BENGALURU : Health and wellness startup Mosaic Wellness, that runs digital health clinic platforms Manmatters and Bodywise, has raised $24 million in a Series A funding round, led by Sequoia Capital India. Mosaic had raised a $10 million seed round in December 2019 led by Elevation Capital, Sequoia Capital India and Matrix Partners India alongside angels such as Jitendra Gupta, Kunal Shah and Jaydeep Barman. Mosaic Wellness said the business now has annualized revenues of $14 million and serves more than 100,000 customers a month across its health and wellness offerings. Sequoia Capital India is excited to deepen the partnership and for the journey ahead," said Abhishek Mohan, principal at Sequoia India. Bodywise has served more than 100,000 women across areas such as hair loss, PCOS, skin health, intimate health and nutrition.

Source: Mint November 10, 2021 03:39 UTC