Mosaic Wellness, the parent company behind popular health brands like Man Matters, Bodywise, and Little Joys, has raised ₹175 crore (around $20 million USD) in a funding round led by Think Investments. With this investment, the company is now valued at approximately $400 million.
Founded in 2020 by Revant Bhate and Dhyanesh Shah, Mosaic Wellness is a digital-first Indian startup focused on personal health and wellness. It operates three specialized brands:
- Man Matters – for men’s grooming, hair care, nutrition, and sexual wellness,
- Bodywise – for women’s skincare, hormonal balance, and health needs,
- Little Joys – offering nutritious supplements and wellness products for children.
The startup aims to simplify healthcare through expert guidance and personalized solutions delivered directly to consumers. It has built a strong online presence, combining e-commerce with medical consultations.Mosaic Wellness aims to make personalized health and wellness solutions accessible and affordable for everyone in India. By combining technology, expert medical advice, and high-quality products, the startup focuses on solving everyday health concerns in a simple, private, and convenient way
Ultimately, Mosaic Wellness wants to become the go-to platform for personalized, preventive, and everyday wellness care for the modern Indian family.
Before this round, Mosaic Wellness had already raised over $65 million, including a notable $24 million Series A led by Sequoia Capital India in 2021. The company has shown solid business growth — in FY24, it reported a 61% jump in revenue to ₹333 crore, up from ₹206 crore in FY23. At the same time, it reduced its losses by 37%, bringing them down to ₹39 crore.
With this latest round of funding, Mosaic Wellness plans to expand its product range, strengthen its supply chain, and reach deeper into Tier 2 and Tier 3 cities. The goal is to make quality wellness solutions more accessible to people across the country.
As health becomes a growing priority for Indian consumers, Mosaic Wellness is well-positioned to lead the way in digital-first personal care for men, women, and children alike.
