Ridhira Group

What Ridhira Group does

Ridhira Group is a Hyderabad-based private wellness conglomerate founded in 2008 by Ritesh Mastipuram. The group operates an integrated portfolio across four pillars: spa services through Ode Spa, described as India's largest spa chain with presence in 31+ cities; wellness-centric residential real estate under branded projects Ridhira Zen, Ridhira Amara, and a larger waterfront project; boutique hospitality under Ridhira Retreats; and Club Ridhira, a fractional ownership platform for wellness properties. The group has also previously scaled to 100+ outlets with international presence in Dubai, Abu Dhabi, and Kuwait before pandemic-era consolidation.

The underlying technology stack includes 3D printing construction (announced for Ridhira Zen in September 2025), biophilic architecture principles, claimed AI-driven personalization of guest experiences, and blockchain infrastructure for the Club Ridhira fractional ownership instrument. Senior leadership is sourced from EMAAR, Accor, Marriott, Radisson, and ITC Hotels, and the group employs 250+ therapists. The Ridhira One Touch App serves as a unified customer interface spanning bookings across the verticals.

The business model combines four distinct revenue mechanics. Spa services generate revenue from outlet operations, memberships, and franchise/licensing fees across the chain. Real estate generates project-cycle revenue from unit sales within branded wellness communities. Hospitality generates revenue from room nights and venue bookings at Ridhira Retreats destinations. Club Ridhira introduces a recurring transaction-fee and management-fee layer tied to fractional property ownership. Customer segments span mass-market spa consumers (1.5M+ served) at the bottom of the pyramid and affluent wellness-property buyers and second-home investors at the top. The company is privately held and has not disclosed external funding rounds in the available material.

Name

Ridhira Group

Legal name

Ridhira Living Pvt. Ltd.

Website

https://ridhira.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Ridhira Group is a Hyderabad-based wellness conglomerate founded in 2008, operating India's largest spa chain (Ode Spa in 31+ cities), wellness-centric residential real estate under the Ridhira Zen and Amara brands, boutique retreats (Ridhira Retreats), and the Club Ridhira fractional property ownership platform.

Ownership category

akta.pro rank

Product category

Wellness Real Estate and Hospitality

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Services-Membership Sports & Recreation Clubs (7997)

akta.pro industry

PRIMARYTHAGACAG

Luxury Wellness & Spa Resorts

Travel & Hospitality/Lodging & Accommodation/Luxury Hotels & Resorts

SECONDARYTHAGAMAB

Wellness Retreat Centers (Yoga, Meditation & Mindfulness)

Travel & Hospitality/Lodging & Accommodation/Wellness, Spa & Health Retreats

SECONDARYTHAJAHAB

Wellness Retreats & Immersions (Multi-day, Digital Detox, Mind-Body Programs)

Travel & Hospitality/Tours, Attractions & Experiences/Wellness & Spa Experiences (Retreats, Thermal Baths, Yoga)

SECONDARYTHAGAKAE

Wellness & Spa All-Inclusive Resorts

Travel & Hospitality/Lodging & Accommodation/All-Inclusive Resorts

Keywords

• Wellness real estate
• Luxury spa services
• Wellness retreats
• Fractional ownership
• Wellness memberships

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Wellness Real Estate Sales: Sale of wellness-centric homes, villas, and plots in resort living communities like Ridhira Zen and Ridhira Amara. Properties include five-star branded resort access and resort-style amenities. Revenue from one-time property sales with potential for rental income support.
2. Ode Spa Services and Memberships: Spa services across 31+ cities in India and 3 international markets (Dubai, Abu Dhabi, Kuwait) operating in hotels, airports, malls, and high streets. Revenue from individual treatments and membership plans offering discounts and privileges.
3. Ridhira Retreats Hospitality: Boutique wellness retreat experiences and event venue hosting (weddings, corporate events, celebrations) at lakefront convention center in Hyderabad. Revenue from accommodation, venue rentals, and event services.
4. Club Ridhira Fractional Ownership: Fractional property ownership platform allowing multiple investors to co-own premium real estate assets. Revenue from transaction fees and platform services on property share trades.
5. Ode Spa Franchise Fees: Franchise fees from Ode Spa franchisees who pay for comprehensive training, brand rights, operational support, and proven business model.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Ridhira Group is a Hyderabad-based wellness conglomerate that develops and sells wellness-themed residential real estate projects (Ridhira Zen, Ridhira Amara, and the 250-acre Ridhira Waterfront project), operates a chain of luxury day spas under the Ode Spa brand, runs boutique wellness retreats under Ridhira Retreats, and offers the Ode Life membership program and Club Ridhira fractional ownership platform for recurring access to its wellness ecosystem. Its customers can also book the Ridhira Retreat Hyderabad Conventions venue for corporate and private events.

Product overview

Ridhira Group operates a multi-brand wellness ecosystem spanning three verticals: Wellness Real Estate, Hospitality, and Spa Services. The portfolio includes flagship wellness real estate communities — Ridhira Zen (Bali-themed villas and plots with an on-site five-star resort), Ridhira Amara (Banyan Tree-inspired villa community for longevity), and an upcoming 250-acre Waterfront Project. Hospitality offerings encompass Ridhira Retreats (boutique wellness escapes across 12+ destinations), Ridhira Retreat Hyderabad Conventions (lakefront events venue), and Ode Life Membership. Spa services are delivered through Ode Spa, India's largest spa chain operating in 31 cities serving 1.5 million+ customers. Supporting these are Club Ridhira Fractional Ownership (for co-investment in premium properties), the Ridhira One Touch App (unified ecosystem connector), and an EMI Calculator. The ecosystem is anchored by parent entity Ridhira Living Pvt Ltd and marketed through platforms at ridhira.com, properties.ridhira.com, partners.ridhira.com, and odespa.com.

