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Results · Commerce & Consumer Brands

Oziva posts strong revenue growth and reduces losses

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Date
Company
OZiva
What it does
Plant-based nutrition and wellness brand
Kind
Results
Based in
Mumbai
Sector
Commerce & Consumer Brands

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

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