of the paid-up share capital of the JV Company.
The joint venture will leverage the unparalleled Ayurveda expertise and credibility of Kerala Ayurveda, along with the global reach and operational infrastructure of Sanghvi Brands.
The joint venture will develop and operate Ayurvedagram Wellness Resorts varying in size from 30 keys to 100 keys. The joint venture will also develop Ayurvedic Wellness Spas inspired by Ayurvedagram, which would be made part of the Spas across luxury hotels, globally.
Kerala Ayurveda is a full spectrum-Listed Ayurveda company and a pioneer in propagating the rich heritage of Ayurveda. Its footprint spans Academies, Wellness Resorts, Hospitals, Clinics, Products and Services in India & USA.