Mosaic Wellness

What Mosaic Wellness does

Mosaic Wellness is a Mumbai (Thane)-based multi-brand direct-to-consumer health and wellness company founded in 2019/2020 by Revant Bhate and Dhyanesh Shah. The company operates four distinct vertical-specific wellness brands—Man Matters (men's health, launched 2020), Be Bodywise (women's health, 2021), Little Joys (children's health, 2024), and Root Labs (Indian Ayurvedic wellness for global markets, 2025)—each targeting specific demographic segments with science-backed products and integrated online doctor consultations.

The core platform combines e-commerce storefronts with telemedicine consultations, delivering 200+ SKUs across nutrition and wellness categories. Distribution is digital-first through brand-owned websites and Indian e-commerce marketplaces (Amazon, Flipkart), serving 10 million customers across three countries (India primary, USA via Root Labs) and delivering 16 million orders annually.

The company generates revenue primarily through transactional D2C product sales. FY25 operating revenue reached ₹736.1 crore (approximately $87M USD), up 120% from ₹333 crore in FY24, with net loss reduced 70% to ₹11.8 crore. The company has been profitable for four consecutive quarters as of early 2026. Mosaic is backed by Elevation Capital, Peak XV Partners, Z47, Think Investments, and 360 ONE Asset (joined March 2026). A March 2026 primary round of ₹200 crore from 360 ONE Asset valued the company at approximately ₹1,000 crore (~$120M), a notable compression from the $400M valuation set in April 2025.

Name

Mosaic Wellness

Legal name

Mosaic Wellness Private Limited

Website

https://mosaicwellness.in

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

251–500 employees

Short description

Mosaic Wellness is a Mumbai-based multi-brand D2C health and wellness company operating four vertical-specific brands (Man Matters, Be Bodywise, Little Joys, Root Labs) serving men's, women's, children's, and Ayurvedic wellness consumers across India and the USA, with integrated telemedicine consultations and ₹736 Cr in FY25 revenue.

Ownership category

akta.pro rank

Product category

Consumer Health and Wellness Products

NAICS

Food (Health) Supplement Retailers (456191), Health and Personal Care Retailers (4561)

SIC

Food And Kindred Products (2000)

akta.pro primary industry

Health Food & Supplement Stores (CRAHAEAC)

akta.pro secondary industry

Chronic Condition Lifestyle Education (Diabetes, Heart Health, Pain Management) (EDAAAHAJ)

Keywords

• D2C wellness products
• Consumer health brands
• Men's wellness supplements
• Women's health solutions
• Ayurvedic wellness products

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Marketing or Sales, Supply Chain, Technology or R&D, Personnel, Operations

Revenue model

1. D2C Wellness Product Sales: Direct-to-consumer sales of science-backed health and wellness products across four brand verticals (Men's wellness, Women's wellness, Children's wellness, Ayurvedic wellness), generating the primary revenue stream. Revenue grew 120% to ₹736.1 Cr in FY25.
2. Telemedicine / Online Doctor Consultations: Online doctor consultations integrated with product offerings, providing personalized wellness solutions. Combined with product sales to create a holistic health platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Mosaic Wellness operates a multi-brand direct-to-consumer (D2C) health and wellness platform, selling science-backed wellness products and online doctor consultations under four demographic-focused brands: Man Matters (men's wellness), Be Bodywise (women's wellness), Little Joys (children's wellness), and Root Labs (Indian Ayurvedic wellness for global markets). The company delivers over 200 SKUs across nutrition and personal care categories, with digital-first distribution serving 10 million customers and 16 million orders annually across 3 countries.

Product overview

Mosaic Wellness is a multi-brand D2C (Direct-to-Consumer) health and wellness company operating four distinct brands: Man Matters (men's health, launched 2020), Be Bodywise (women's health, launched 2021), Little Joys (children's health, launched 2024), and Root Labs (Indian Ayurvedic wellness for global markets, launched 2025). With over 200 innovative SKUs across nutrition and wellness combined with online doctor consultations, the company provides science-backed wellness products through a digital-first approach, serving over 10 million customers across 3 countries.

