sól bathhouse interior

A Health Culture Club

sól

Bengaluru · 2027

The problem

We are the most connected generation in history, yet we have never been lonelier

60%

Burnout culture

of India's working-age adults now report symptoms of burnout

India Today / NIMHANS (2025/2026)

9 hrs

Excessive screen time

The average Indian user spends nearly 5 hours daily on mobile. For Gen Z, this often exceeds 9 hours.

Economic Survey of India (2026) / EY Entertainment Report

43%

Loneliness epidemic

of urban Indians report feeling lonely and 'friendless' most of the time

Ipsos Global Survey / Cigna Healthcare Loneliness Index

$256B

Growing focus on wellness

India's health and wellness market reached $156B in 2024 — projected $256B by 2033 at 5.3% CAGR

IMARC Group, 2024

The "sober curious" movement

Gen Z is drinking less than any other generation — actively seeking social rituals beyond alcohol

Global Wellness Summit 2026 / Esquire India

The gap

The world has solutions to this problem. Just not the right one.

The Bar

Has gone social — but it runs on alcohol

The Gym

Has gone social with community building aspects — but it runs on performance, effort, and output

The Spa

Helps recovery — but it was never designed to be social

The Gap

None of them leave you genuinely nourished — physically, mentally, and socially — without asking you to drink, perform, or be alone

The solution

The right solution has a mix of the best of all three worlds

The Bar

Social

The Gym

Community

The Spa

Recovery

The solution

sól

Social bathhouse culture

The insight

The social bathhouse culture is booming in other countries to fill this gap

"Social bathhouses — a huge global trend driving the thermal springs market's projected 10% annual growth"

Global Wellness Institute Economy Monitor, 2025

"In America's cities, saunas are becoming the hottest social spot. The wellness club is Gen Z's country club"

Vogue, 2025

"Saunas and other water-based amenities are booming"

New York Times, 2025

Forbes

Bathhouse is changing the face of wellness across America

Vanity Fair

Inside New York City's sauna wars: the real heated rivalry

Bloomberg

Why we're all trading happy hours for the bathhouse

CNBC

Inside the booming business of wellness third spaces

Success stories

Many companies across the globe have successfully capitalized on this booming industry

Othership — Toronto, NYC

Founded 2020. 4 locations, $21M estimated annual revenue, $20M raised. Backed by Winklevoss + Shawn Mendes. 20+ North American locations planned.

Growjo.com / PitchBook · Fitt Insider, January 2024

Bathhouse — NYC

Founded 2019. ~1,000 customers per day. $120M run rate target by end of 2026. 8 new locations announced.

CNBC, March 7 2026

Aire Bathhouse — Chicago, NYC

Founded 2004. €69.4M annual revenue, up 15% YoY in 2025. €55M expansion plan into Toronto + LA.

AIRE Annual Report / Companies House filing

Sky Lagoon — Reykjavik

Founded 2021. ~350 visitors per day. Sells out months in advance. $110–130 ticket price.

Sky Lagoon press materials

Therme Group — Vienna, Bucharest, Erding, Singapore

Founded 2015. 3.5M annual visitors. €320M financing secured 2024. €1.25B CVC Capital joint venture. $1B Singapore project.

Therme Group press releases · Financial Times · Business Times Singapore

Case study — Othership

They didn't build a sauna studio. They built a new category.

Founded in Toronto, Othership was born out of a desire to solve two modern crises: the loneliness epidemic and digital burnout. They successfully rebranded the sauna and ice bath as tools for emotional regulation and social connection.

Why it works

The Classes

28 ways to feel something. Large-scale sauna and ice bath experiences.

The Aufguss

Ancient ritual, modern magic. Othership's most distinctive element.

Social Hours

A two-hour sober-curious gathering. A night out that leaves you feeling good.

"People are tired of going to a bar or restaurant to have a social night out. People want to reconnect with themselves, relax, drop their guard, and feel safe. Othership is a way to socialise without the distractions of technology and reap the health benefits along the way."

Amanda Laine, Co-founder — CNBC, March 7 2026

"Othership is AMAZING. I felt my whole body vibrating like crazy. I came out feeling brand new."

TripAdvisor, Othership Adelaide location, Toronto

"Something core to Othership is sharing the plunge, maybe looking at each other, doing this hard thing together to connect, and then share after."

Fortune, January 2 2025

The market — Bengaluru

The money and curiosity has arrived, but the infrastructure for social recovery hasn't

Bengaluru's billion-dollar cohort…

Bengaluru is the #3 fastest-growing wealth hub globally with 120% millionaire growth

Henley & Partners / Knight Frank Wealth Report 2025

…already spends on this…

68% of urban Indian millennials say they prioritise experiences over material purchases

Deloitte India Consumer Survey 2024

Indian Gen Z makes up ~30% of the population and drives 43% of national consumption, with 1 in 3 dedicating 20% of their income to wellness

IMARC Group / Snap Inc. / BCG "The $2 Trillion Opportunity" March 2026

…with limited outlets for their growing passions

72% of affluent drinkers are actively seeking alcohol-free alternatives

Redseer Strategy Consultants / IWSR Bevtrac Consumer Research Report Dec 2024

While this generation has disrupted how they work, eat, and invest — the Saturday Night remains stubbornly unchanged

In Bengaluru, we are targeting the ₹10,000 Cr segment that is currently over-spending on alcohol and under-served in wellness

The experience

Every visit moves through the same elements — heat, cold, stillness, connection.

