Harsh Mariwala launches second health care venture

The Mariwala family has invested nearly Rs 5 crore of personal wealth to set up Aquacentric in Mumbai's Andheri

Published: Jul 30, 2018

Life is not a template and neither is mine. Like several who have worked as journalists, I am a generalist in my over two decade experience across print, global news wires and dotcom firms. But there has been one underlying theme in each phase; life gave me the chance to observe and tell a story -- from early days tracking a securities scam to terror attacks and some of India's most significant court trials. Besides writing, I have jumped fences to become an entrepreneur, as an investment advisor -- and also taught the finer aspects of business journalism to young minds. At Forbes India, I also keep an eye on some of its proprietary specials like the Rich list, GenNext and Celebrity lists. An alumnus of Xavier Institute of Communications and H.R College of Commerce and Economics in Mumbai, I have worked for organisations such as Agence France-Presse, Business Standard, The Financial Express and The Times of India prior to this.

g_107893_aquacentric_therapeuticpool_280x210.jpgImage: Shutterstock

Marico founder harsh Mariwala has launched Aquacentric, a premium physiotherapy-led centre, which focuses on treating orthopaedic, neurology, paediatric and women-related health care issues. Led by physiotherapist Dr Amit Kohli, it offers water, land and air (outdoor)- based therapy.

This is Mariwala’s second venture in the space of wellness after the Mariwala Health Initiative (MHI), a funding agency set up in 2015 to help improve mental health across social classes. MHI and Aquacentric, through ventures founded and invested into by the Mariwala family, remain outside the Marico Group.

The new 7,000-sq-ft area in Andheri in which the Mariwala family has invested nearly ₹5 crore of personal wealth involves the use of two therapeutic indoor pools while exercising on land involves a medical gymnasium with equipment designed for people with specific ailments and disabilities. Aquacentric charges ₹1,500 for a consultancy session and additional charges for treatment.

“Extensive research was done by travelling to the US, UK, Switzerland, and Australia where similar facilities exist,” says Kohli. A second centre will open in Worli followed by ones in Thane and Powai.

(This story appears in the 03 August, 2018 issue of Forbes India. You can buy our tablet version from Magzter.com. To visit our Archives, click here.)

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