Differentiator

Problem solved

Functional benefit

Brands

• Man Matters: India's first platform dedicated to men's health, offering science-backed products to help men live confidently
• Be Bodywise
• Little Joys
• Root Labs

Products and services

• Man Matters Men's wellness platform providing science-backed healthcare solutions for Indian men, including products for hair loss, sexual health, and general wellness, combined with online doctor consultations.
• Be Bodywise Women's wellness brand providing science-backed solutions for hair loss, body care, and health and nutrition, with online doctor consultations integrated with product offerings.
• Little Joys Children's wellness brand offering high-quality health products developed by experts and approved by moms, targeting Indian children's health and nutrition needs.
• Root Labs Unisex Ayurvedic wellness brand offering science-backed herbal supplements that bring Indian Ayurveda to global markets; currently distributed in the USA.
• Online Doctor Consultations Online doctor consultations bundled with wellness products across Man Matters, Be Bodywise, Little Joys, and Root Labs, enabling personalized health assessments and treatment recommendations for individual consumers.

Quantifiable outcome

• Revenue grew 120% to ₹736.1 Cr in FY25 from ₹333 Cr in FY24
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Spring Marketing CapitalcoreGTM or Marketing Partner · 3 December 2021Spring Marketing Capital entered a strategic marketing-led investment partnership with Mosaic Wellness, acting as both investor and marketing partner to the company's brands Man Matters and Bodywise. This was described as a strategic marketing-led investment partnership combining capital with marketing expertise.
• Revant BhatecoreOthersRevant Bhate is the Founder and CEO of Mosaic Wellness. Previously served as EIR at Rebel Foods, wearing multiple hats (CFO, CMO, Business Head), before founding Mosaic in 2020. The CEO hosts the Asymmetric Podcast and leads the company's strategy and growth.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• HealthKart: India's leading online retailer of health supplements and sports nutrition, also operating owned brands (MuscleBlaze, FitFood, HK Vitals). Closely comparable in product mix (supplements, nutrition) and D2C + marketplace distribution, though without Mosaic's persona-brand segmentation.
• WOW Skin Science: Indian D2C wellness and personal-care brand spanning skin, hair, and nutrition products sold via own website, marketplaces, and quick-commerce. Comparable multi-category D2C wellness positioning and reliance on digital channels in India.
• The Ayurveda Co. (TAC): India D2C Ayurvedic beauty and wellness brand expanding globally. Most direct comparable to Mosaic's Root Labs brand in the Ayurveda space, with similar science-back storytelling and cross-border ambitions.
• Honasa Consumer (Mamaearth, The Derma Co, BBlunt): India's largest listed D2C personal-care and wellness house, built around a multi-brand portfolio (Mamaearth, The Derma Co, Aqualogica, BBlunt). Most directly comparable to Mosaic's multi-brand D2C strategy, target demographic of Indian consumers, and reliance on digital-first distribution.
• Bold Care: India-focused D2C men's health and wellness brand covering hair, sexual wellness, and nutrition. The most direct head-to-head competitor to Man Matters with overlapping product categories and customer persona.
• Wellbeing Nutrition: India D2C nutrition brand offering effervescent vitamins, melts, and personalized supplements. Directly comparable to Mosaic's nutrition/wellness positioning and target health-conscious Indian consumer, with similar D2C + marketplace GTM.

Emerging players

• Plix: India D2C wellness and plant-based nutrition brand with a strong digital content and influencer GTM. Comparable in product category (functional nutrition, wellness) and D2C-first distribution, though smaller scale.
• Gynoveda: India D2C Ayurvedic women's wellness brand targeting hormonal and reproductive health. Comparable to Be Bodywise in women's health persona-based positioning and Ayurveda-adjacent product positioning.

Broad incumbents

• Hims & Hers Health: US-listed consumer health platform combining telehealth consultations with D2C prescription and wellness products across men's and women's health. Closely mirrors Mosaic's product-plus-consultation model at much larger scale; relevant international benchmark.
• Ro (Roman, Rory): US-based direct-to-patient healthcare platform combining telehealth, diagnostics, and pharmacy across men's, women's, and metabolic health. Analogous in combining clinical consultations with consumer wellness products and a multi-condition portfolio approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@theasymmetriccrew
• LinkedInlinkedin.com/company/mosaicwellness

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds8 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mosaic Wellness