Path 1 — The Free Flow

A self-guided journey through the seven elements. Move at your own pace. Our hosts are present for support — but this time is entirely yours. Available daily.

The suggested seven-step ritual

01
The Warm-upEnter the hot mineral bath. Muscles open.
02
The SweatInto the sauna. Live aufguss ceremony with essential oils.
03
The ShockCold plunge. Nervous system ignites. Mind goes quiet.
04
The GlowEssential oil body scrub — matched to your session's intention.
05
Cold MistA corridor of cold mist between sauna and steam.
06
The SteamDeep humid heat. Oils open. The ritual closes.
07
Social StillnessThe relaxation lounge. Tea, mocktails, connection.

Path 2 — Guided Journeys

Led by a trained sól guide. 75 minutes. A specific emotional or physical intention. Curated soundscape, breathwork, essential oils.

Less like a class. More like a journey with someone who knows the terrain.

Feel Good Now

High energy. Breathwork and cold. Out of your head fast.

Wind Down

Slow and deliberate. Untangle tension. Deep restoration.

Reset

Physiological deep clean. Cold protocols and breath holds.

Sound Immersion

Live singing bowls through the full thermal journey.

Saturday night at sól

The social — Friday & Saturday nights

This is what Saturday night looks like when it's built around how you want to feel on Sunday.

The sauna full. The DJ on. Mocktails at the bar. People talking — really talking.

Phone-Free Zone

Strictly digital-detox. Real conversation. Present connection.

The Wellness Bar

Mocktails, tonics, teas. Designed for social nourishment.

Live DJ

High-vibe energy in the lounge. Friday and Saturday nights only.

"A night that leaves you better than it found you."

Amanda Laine, Co-founder — Othership · CNBC, March 7 2026

The business

Access is earned. Membership is the floor.

Base Membership

₹19,999

per month · includes 100 credits

Credit pricing

Weekday daytime (10am–5pm)  10 credits
Weekday evening (5pm–10pm)  20 credits
Weekend / public holiday  30 credits
Guided Journey add-on  +20 credits

Additional credits purchasable at ₹4,000 per credit · Annual membership at 10-month pricing · Founding 100 members locked at ₹19,999/month for life

Revenue streams

Bar

Mocktails, tonics, teas. 60–70% margin, high attach rate.

Retail

Oils, scrubs, candles, sauna hats, sweatshirts, towels.

Guided Journeys

Premium facilitated sessions. Credit add-on.

Brand Partnerships

Wellness, beauty and lifestyle brands.

The numbers

This is a 70% gross margin business.

8 mo

To 70% contribution margin

Gross margin achieved within the first eight months of operation.

9 mo

To positive net profit

Net profits achieved including rent — our single largest expense.

160

Members to breakeven

Break-even with the first centre at a Capex of $265K USD.

8 mo

To full breakeven

Complete payback on investment including all fixed costs.

This is one room. In one city.

This is not the destination. This is the starting point.

The vision

Divided by cities. United by the sól tribe.

Our members are global citizens. Whether closing a deal in Bandra or leading a sprint in Hitec City, sól Travel Mode ensures their recovery follows them.

Home Away From Home

A sól centre in every major hub becomes the default third space for India's most mobile professionals.

Proprietary OS

We've codified the ritual and the environment. Expansion is simply a matter of deployment, not discovery.

01

Bangalore

02

Mumbai

03

Hyderabad

04

Chennai

The fire is ready.

sól · Bangalore · 2027

The founder

Built by someone who needed this herself.

Aparajida Subramanien — Founder, sól

Aparajida Subramanien

Founder · sól

Kellogg MBA · McKinsey · AMEX · SaaS (UAE)

Apara knows the burnout cycle intimately — and decided to engineer the antidote. A Kellogg MBA and seasoned tech strategist, she's spent her career scaling high-value ecosystems across the US, UAE, and India — as an Engagement Manager at McKinsey (San Francisco), a Strategist at AMEX (New York), and a Product Leader at a high-growth SaaS company in the UAE.

To build sól right, she took the plunge — literally. Over six months she visited 15+ premier bathhouses across three continents — from NYC to Iceland to Singapore — soaking in every ritual and distilling the world's best into one blueprint.

Othership

New York

Blue Lagoon

Iceland

Nowhere Baths

Singapore

Sky Lagoon

Iceland

Bathhouse

New York

+ 9 more

globally

"I didn't want to just open a bathhouse. I wanted to build the one I'd been searching for."

Aparajida Subramanien · Founder, sól

The journey

The winding road. What we're building towards.

1

Q2 '26

Close funding
Secure one location
2

Q3 '26

Begin construction
Design UX and user journeys
3

Q4 '26

Complete construction
Complete key hires
Soft launch with friends, family and influencers
4

2027

Launch Q1 '27
Prove unit economics by Q2 '27
Begin expansion Q3 '27

Every great journey starts with a single room.

sól · Bangalore · 2027