We’re proud to announce that we part-exited Mosaic Wellness, one of our first few investments from the Spring Fund. This exit has helped us return ~35% of our capital from Spring Fund 1 in ~ 5.5 years, even before drawing down the entire committed capital.

Over the years, we’ve learnt so much from the team, co-created some exceptional work and are grateful for every opportunity we got to shape the stories of the brands under their umbrella.

It has been a privilege to partner with Revant Bhate, Dhyanesh Shah & team and play a role in supporting their goal to build the most trusted, digital-first consumer health brand. The Mosaic team has operated with exceptional clarity and razor sharp execution to build a platform that resonates with consumers globally. As we part-exit our stake, we do so with a deep sense of gratitude for being part of this fantastic journey and look forward to continuing the ride alongside Matrix, Peak XV, Elevation, Think Investments and our new partners, 360 One Alternates.