Mosaic Wellness Raises $22.8 Million in Fresh Funding
Mosaic Wellness, a company dedicated to simplifying health through digital-first consumer health brands, has successfully secured $22.8 million (₹200 crore) in its latest funding round. The funding, which took place on March 12, 2026, was led by 360One Asset, with participation from Elevation Capital, Peak XV Partners, Z47, and Think Investments.
Company Overview
Based in Thane, Maharashtra, Mosaic Wellness was founded in 2020 by Dhyanesh Shah and is currently helmed by CEO Revant Bhate. The company operates a range of health and wellness platforms, including Man Matters, Be Bodywise, Little Joys, and Root Labs. These brands provide telemedicine consultations, supplements, and wellness products tailored for men, women, and children. Root Labs, for example, offers nutrient gummies made from natural ingredients like ashwagandha and turmeric.
Strategic Investment
The latest funding round sees 360One Asset joining the company's cap table as the lead investor. Existing investors such as Elevation Capital, Peak XV Partners, Z47, and Think Investments also participated in this round.
Spring Marketing Capital, an early backer, made a partial exit through a secondary transaction but retains a stake in the company.
Planned Use of Funds
The capital injection will be used to further invest in emerging opportunities in the consumer health and wellness ecosystem. Mosaic Wellness aims to enhance its service offerings, which already include a network of over 150 doctors providing more than 100,000 consultations monthly.
Conclusion
Mosaic Wellness continues to expand its influence in the health sector, serving over six million consumers annually. With this new funding, the company is poised to strengthen its position and broaden its reach in the wellness market.
The latest financial boost underscores the growing interest in consumer health platforms and the potential for innovation in the space.