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Mosaic Wellness Lands $24 Million In Funding Led By Sequoia Capital India

Mosaic Wellness Lands $24 Million In Funding Led By Sequoia Capital India

11/10/21, 1:30 AM
Money raised
$24 million
Mosaic Wellness, a health and wellness startup running digital health clinic platforms Manmatters and Bodywise, has raised $24 million (Rs 178 crore) in a Series A funding round led by Sequoia Capital India with participation from existing investors Elevation Capital and Matrix Partners India.

Company Info

Company
Mosaic Wellness
Additional Info
The company will use the capital for acquisitions, as well as to ramp up technological capabilities and increase headcount, cofounder Revant Bhate told ET.The The platform does more than 30,000 telehealth consultations a month around various therapeutic areas and serves more than 100,000 users a month with its products and services, Bhate said. INThe company is growing 20% month-on-month and is betting on the content-to-commerce model to help scale its brands faster. “Over the last 18 months, the company has executed brilliantly, growing almost 10x in terms of users and revenue. It's a testament to the clear white space for digital-first health clinics in India and the strong value proposition the company has built for both men and women across multiple treatment areas. This health and wellness platform includes a community, tele-health consultation, and diverse portfolio of products for skincare, hair care, weight management, nutrition, PCOS and intimate health. Founded in 2020 by Bhate and Dhyanesh Shah, Mosaic Wellness is a platform of consumer-first digitally native full-stack digital-health clinics.