Results · Commerce & Consumer Brands
Oziva posts strong revenue growth and reduces losses
By Startup Enthusiast ·
- Date
- Company
- OZiva
- What it does
- Plant-based nutrition and wellness brand
- Kind
- Results
- Based in
- Mumbai
What they do
Oziva sells plant-based nutrition, protein, and vitamin products targeting the Indian wellness market
What happened
The brand recorded a 2.5 times increase in operating revenue to Rs 258 crore in fiscal year 2025
Why it matters
The company narrowed its annual losses by 90 percent to Rs 4.5 crore while total expenses rose
The details
- OZiva recorded a 2.5 times increase in operating revenue reaching Rs 258 crore in fiscal year 2025.
- Operating revenue grew significantly from Rs 104 crore in the previous fiscal year according to financial statements.
- The company slashed its annual losses by 90 percent down to Rs 4.5 crore compared to Rs 43.5 crore previously.
- Total expenses increased by 75 percent to Rs 267 crore driven by heavier advertising and material costs.
- Advertising spending grew by 94 percent to Rs 120 crore serving as the largest cost element for the business.
The bigger picture
- Hindustan Unilever acquired a controlling 51 percent stake in the brand in December 2022 with plans to buy the remaining shares later.
About the business
- The brand offers plant-based supplements, protein powders, and vitamin products for everyday wellness and beauty needs.
- Sales operations focus exclusively on the Indian domestic market through digital platforms and partner channels.
The deal
- Type
- acquisition
Investors
- Hindustan Unilever (buyer) — Consumer goods giant that acquired a 51 percent majority stake in the company.
Founders
- Aarti Gill, Co-founder
- Mihir Gadani, Co-founder
More on OZiva
- Oziva reports Rs 463 crore revenue with wider losses in FY2625 September 2026 · Results · ₹463.4 Cr
- OZiva appoints Abhishek Agrawal as chief growth officer28 August 2026 · People
- OZiva launches plant-based acne spot corrector17 July 2026 · Launch
- HUL appoints Koteshwar L.N. as Oziva CEO after full acquisition30 June 2026 · People
- OZiva raises $5M in Series A led by Matrix Partners India3 April 2026 · Funding · $5M
- Hindustan Unilever acquires remaining stake in OZiva for ₹824 crore12 February 2026 · Acquisition · ₹824 crore