Sanjeev Singhai, Founder, Wellnessta is a committed professional visionary from the advertising world with a thicket of experience in business operations and strategy. Wellnessta's business model is not revenue driven but vendor recruitment based which will translate into revenue growth for the company. The technical architecture of the platform is built to meet multiple market requirements. Built with an intention to claim a leadership position in the wellness and grooming services space its wishes to accomplish its goalmouths by entering new markets with the cold sight of a first opportunity, that's how a true marketplace thriving and serving the purpose of business will be a reality.
SME WORLD in an email interaction with Sanjeev Singhai:
What is the state of the wellness industry in India and how it is set to grow?
In the past decade, India has moved rapidly towards globalization. Every industry has grown, and wellness industry is no exception and is growing with rate of around 18% CAGR. With the change in the lifestyle of people, Wellness is no longer limited to curing illness but rather focused on improving health. Holistic approach towards mind, body, soul wellbeing to do well in life is driving the wellness industry in India. Growing awareness, increasing income levels and desire for better lifestyle & health among today's Millennials are few of the key factors that have led to this change in mindset. The market has expanded to include personal grooming, fitness, preventive healthcare, mental health and physical wellbeing, creating an unprecedented demand for Salon, Spa, Ayurveda, Yoga, Meditation, Fitness, Naturopathy, etc.
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