Marico has announced the acquisition of a 60 percent stake in Cosmix, a digital-first wellness and plant-based nutrition brand founded in 2019. Valued at Rs 375 crore, the deal enhances Marico’s presence in the fast-growing functional wellness segment, while Cosmix continues to be led by its founders Vibha Harish and Soorya Jagadish.
Marico, one of India’s leading FMCG companies, has taken a decisive step into the wellness and nutrition space by acquiring a majority stake in Cosmix. The Bengaluru-based startup, founded in 2019, has built a strong reputation in plant-based supplements and functional nutrition, offering products that focus on immunity, gut health, skin, and overall wellness.
Marico has acquired a 60 percent stake in plant-based nutrition startup Cosmix, valuing the company at around Rs 375 crore. The deal marks a significant expansion of Marico’s digital-first wellness portfolio, positioning the FMCG giant to tap into India’s growing demand for functional nutrition and holistic health solutions.
The acquisition aligns with Marico’s strategy of strengthening its digital-first portfolio and diversifying beyond traditional categories like hair care and edible oils. With consumer preferences shifting toward holistic health and preventive wellness, the move positions Marico to capture a larger share of India’s evolving nutrition market.
Key Highlights
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Marico has acquired a 60 percent stake in Cosmix, valuing the company at Rs 375 crore
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Cosmix, founded by Vibha Harish and Soorya Jagadish in 2019, specializes in plant-based functional nutrition products
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The brand has reported profitability since inception and scaled to an annual recurring revenue of Rs 100 crore
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Marico aims to expand its digital-first wellness portfolio and strengthen its presence in the nutrition and health segment
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Cosmix will continue to be led by its founders, ensuring continuity in brand vision and product innovation
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The acquisition reflects rising consumer demand for preventive health, immunity boosters, and holistic wellness solutions in India
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This strategic investment highlights Marico’s commitment to tapping into new-age consumer trends and diversifying its business beyond core FMCG categories
Sources: The Economic Times, CNBC TV18, Inc42