India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,750 Revant Bhate ₹1,000 Cr
Revenue · FY 2025
₹748.89 Cr
▲ 119% YoY
Net loss · FY 2025
₹11.82 Cr
Net margin -1.6%
EBITDA · FY 2025
-₹7.49 Cr
EBITDA margin -1%
Authorised capital
₹5.5 Lakh
Registered with MCA
Paid-up capital
₹4.28 Lakh
Issued & subscribed
Open charges
₹14 Cr
Satisfied ₹14 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
302
Provident fund records
About Mosaic Wellness Private Limited
Data last updated:
Mosaic Wellness Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 01 August 2019 and has been in existence for over 7 years.
Its director Revant Bhate is #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52609MH2019PTC328779. Its GSTIN is 27AASCA5755D1ZE (Maharashtra). The company holds 14 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Lakh and a paid-up capital of ₹4.28 Lakh. It was formerly known as Astrea Body Sciences Private Limited. It is led by directors including Revant Shirish Bhate and Dhyanesh Bharat Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6th Floor Thane One Dil Complex G.B. Road, Kapurbawdi Village – Majiwade Thane (West), Maharashtra, India – 400610.
As per the financials filed for FY 2025, the company reported a revenue of ₹748.89 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net loss of ₹11.82 Cr (net margin -1.6%) and EBITDA of -₹7.49 Cr (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years and 342% over five years.
The company has about 302 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Man Matters, Mosaic Wellness and Be Bodywise. As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹14 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 4 cases are pending. The company has 15 deals on record (10 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹718.55 Cr; the latest was in March 2026. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 177 overdue payments to 27 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mosaicwellness.in.
Company details
CIN U52609MH2019PTC328779
Registration Number 328779
Incorporation Date 01 August 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Mosaic Wellness
Contact details
Mosaic Wellness Private Limited's registered office is in Thane, Maharashtra. Its website is mosaicwellness.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6th Floor Thane One Dil Complex G.B. Road, Kapurbawdi Village – Majiwade Thane (West), Maharashtra, India – 400610
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Mosaic Wellness Private Limited, buy the company report.
Comprehensive company report
Mosaic Wellness Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mosaic Wellness operates multiple associated brands including Man Matters, Mosaic Wellness, and Be Bodywise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet first brand offering beauty and wellness products for men | manmatters.com | |
| Provider of digital health coaching platforms for men, women, and parents | mosaicwellness.in | |
| Holistic wellness products for women's health are provided. | bebodywise.com |
Business activity
The main business activity of Mosaic Wellness is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Mosaic Wellness Private Limited, buy the company report.
Financials of Mosaic Wellness Private Limited
FY 2025 filings availableMosaic Wellness Private Limited reported revenue of ₹748.89 Cr (up 119% YoY) for FY 2025.
Revenue · FY 2025
₹748.89 Cr ▲ 119%
Net loss · FY 2025
₹11.82 Cr margin -1.6%
EBITDA · FY 2025
-₹7.49 Cr margin -1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 119%
3 years · compounded
▲ 107%
5 years · compounded
▲ 342%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 43%
5 years · compounded
▼ 28%
Revenue has grown at a compounded annual rate (CAGR) of 342% over five years, including 119% growth in the latest year. EBITDA rose 79% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mosaic Wellness Private Limited, buy the company report.
Board of directors of Mosaic Wellness Private Limited
Mosaic Wellness has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Arora | Nominee Director | 07 Nov 2019 | 6 Years 11 Months | Current |
| Revant Shirish Bhate Also directs: Homebody Private Limited | Director | 01 Aug 2019 | 7 Years 2 Months | Current |
| Dhyanesh Bharat Shah Also directs: NXG Innovation Labs LLP | Director | 07 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Mosaic Wellness Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Mosaic Wellness Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mosaic Wellness Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Cr
Satisfied charges
₹14 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2022 | 100728864 | Others | ₹7 Cr | Satisfied | |
| 26 Aug 2022 | 100676406 | Others | ₹7 Cr | Satisfied |
To see the full charge records of Mosaic Wellness Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Mosaic Wellness Private Limited has 15 deals on record (10 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹718.55 Cr; the latest was in March 2026.
