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Health and wellness startup Mosaic Wellness raises Rs 175 crore from Think Investment

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Mosaic Wellness, a health and wellness startup which runs brands like Manmatters and Be Bodywise, has raised around $20 million (Rs 175 crore) from early stage investor Think Investment.

The company board has passed a resolution to issue 16,279 compulsory convertible preference shares at Rs 1,07,498 each to raise Rs 175 crore, as per filings sourced from the business intelligence platform Tofler.

Founded in 2020 by Revant Bhate and Dhyanesh Shah, Elevation Capital-backed firm is a platform of consumer-first full-stack digital-health clinics. It…



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Health and wellness startup Mosaic Wellness raises Rs 175 crore from Think Investment


Mosaic Wellness, a health and wellness startup which runs brands like Manmatters and Be Bodywise, has raised around $20 million (Rs 175 crore) from early stage investor Think Investment.

The company board has passed a resolution to issue 16,279 compulsory convertible preference shares at Rs 1,07,498 each to raise Rs 175 crore, as per filings sourced from the business intelligence platform Tofler.

Founded in 2020 by Revant Bhate and Dhyanesh Shah, Elevation Capital-backed firm is a platform of consumer-first full-stack digital-health clinics. It…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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