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Mosaic Wellness raises Rs 200 Cr from 360 ONE; Spring Marketing Capital partially exits

EntrackrEntrackr · 10d ago
Mosaic Wellness raises Rs 200 Cr from 360 ONE; Spring Marketing Capital partially exits
Medial

Consumer health platform Mosaic Wellness has raised Rs 200 crore ($21 million) in primary capital from alternative asset manager 360 ONE Asset, while early investor Spring Marketing Capital secured a partial exit through the transaction. The fresh capital will be used to accelerate investments across emerging opportunities in the consumer health and wellness ecosystem. Founded in 2020, Mosaic Wellness operates digital-first consumer health brands including Man Matters, Be Bodywise, Little Joys, and Root Labs. The platform serves over six million consumers annually across categories such as hair health, body care, nutrition, fitness, and children’s wellness. The company provides consultations through a network of more than 150 doctors and conducts over 100,000 consultations every month. Mosaic Wellness has been profitable for more than a year and plans to use the new capital to expand its platform and strengthen its position in the consumer health market. The investment also marks the entry of 360 ONE Asset into Mosaic Wellness’ cap table alongside existing investors Elevation Capital, Peak XV Partners, Z47, and Think Investments. With the fresh round, Mosaic Wellness has raised a total of $84 million in funding to date. According to the company, the secondary transaction delivered returns for Spring Marketing Capital, which will continue to retain a portion of its stake in the company. The company’s operating revenue grew 2.2X to Rs 736 crore in FY25 from Rs 333 crore in FY24. As revenue growth outpaced the increase in expenses, Mosaic Wellness reduced its net loss by 69% to Rs 12 crore in FY25.

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