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

EntrackrEntrackr · 1d 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.

FAE Beauty raises $2 Mn led by Spring Marketing Capital

EntrackrEntrackr · 3m ago
FAE Beauty raises $2 Mn led by Spring Marketing Capital
Medial

FAE Beauty raises $2 Mn led by Spring Marketing Capital FAE Beauty has raised Rs 17 crore (about $2 million) in a new funding round led by Spring Marketing Capital. Existing investors Titan Capital, Winners Fund, Arihant Patni, and several angels also participated. Founded by Karishma Kewalramani, a UC Berkeley graduate and trained makeup artist, FAE Beauty focuses on colour cosmetics created for Indian skin tones and undertones. Its flagship products Lip Whip, Lush Blush, and Eye Deal Kajal address gaps in shade diversity and combine makeup performance with skincare elements such as hydration, anti-pigmentation ingredients, and long-wear finishes. The company plans to use the capital to scale product innovation, introduce new face-focused categories, and expand its presence across direct-to-consumer channels, marketplaces, quick commerce platforms, and offline retail. Kewalramani added that consumer expectations are shifting toward makeup that offers performance, care, and better shade representation. FAE Beauty claims strong traction among Gen Z and millennials, with distribution on Amazon, Nykaa, Blinkit, Tira, Myntra, and its own website. The company has been focusing on hero SKUs in lip and eye categories and has recently expanded into skin tints and other face products. Spring Marketing Capital head of investments Kaushik Dasgupta said FAE Beauty is well positioned at the intersection of skinification and self-expression and noted the brand’s ability to build community and repeat usage through product formulation and content-led engagement. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.

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