Mosaic Wellness Funding: $10m
Mosaic Wellness Raised 10 Million Dollars
Consumer product brand Mosaic Wellness has raised $10 million as the first round of funding led by SAIF Partners, Sequoia Capital, as well as Matrix Partners India. As consumer wellness products and services continue to evolve in India, growing income levels and increasing awareness have triggered a change in aspirations and behavior.
The investment round also witnessed the participation from marquee angels including Jitendra Gupta, Kunal Shah, Jaydeep Barman, Sahil Barua, Amit Lakhotia, and others.
The fresh infusion of capital would be utilized by the firm to hire the team and bolster its research and development
Mosaic Wellness is a digital-first, multi-brand consumer goods company owned and operated under one house, with each of its brands working together toward one mission: To help Indians lead a more fulfilling life surrounded by wellness and grace.
The business is creating a family of purposeful brands with products that solve a particular problem for a niche segment of people. Each brand provides the essentials to enable an individual segment of people to lead a graceful life full of purpose and well being.
Each brand offers high quality, responsibly-made products that are inviting and easy to use, paired with access to ongoing guidance and support.
Shishir Gupta, the Founder of StartupLanes says:
Certainly Mosaic Wellness will bring a great innovation in the wellness industry. There is a huge market and I expect a great business model in place at Mosaic Wellness. This funding is on the basis of a highly experienced and efficient team along with the innovation that it has brought in the market. That’s why it has received a good amount of funding before the launch. My best wishes to Revant Bhate and Dhyanesh Shah.
Mosaic Wellness had 7 employees listed at LinkedIn at the time of posting this article. It is based in Mumbai, Maharashtra in India.
Rohit Ganapathi is the head of staff at Mosaic Wellness. It’s LinkedIn page displays: A multi-brand consumer goods firm working toward one mission: help Indians live a healthy, graceful and fulfilling life.