档案库 · 医疗与健康 · 战略决策 · 2020–2026
Mosaic Wellness的内容转补剂打法:25财年营收7.361亿卢比,获2亿卢比融资
Man Matters的母公司把免费专家内容和远程问诊变成D2C健康产品的销售引擎——营收增长120%至7.361亿卢比,随后又拿到2亿卢比融资。
Mosaic Wellness
做的是什么生意
Mosaic Wellness (Mumbai) runs digital-first consumer health brands — Man Matters for men's hair and wellness, Be Bodywise for women, Little Joys for children and Root Labs — selling supplements and treatments backed by teleconsultations with a network of 150+ doctors, serving more than six million consumers a year.
启动资金:Total funding reached US$84 million after the March 2026 round, with Peak XV, Elevation Capital, Z47 and Think Investments as prior investors; Inc42 noted over $55M raised by November 2025, including more than $20M from Think Investments earlier that year.
起因
Mosaic Wellness was founded in 2020 in Mumbai by Revant Bhate and Dhyanesh Shah to build 'digital health clinics' as consumer brands. Man Matters, its first platform, targeted young men with content and doctor consultations on problems like hair loss that they were unlikely to discuss in person; the business model made the content and the consultation free or cheap and sold the brand's own supplements and treatments instead. Early operations claimed more than 50 million organic content views a month and 100,000-plus telehealth consultations, per a 2022 company profile.
经过
The portfolio expanded from Man Matters to Be Bodywise (women), Little Joys (children) and Root Labs, all sharing the same content-plus-telehealth-plus-products engine. Revenue grew 2.2x to ₹736.1 Cr in FY25 from ₹333.3 Cr in FY24, with almost all of it — ₹734.7 Cr — from product sales, while the net loss narrowed 70% to ₹11.8 Cr as expenses grew more slowly than sales. The company said it had been profitable for over a year, even as statutory FY25 accounts still showed a small loss. Scale claims by November 2025: 2.5M+ men and 4M+ women helped a year, total funding above $55M.
结果
Still scaling privately: in March 2026, 360 ONE Asset invested ₹200 Cr (~US$21M) of primary capital and early investor Spring Marketing Capital took a partial exit, taking total funding to US$84M. The capital was earmarked for the wider consumer health and wellness ecosystem, with the company claiming profitability for over a year and revenue having roughly doubled year on year.
背景
Mosaic Wellness押注印度的消费健康品牌可以像媒体公司一样打造:从关于人们羞于启齿的问题——脱发、头皮屑、性健康——的免费、可信内容和医生咨询开始,然后自己销售治疗方案。该公司于2020年在孟买由Revant Bhate和Dhyanesh Shah创立,其第一个品牌Man Matters面向年轻男性,公司声称早期每月有超过5000万次自然内容浏览量和超过10万次远程医疗咨询。
这个引擎在多个品牌间扩展:Man Matters面向男性,Be Bodywise面向女性,Little Joys面向儿童,以及Root Labs,每个品牌都将远程问诊与自有品牌补充剂配对。营收从24财年的3.333亿卢比增长至25财年的7.361亿卢比——增长120%——其中7.347亿卢比来自产品销售额,净亏损收窄70%至1180万卢比。公司表示已盈利一年多,尽管法定25财年账目仍显示小额亏损;广告和促销支出增长93%至2.675亿卢比,表明该引擎在多大程度上依赖付费获客。
投资者继续为这个模式提供资金:截至2025年11月,Mosaic已从Peak XV、Elevation Capital、Z47和Think Investments筹集超过5500万美元,声称每年通过150多名医生和每月10万次咨询帮助250万多名男性和400万多名女性。2026年3月,360 ONE Asset投入2亿卢比(约2100万美元)的Primary资本,早期支持者Spring Marketing Capital部分退出,总资金升至8400万美元。
这个案例回答了一个大多数健康初创公司回避的问题:你能否拥有健康领域的消费者关系,而不仅仅是租用药房渠道?Mosaic的内容优先诊所表明,受众侧是可以建立的——公开的问题,从FY25年2.675亿卢比的广告账单和微小的法定亏损可以看出,有多少收入是持久的品牌需求,又有多少是购买来的注意力。
这件事要成立,得有什么
- Mosaic测试了内容和远程医疗能否成为自有品牌补充剂的入口——颠覆了通常先建立诊所网络再变现的流程。
- 楔子是行为层面的:男性避开医生看脱发,所以免费专家主导的内容抓住了现有企业从未触及的受众——品牌本身成为分销渠道。
- 营收翻倍至7.36亿卢比,同时亏损收窄70%,显示飞轮经济:更多咨询带来更多产品销售额,进而资助更多内容和医生。
- 2026年3月360 ONE Asset的2亿卢比融资轮,加上早期投资者的部分退出,表明该模式从风投叙事跨越到机构质量的消费健康规模。
可借鉴之处
在健康领域,免费提供专业知识可以成为最便宜的获客方式:就人们不好意思问的问题提供免费内容和咨询,能建立信任,从而销售自有品牌疗法。
后续进展
截至2026年9月4日,Mosaic Wellness仍为私有并处于扩张中。最新披露状态:FY25运营营收7.361亿卢比(+120%),净亏损收窄70%至1180万卢比,产品销售额7.347亿卢比;在360 ONE Asset于2026年3月进行2亿卢比Primary轮后,总资金达8400万美元。公司声称已盈利一年多,并通过Man Matters、Be Bodywise、Little Joys和Root Labs每年服务超过600万消费者,每月超过10万次远程问诊。FY25广告支出2.675亿卢比仍是最大的成本项目,使该需求的持久性成为主要未解问题。
资料来源
- Mosaic Wellness Narrows FY25 Loss By 70% To INR 12 Cr
- 360 ONE Asset Invests INR 200 Cr in Mosaic Wellness; Spring Marketing Capital Partially Exits
- Enables Indians to lead more fulfilling lives through wellness — Mosaic Wellness
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