Mosaic Wellness, A Digital Health Startup Raises $24M Funding
Health and Wellness startup, Mosaic Wellness has bagged $24M in series A funding
An Indian-based digital health startup Mosaic Wellness in the latest round of funding has attracted a bunch of investors. The startup has raised a hefty amount of funding that is $24M. The funding was led by Sequoia Capital India. The others participating were Elevation Capital and Matrix Partners India.
Mosaic Wellness has a digital health clinic platform Manmatters and Bodywise. Co-founder and CEO, Revant Bhate, on this occasion said:
“We started with a vision to make wellness accessible and affordable for Indians and have been able to build a very purpose-driven team, keen to solve for this. As we have validated our initial thesis, we are thankful to all the stakeholders who have helped us get to this stage and continue to aspire to help more of us lead a healthier lifestyle in the coming decade”.
The purpose of the startup is to create purposeful health platforms with more efficient personalized solutions for a particular problem in a niche segment. Each platform gives the necessary services to allow the individual segment to lead a graceful life full of well-being.
In 2019, the startup had raised $10 million in seed funding. The startup was founded by Revant and Dhyanesh Shah, and launched its platforms Manmatters in May 2020 and Bodywise in May 2021, respectively. Since the pandemic, digital health services such as healthcare software and apps have become quite common.
Manmatters, also claims that it has served more than 300,000 men across key areas like sexual health, nutrition, and dermatology, etc. The digital clinic for men gives primary health care services and products that aid men with hair loss, gut health, nutritional deficiencies erectile dysfunction, and premature ejaculation. The platform has also recently expanded into providing diagnostic services for general health needs.