Total deals
15
Funding rounds
10
Secondary share transfers
4
Convertible or debt financing
1
Disclosed funding
₹718.55 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Funding round · Series C | ₹175 Cr | Investors: Think Investments |
| Mar 2024 | Funding round · Series B | ₹55 Cr | Investors: Elevation Capital (SAIF Partners), Z47 (Matrix Partners India), Alteria Capital |
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: Peak XV Partners (Sequoia India and SEA), Z47 (Matrix Partners India), Elevation Capital (SAIF Partners) Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Peak XV Partners (Sequoia India and SEA), Z47 (Matrix Partners India), Elevation Capital (SAIF Partners) Seller: Famy Steri Private Limited , 3 individuals |
| Sep 2019 | Funding round · Series A | ₹31.11 Cr | Investors: Elevation Capital (SAIF Partners), Peak XV Partners (Sequoia India and SEA), 2 individuals |
To see the full deal history of Mosaic Wellness Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mosaic Wellness Private Limited has 4 court cases on record: 3 filed by Mosaic Wellness, 1 filed against it. All cases are pending.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 3 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Shemaroo Entertainment Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Aasif Enterprises | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed by the company against Aasif Enterprises | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed by the company against Aasif Enterprises | Pending |
To see the full case history of Mosaic Wellness Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Mosaic Wellness Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 177 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Krriyan Kontainers Private Limited | |||
| Bili Life Science LLP | |||
| Spectrum Life Sciences Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mosaic Wellness Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mosaic Wellness Private Limited has a workforce of 302 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
302
Active EPFO establishments
1
Employee growth
13.96%
GST
Mosaic Wellness has 14 GST registrations: 14 active. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
14
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA5755D1ZE | Maharashtra | Active | 24 Sep 2019 |
| 27AASCA5755D2ZD | Maharashtra | Active | 09 Sep 2021 |
| 29AASCA5755D1ZA | Karnataka | Active | 13 Aug 2020 |
| 06AASCA5755D1ZI | Haryana | Active | 19 Jul 2021 |
To see the full GST registrations and return filing status of Mosaic Wellness Private Limited, buy the company report.
Recent activity
Mosaic Wellness Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Mukul Arora was appointed as Nominee Director on 07 Nov 2019.
Charges
A charge registered on 30 Dec 2022 via Charge ID 100728864 with Others was fully satisfied on 24 Dec 2025.
Charges
A charge registered on 26 Aug 2022 via Charge ID 100676406 with Others was fully satisfied on 24 Dec 2025.
AGM
Mosaic Wellness Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mosaic Wellness Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100728864 was registered on 30 Dec 2022.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100676406 was registered on 26 Aug 2022.
Appointed
Mukul Arora was appointed as Nominee Director.
Ceased
Dhyanesh Bharat Shah ceased to be Additional Director.
Ceased
Dharmanshu Bharat Shah ceased to be Director.
Appointed
Dhyanesh Bharat Shah was appointed as Director.
Appointed
Revant Shirish Bhate was appointed as Director.
Incorporation
01 Aug 2019
Mosaic Wellness Private Limited was registered on 01 Aug 2019 with Roc Mumbai & aged 7 years 2 months as per MCA records.
News
Frequently asked questions
Mosaic Wellness is an active private limited company based in Thane, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 01 August 2019 (7+ years old) and is registered under CIN U52609MH2019PTC328779.
Mosaic Wellness has 3 current directors:
- Mukul Arora - Nominee Director
- Revant Shirish Bhate - Director
- Dhyanesh Bharat Shah - Director
The latest financial statements of Mosaic Wellness on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Mosaic Wellness is 27AASCA5755D1ZE, registered in Maharashtra. The company has 14 GST registrations in all, of which 14 are active. Other active GSTINs include 27AASCA5755D2ZD (Maharashtra), 29AASCA5755D1ZA (Karnataka), 06AASCA5755D1ZI (Haryana).
The CIN (Corporate Identification Number) of Mosaic Wellness is U52609MH2019PTC328779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mosaic Wellness has 4 court cases on record: 3 filed by the company and 1 filed against it. 4 are pending. Most are in the high courts.
Mosaic Wellness was incorporated on 01 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Mosaic Wellness has 15 deals on record (10 funding rounds, 4 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹718.55 Cr; the latest was in March 2026.
Mukul Arora was appointed as Nominee Director on 07 Nov 2019. Dhyanesh Bharat Shah ceased to be Additional Director on 10 Sep 2019. Dharmanshu Bharat Shah ceased to be Director on 07 Sep 2019. Mosaic Wellness has 5 board changes on record in total.
Mosaic Wellness has 4 MSME Form 1 returns on record between 2022 and 2024, listing 177 overdue payments to 27 micro and small suppliers. The latest return was filed on 02 May 2024.
Mosaic Wellness can be reached through the website mosaicwellness.in. Its registered office is in Thane, Maharashtra, India.