BUSINESS

Mosaic Wellness Raises $24 Mn Led by Sequoia Capital

Health and wellness startup Mosaic Wellness, which runs digital health clinic platforms Manmatters and Bodywise, has raised $24 million in a Series A funding round led by Sequoia Capital India. Existing investors
Elevation Capital and Matrix Partners India also participated in the round.

Mosaic had raised a $10 million seed round in December 2019 led by Elevation Capital, Sequoia Capital India and Matrix Partners India alongside angels such as Jitendra Gupta, Kunal Shah and Jaydeep Barman.

Founded by Revant Bhate and Dhyanesh Shah in early 2020, Mosaic was set up to deliver consumer-centric. These vertically integrated and affordable digital healthcare platforms led to the launch of Man matters in May 2020 and Bodywise in May 2021. While Manmatters is focused on services and products for men’s health, Bodywise is aimed at women’s health.

Mosaic Wellness said the business now has annualized revenues of $14 million and serves more than 100,000 customers a month across its health and wellness offerings.

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