Funding · Healthcare & Life Sciences

Mosaic Wellness raises Rs 200 crore from 360 ONE

By Startup Enthusiast · 13 March 2026

What they do

Mosaic Wellness runs digital-first consumer health brands like Man Matters and Be Bodywise

It raised Rs 200 crore ($21 million) primary capital from 360 ONE Asset, with a partial exit for Spring Marketing Capital

The company is profitable for over a year and will invest in its consumer health ecosystem

Mosaic Wellness raised Rs 200 crore ($21 million) in primary capital (new money for the company) from 360 ONE Asset.
Spring Marketing Capital made a partial exit by selling some shares in a secondary transaction (existing shareholders sell; no new money to the company).
The fresh funds will accelerate investments in the consumer health and wellness ecosystem.
360 ONE Asset entered the cap table (became a shareholder) with this round.
Existing investors include Elevation Capital, Peak XV Partners, Z47, and Think Investments.
Spring Marketing Capital retained a stake after the partial exit.

The company has been profitable for more than a year, which is rare for a consumer health startup.
FY25 operating revenue grew 2.2X to Rs 736 crore from Rs 333 crore in FY24.
FY25 net loss fell about 69% to roughly Rs 12 crore from Rs 38.8 crore in FY24.
This funding follows a $20 million Series C led by Think Investments.

Mosaic Wellness is a Thane-based startup founded in 2020.
Its brands include Man Matters, Be Bodywise, Little Joys, and Root Labs — all digital-first consumer health labels.
It provides telemedicine consultations (remote doctor visits), supplements, and wellness products for men, women, and children.
Root Labs makes nutrient gummies from natural ingredients such as ashwagandha, shilajit, turmeric, and sea moss.
The company reaches over 6 million consumers each year across hair health, body care, nutrition, fitness, and children's wellness.
It has a network of over 150 doctors and conducts over 100,000 consultations per month.

360 ONE Asset (lead) — Asset management firm that entered the cap table with this round.
Spring Marketing Capital (seller) — Existing investor that partially exited but retained a stake.
Elevation Capital (existing) — Existing investor.
Peak XV Partners (existing) — Existing investor.
Z47 (existing) — Existing investor.
Think Investments (existing) — Existing investor and led the previous Series C.

Product: and wellness startup
Customers: Consumers buying health, wellness, and care products and services
How it makes money: Direct-to-consumer sales of digital health services, supplements, and wellness products
What sets it apart: Operates multiple digital-first brands for men, women, and children