Mosaic Wellness has raised INR 200 crore in new funding from 360 One Asset.
As part of the funding round, early investor Spring Marketing Capital made a partial exit. The firm had invested about ₹9.2 crore in 2021 for a 1.4% stake in Mosaic Wellness. It has now sold about half of its stake, earning around a 6.5× return, which equals roughly 50% internal rate of return (IRR) over four years, according to sources.
“We started Mosaic Wellness on the belief that every Indian deserves access to credible, science-backed healthcare solutions. Our next chapter will focus on expanding this mission globally,” Revant Bhate, CEO of Mosaic said.
“Consumer health is entering a structural growth phase in India as awareness, digital access, and preventive healthcare adoption accelerate,” said Chetan Naik, Senior Fund Manager at 360 One Asset. “The company’s ability to scale profitably while maintaining strong consumer engagement stood out to us,” he added.
Mosaic Wellness was founded in 2020 by Revant Bhate and Dhyanesh Shah. It is a multi-brand consumer health company that runs several digital-first wellness brands.
Its first two brands, Man Matters and Be Bodywise, work as digital health clinics for men and women.
These platforms offer products related to hair care, body care, general health, and fitness, along with online doctor consultations.
The company also runs a child wellness brand called Little Joys and a U.S.-focused diagnostics and preventive health platform called Root Labs.
Mosaic Wellness has been profitable for more than a year and reported a small loss of ₹11 crore in FY2025. The company plans to use the new funding to invest in new growth opportunities in the consumer health and wellness sector.
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