Company Intelligence Profile
Mosaic Wellness Private Limited
Mosaic Wellness Pvt Ltd is the parent company behind a portfolio of India-focused D2C wellness brands: Man Matters (men's health/hair/skin, launched 2020), Be Bodywise (women's health, launched 2021), Little Joys (children's wellness, launched 2024), and Root Labs (Ayurveda-based wellness for international/US markets).
Last updated 6 September 2026
Mosaic Wellness Private Limited is the parent company behind several India-focused D2C wellness brands, including Man Matters, Be Bodywise, Little Joys, and Root Labs. The company reported a revenue of ₹748.89 Cr in FY2025, reflecting a growth of approximately 119% year-over-year. It serves around 10 million customers and processes approximately 16 million annual orders across three countries.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Mosaic Wellness Private Limited |
|---|---|
| CIN | U52609MH2019PTC328779 |
| PAN | AASCA5755D |
| Status | Active |
| Listing | Unlisted / Private |
| Incorporated | 01 August 2019 |
| ROC | RoC Mumbai / Maharashtra |
| Sector (NIC) |
|
| Registered address | 6th Floor, Thane One, DIL Complex, G.B. Road, Kapurbawdi, Village-Majiwade, Thane (West), Thane, Maharashtra – 400610 |
| Authorized capital | INR 5.5 Lakh |
| Paid-up capital | INR 4.28 Lakh |
Business Overview
- Mosaic Wellness Pvt Ltd is the parent company behind a portfolio of India-focused D2C wellness brands: Man Matters (men's health/hair/skin, launched 2020), Be Bodywise (women's health, launched 2021), Little Joys (children's wellness, launched 2024), and Root Labs (Ayurveda-based wellness for international/US markets)
- Per the company's own site, it serves roughly 10 million customers with ~16 million annual orders across 3 countries
- It holds DPIIT-recognised startup status and has two overseas subsidiaries: MWL General Trading L.L.C. (UAE) and Mosaic Wellness INC. (USA)
- Source: mosaicwellness.in, Tofler, Falconebiz
Directors
Board (Tofler, Falconebiz — names/roles/appointment dates agree across both):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Dhyanesh Bharat Shah | 03056684 | Director & Shareholder | 07 Sep 2019 |
| Revant Shirish Bhate | 07887796 | Director & Shareholder | 01 Aug 2019 |
| Mukul Arora | 01099294 | Nominee Director | 07 Nov 2019 |
Financials
FY2025 (year ended 31 Mar 2025), standalone — figures partially locked behind premium tiers:
| Revenue | ₹748.89 Cr per Falconebiz — the two sources broadly agree on strong growth and rough scale but give different exact revenue and growth-rate figures, so treat the precise number as partial/unconfirmed |
|---|---|
| EBITDA, PAT (absolute) | locked/not obtained on both Tofler and Falconebiz free tiers |
| Net worth | increased ~112.29% YoY — absolute value not obtained |
| Borrowings | decreased ~72.65% YoY — absolute value not obtained |
| Profitability ratios | Operating margin 9.89%, Net profit margin 9.43%, ROE 21.51%, ROCE 23.86%, Debt-to-equity −0.04 |
| Employees (EPFO count) | 302 as of 27 Mar 2024, +13.96% YoY |
No consolidated-group financials were located.
In the News
Mosaic Wellness Revenue 2025: $166M ARR
GetLatka · 2 months ago
Mosaic Wellness - 2026 Latest Shareholding & Valuation
Tracxn · 2 months ago
Mosaic Wellness Number of Employees 2026 | Employee Count & Headcount Data
Revelio Labs · 2 months ago
Headlines about Mosaic Wellness Private Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges & Loans
- two charges registered in favour of Orbis Trusteeship Services Private Limited, ₹7.0 Cr each (dated 26 Aug 2022 and 30 Dec 2022), both listed as "Open" — aggregate ₹14 Cr open charge
- Falconebiz separately reports "Open charges: ₹14 Cr" and, confusingly, also "Satisfied charges: ₹14 Cr" on the same summary tile — this looks like a display/aggregation quirk on Falconebiz rather than a genuine second ₹14 Cr satisfied charge, since Tofler's itemised list shows only the two ₹7 Cr Orbis charges, both open
- Flagging this as a source conflict rather than resolving it definitively
Legal
- Indian Kanoon: Mosaic Wellness Private Limited vs Aasif Enterprises — Commercial IPR Suit No. 581 of 2022, Bombay High Court, before Judge R.I. Chagla; hearing/order dates recorded on 30 Jun 2023, 4 Aug 2023, 5 Oct 2023, 18 Oct 2023, and 5 Dec 2023, including a Court Receiver Report
- Indian Kanoon's search index shows 435 total hits for the company name, but only this Aasif Enterprises IPR dispute could be confirmed as substantively about this entity from the accessible content; other hits were not individually verified
Competitors
Named Indian D2C wellness/personal-care peers competing with Mosaic Wellness's brand portfolio (general market knowledge, not independently source-verified this session — flag for confirmation before publishing):
- The Man Company — men's grooming, similar scale, competes directly with Man Matters
- Bombay Shaving Company — men's grooming/personal care, similar-to-larger scale
- mCaffeine — D2C personal care, similar scale
- WOW Skin Science — skincare/haircare D2C, larger scale, competes with Bare Anatomy/Be Bodywise category
- Honasa Consumer (Mamaearth) — listed, much larger scale, broad personal-care D2C portfolio
- Plum Goodness — skincare D2C, similar scale
Frequently Asked Questions
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