Health and wellness startup Mosaic Wellness has reported a remarkable financial turnaround in the fiscal year 2024–25 (FY25), driven by soaring revenue and improved operational efficiency. The company’s consolidated net loss narrowed by 70% to INR 11.8 Cr, a significant improvement from the INR 38.8 Cr loss recorded in FY24. This positive shift highlights strong business fundamentals and growing consumer trust in the brand’s digital-first wellness offerings.
Revenue Soars 120% Amid Rising Demand
Mosaic Wellness saw its operating revenue more than double, reaching INR 736.1 Cr in FY25, up from INR 333.3 Cr in FY24. This exceptional 120% growth was driven by expanding product lines, deeper market penetration, and rising demand for digital healthcare services across India.
Including other income of INR 12.8 Cr, the company’s total income rose to INR 748.9 Cr, compared to INR 341.7 Cr in the previous fiscal year. The surge in revenue—combined with improved cost controls—played a crucial role in reducing losses and boosting overall financial health.
A Digital-First Approach to Holistic Wellness
Founded in 2020 by Revant Bhate and Dhyanesh Shah, Mosaic Wellness operates a portfolio of targeted digital health platforms designed to address wellness needs for men, women, and children. Its key brands include:
- Man Matters: Focused on men’s health, offering telehealth consultations, supplements, and wellness products.
- Be Bodywise: A women-centric platform delivering solutions for skin, hair, hormonal balance, and nutrition.
- Little Joys: A wellness brand dedicated to children’s nutrition and overall well-being.
These platforms integrate telemedicine, personalized treatment plans, and expert-led consultation services with high-quality supplements and wellness products, creating a seamless preventive healthcare ecosystem.
Growing Consumer Adoption Drives Margin Improvement
India’s shift toward digital healthcare and preventive wellness has fueled Mosaic Wellness’ growth. A rising number of consumers are turning to online platforms for personalized care, enabling the startup to scale efficiently. Improved margins in FY25 reflect the company’s strategic cost optimization, enhanced supply chain management, and increasing repeat customer base.
By offering technology-enabled consultations and clinically backed wellness products, Mosaic Wellness has tapped into multiple high-growth categories, including dermatology, haircare, nutrition, hormonal health, and child wellness. This diversified approach has strengthened revenue streams while building long-term customer loyalty.
Strengthening Position in India’s Booming Health-Tech Market
With health-conscious consumers seeking accessible and trustworthy solutions, Mosaic Wellness is well-positioned to benefit from India’s rapidly expanding health-tech and wellness ecosystem. The company’s financial performance in FY25 underscores its ability to scale sustainably while improving profitability.
As Mosaic Wellness continues to innovate across digital care, personalized wellness, and telemedicine, it is poised to grow even further in the coming years. The dramatic reduction in net loss, paired with exceptional revenue growth, highlights a promising trajectory for one of India’s most dynamic wellness startups.
In a market increasingly driven by preventive care and digital health solutions, Mosaic Wellness stands out as a leading player shaping the future of holistic well-being in the country.
Leave a comment