Mosaic Wellness, the parent company of popular digital health brands like Man Matters, Bodywise, and Little Joys, has reported a remarkable growth in revenue for the financial year 2025. The company’s operating revenue more than doubled, rising from ₹333 crore in FY24 to ₹736 crore in FY25. This sharp growth highlights the rising demand for digital health and wellness products in India and the company’s successful expansion across multiple categories.
Who is Mosaic Wellness?
Founded in 2020 by Revant Bhate and Dhyanesh Shah, Mosaic Wellness is a digital-first health and wellness company. It operates multiple brands catering to different segments of the market. Man Matters focuses on men’s wellness and haircare, Bodywise addresses women’s health and skincare needs, and Little Joys provides nutritional and wellness products for children. The company primarily sells products online, making it accessible to a wide audience across India. Over the years, Mosaic has positioned itself as a trusted platform for wellness solutions, blending technology with expert guidance.
Strong Revenue Growth and Shrinking Losses
The company’s revenue growth in FY25 was significant. Alongside the sharp jump in operating income, Mosaic Wellness also earned around ₹13 crore from interest on deposits and gains on investments, bringing its total income to ₹749 crore. While total expenses also increased to ₹758 crore due to expansion and marketing efforts, the company made impressive progress in reducing its net loss. Net losses fell by nearly 70%, from ₹38.8 crore in FY24 to just ₹11.8 crore in FY25. This reduction demonstrates the company’s improved operational efficiency and its movement toward a break-even position. By the end of FY25, Mosaic Wellness held ₹49 crore in cash and bank balances, providing a strong foundation for future growth.
Strategic Investments and Spending
A significant portion of Mosaic’s expenses is directed toward marketing and customer acquisition. Advertising costs rose to ₹267 crore, reflecting the company’s efforts to strengthen brand visibility and reach new customers. Material costs for product manufacturing stood at ₹193 crore, while employee salaries amounted to ₹63 crore. Despite the rising expenses, Mosaic’s strategic investments in marketing, technology, and product quality have contributed to strong revenue growth and improved market positioning. The company continues to invest in its digital infrastructure, aiming to enhance user experience and expand its customer base across India.
The Road Ahead for Mosaic Wellness
Mosaic Wellness’ performance indicates a positive trend in India’s digital health sector. The company’s multi-brand strategy allows it to address diverse wellness needs for men, women, and children, giving it a wide market presence. Earlier in 2025, Mosaic raised ₹175 crore in funding, providing additional resources for scaling operations and exploring new growth opportunities. With continued focus on efficiency, marketing, and product innovation, the company is well-positioned to achieve profitability in the near future. As more consumers turn to digital platforms for health and wellness solutions, Mosaic Wellness appears ready to consolidate its leadership in the sector.