Mosaic Wellness
Overview
Mosaic Wellness is an Indian digital healthcare startup founded in 2019 by Revant Bhate and Dhyanesh Shah. Based in Thane, Maharashtra, Mosaic Wellness aims to provide holistic health solutions through its digital platforms such as Man Matters, Be Bodywise, and Little Joys, catering to men, women, and children, respectively. As of the latest reports, Mosaic Wellness has raised approximately $50 million across multiple funding rounds to support its growth and product development.
Recent Developments
- February 2025: Mosaic Wellness reported a significant increase in its yearly revenue, reaching INR 333.32 crore in FY24, a 60% growth compared to the previous fiscal year. The company also decreased its net loss by 38% to INR 38.78 crore. This financial growth is mainly attributed to the sale of health and wellness products through its brands Man Matters, Be Bodywise, and Little Joys.
- January 2025: Mosaic Wellness is reportedly in discussions to raise a new round of funding to continue its expansion and innovation efforts.
- November 2024: The company received recognition for its innovative product, BE BODYWISE 4% AHA BHA Underarm Roll-On, and won a Propel Award in the Health & Wellness category.
- Earlier in 2024: Mosaic Wellness reached a turnover of INR 341.69 crore, with significant contributions from online sales, marking it as one of the fast-growing health startups in India.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Thane, Maharashtra, India |
| Founders | Revant Bhate, Dhyanesh Shah |
| Revenue | INR 342 crore as of FY24 |
| Profits | -INR 38.77 crore as of FY24 |
| Key Investors | Peak XV Partners, Elevation Capital |
| Industry | Health and Wellness, Telemedicine |
| Number of Employees | Approximately 372 |
Early History
Mosaic Wellness was established with the goal of addressing elective health concerns through digital platforms. The founders, Revant Bhate and Dhyanesh Shah, started the company in response to a growing need for personalized health and wellness solutions accessible directly to consumers. Starting with only a few employees, the company rapidly expanded its platform offerings to include telemedicine services, nutritional supplements, and personal care products. Initial funding was secured through prominent investors, allowing Mosaic Wellness to scale its operations quickly and address a market gap in digital health solutions.
Company Profile and Achievements
Mosaic Wellness operates three primary digital health platforms: Man Matters, Be Bodywise, and Little Joys. Each offers targeted solutions for specific demographics, helping to establish Mosaic Wellness as a key player in the digital health sector. Achievements include:
- Launching tailored health solutions for men, women, and children, with over 8 million customers served.
- Securing major investment rounds totaling $50 million, helping to propel product development and market penetration.
- Recognized for its innovative product lines in the personal care and health sector, garnering awards such as the Propel Award for its BE BODYWISE Roll-On.
- Rapid company growth, marked by a six-fold increase in revenue during the early years of operation.
Current Operations and Market Position
Mosaic Wellness currently stands as a leading digital health company in India, leveraging technology to offer telemedicine and personalized health products. The company distinguishes itself through its digital-first approach to elective health concerns. Mosaic Wellness emphasizes customer-centric solutions and continues to innovate with new product lines and digital health services. With a strategic focus on marketing and customer acquisition, the company has maintained a competitive edge in the health tech industry.
Mosaic Wellness Company Products
Mosaic Wellness offers products across three main platforms:
- Man Matters: Focused on men’s health, addressing issues like hair loss, sexual health, and nutrition.
- Be Bodywise: Dedicated to women's health concerns, such as PCOS, skin health, and nutrition.
- Little Joys: Provides solutions for children's health, focusing on physical, mental, and emotional development.
Mosaic Wellness Company Reviews
Mosaic Wellness generally receives positive feedback for its innovative approach and product quality. Customers appreciate the convenience and effectiveness of products tailored to their specific needs, with telemedicine features enhancing the overall customer experience. However, some reviews mention occasional logistical or service challenges, typical of a rapidly growing startup.
Conclusion
Mosaic Wellness has made significant strides in the digital health sector since its inception in 2019. By focusing on personalized and accessible wellness solutions, the company has effectively positioned itself as a key player in health tech. As Mosaic Wellness continues to innovate and expand its offerings, it is poised to make a substantial impact on India's healthcare market, advancing its mission to provide comprehensive wellness solutions to diverse demographics.