Colonel Achal Sridharan, VSM after retiring from the army in 1995, forayed into real estate development business in Coimbatore. In 2001, Covai Property Centre (India) Private Limited (popularly known as Covai) was incorporated.
The seamless transition of Covai to CovaiCare® has been made possible mainly because of the visionary leadership of Colonel. His foresight has been acknowledged in the senior retirement community segment. The retirement community developed by CovaiCare in 2004, received a Platinum rating by IGBC (Indian Green Building Council) in 2018, becoming India’s first retirement community to get the Platinum rating.
Colonel Achal Sridharan has authored many concepts in senior living and care that cater to the Indian market.