Differentiator

Problem solved

Functional benefit

Brands

• Ode Spa: India's largest spa chain offering holistic wellness treatments rooted in ancient healing traditions, with 250+ expert therapists serving 1.5 million+ customers across 31 cities.
• Ridhira Retreats
• Club Ridhira
• Ode Life
• Ridhira One Touch App

Products and services

• Ridhira Zen Wellness-themed residential real estate project by Ridhira Group offering plots/villas within an integrated wellness community for affluent Indian homebuyers and investors.
• Ridhira Amara Wellness-themed residential villa project by Ridhira Group targeting affluent buyers seeking premium wellness lifestyle residences.
• Ridhira Waterfront Project Large-scale 250-acre master-planned waterfront wellness residential community by Ridhira Group, combining wellness living with waterfront amenities.
• Ode Spa Chain of luxury day spas operating across multiple Indian cities, offering premium massage, skincare, and wellness therapies to urban consumers under the Ridhira wellness brand.
• Ridhira Retreats Boutique wellness retreat brand under Ridhira Group offering short-stay wellness escapes and immersive wellness experiences for individual travelers and small groups.
• Ridhira Retreat Hyderabad Conventions Convention and event venue at Ridhira Retreat Hyderabad that hosts corporate events, weddings, offsites, and private gatherings with integrated hospitality services.
• Ode Life Membership Paid membership program that provides recurring access to Ode Spa services, Ridhira Retreats benefits, and other wellness privileges within the Ridhira ecosystem.
• Club Ridhira Fractional Ownership Fractional ownership program that allows members to purchase a share of Ridhira wellness residences, gaining access and usage rights across the Ridhira wellness ecosystem without full ownership.
• Ridhira One Touch App Mobile application by Ridhira Group that lets customers and members discover, book, and manage services across Ode Spa outlets, Ridhira Retreats, memberships, and other wellness offerings.

Quantifiable outcome

• 50% carbon emission reduction through 3D printing construction with sustainable cement alternatives
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

One partnership is on record.

• Five-Star Branded Resort PartnerscoreStrategic or Co-development Partner · 1 January 2025Five-star branded resorts integrated within Ridhira wellness communities (such as Ridhira Zen) enhance credibility, lifestyle experience, rental potential, and resale value. These partnerships ensure international-level management and upkeep of resort amenities within residential communities.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Taj Hotels (Indian Hotels Company): Taj Hotels operates India's largest luxury hotel chain with branded spa offerings (Jiva Spa) and luxury residential projects. Broader incumbent with overlapping capabilities in luxury Indian hospitality, spa services, and branded residences — competing for the same affluent Indian wellness traveler.
• ITC Hotels: ITC Hotels operates luxury Indian hotels with Kaya Kalp spa brand and integrated wellness programming. Broader incumbent comparable on luxury hospitality + spa wellness positioning, though spanning a much wider portfolio of business and leisure hotels.
• Oberoi Hotels & Resorts: Oberoi operates premium Indian luxury hotels with high-end spa facilities targeting affluent business and leisure travelers. Broader incumbent with overlapping luxury hospitality positioning and wellness amenities, though not specialized in dedicated wellness retreats or wellness real estate.

Direct peers

• Chiva-Som: Chiva-Som is a pioneer luxury wellness resort in Thailand offering holistic wellness programs combining spa, nutrition, fitness, and medical services. Direct peer for Ridhira Retreats on luxury wellness hospitality positioning and the integrated spa + wellness experience model.
• Ananda in the Himalayas: Ananda is a leading luxury wellness retreat and spa in India combining traditional Ayurvedic treatments with modern wellness programming. Directly comparable to Ridhira Retreats' boutique wellness escape positioning and Ode Spa's holistic treatment menu.
• Aman Resorts: Aman operates ultra-luxury wellness-focused resorts and Aman-branded residences worldwide, targeting the same affluent global wellness traveler that Ridhira's premium wellness communities and Ridhira Retreats target. Comparable on luxury positioning, biophilic design philosophy, and integrated wellness experience.
• SHA Wellness Clinic: SHA integrates medical wellness, nutrition, and luxury resort hospitality in a single integrated experience, with global ambitions. Highly comparable to Ridhira's integrated wellness ecosystem (real estate + spa + retreats + tech-enabled personalization) and premium positioning.
• Atmantan Wellness Resort: Atmantan is an Indian luxury wellness resort near Pune offering holistic wellness programs, spa treatments, and longevity-focused experiences. Direct peer for Ridhira Retreats within the Indian boutique wellness hospitality segment.
• Six Senses: Six Senses operates luxury wellness resorts globally with integrated spa, wellness programming, and residential/real estate components (Six Senses Residences). Highly comparable to Ridhira's luxury wellness resort + wellness real estate model and Ridhira Retreats positioning.
• CGH Earth (SwaSwara): CGH Earth operates SwaSwara and other Indian wellness retreats blending Ayurveda, yoga, and wellness programming with experiential hospitality. Direct peer for Ridhira Retreats across destinations like Goa and Kovalam where both brands are present.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ridhira-retreat-100095141644465
• LinkedInlinkedin.com/company/ridhira-retreat

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ridhira Group