Mosaic Wellness’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Mosaic Wellness Private Limited | CIN: U52609MH2019PTC328779
Founded in 2019 by Revant Bhate and Dhyanesh Shah, Mosaic Wellness is a health and wellness startup behind popular digital-first brands like Man Matters and Be Bodywise. The company focuses on providing personalized wellness solutions in areas such as men's health, women's health, hair care, and nutrition. Through a strong digital presence and e-commerce model, Mosaic Wellness offers products, teleconsultations, and content to guide customers in their wellness journeys. Backed by Sequoia Capital, Elevation Capital, and other prominent investors, Mosaic has grown rapidly by leveraging tech-led distribution and community engagement.
| Founded | 2019 |
|---|---|
| Headquarters | Mumbai, India |
| Valuation | ~$110 million |
| Annual Revenue (FY24 est.) | ₹125 Cr |
| Net Loss (FY24 est.) | ₹45 Cr |
| Employees | ~350 |
| Round | Year | Amount | Investors |
|---|---|---|---|
| Seed | 2020 | $3 million | SAIF Partners, angels |
| Series A | 2021 | $24 million | Sequoia Capital, Elevation Capital |
Mosaic Wellness’s revenue increased from ₹50 Cr in FY22 to ₹125 Cr in FY24, driven by brand expansion and strong digital sales. Losses have widened moderately due to investments in marketing and tech capabilities.
EBITDA margins have improved slightly but remain negative as the company focuses on growth and market capture across new categories and geographies.
The team has grown from 220 in FY22 to 350 in FY24, reflecting expansion in tech, marketing, and fulfillment operations.
- Expand product lines into new wellness verticals
- Grow presence in tier-2 and tier-3 cities
- Enhance teleconsultation and personalization services
- IPO discussions possible in long term, post profitability
Mosaic Wellness recently launched new hair and skincare ranges, expanded Be Bodywise clinics, and secured additional funding support from existing investors.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹125 Cr – Strong growth across wellness brands |
| Net Loss FY24 | ₹45 Cr – Managed investments for scale |
| EBITDA Margin | -40% – Slight improvement via operational leverage |
| Valuation | ~$110M – Supported by robust consumer demand |
| Employees | ~350 – Expanded to support brand growth |
Mosaic Wellness is emerging as a leader in India's consumer wellness space through brand innovation, digital reach, and personalized services. Continued expansion and community focus position it for strong future growth. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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