India’s startup ecosystem saw notable activity across digital health and D2C food brands on 12 March 2026. Consumer health platform Mosaic Wellness raised ₹200 crore from 360 ONE, while boAt co-founder Aman Gupta invested in premium confectionery startup Fulva to support its expansion. Meanwhile, key business developments included Emversity’s ₹65 crore ESOP buyback, Dream Sports witnessing employee departures after the RMG ban, and Blinkit receiving a ₹450 crore capital infusion from Eternal.
Daily Indian Startup Funding Digest – 12 March 2026
| Startup | Sector | Funding | Round | Lead Investors |
|---|---|---|---|---|
| Mosaic Wellness | Consumer Health / Digital Health | ₹200 Crore (~$24M) | Growth Round | 360 ONE |
| Fulva | D2C Food / Confectionery | Undisclosed | Angel / Strategic Investment | Aman Gupta (SailThru Ventures) |
Mosaic Wellness Raises ₹200 Crore from 360 ONE; Spring Marketing Capital Partially Exits
Consumer health startup Mosaic Wellness raised ₹200 crore in fresh funding from asset management firm 360 ONE. The round also included a partial exit by Spring Marketing Capital, one of the early investors in the company.
Founded by Revant Bhate and Dhyanesh Shah, Mosaic Wellness operates digital-first health and wellness brands including Man Matters, Bodywise, and Little Joys. The company offers online consultations, wellness products, and personalised treatment solutions across multiple therapeutic categories.
The fresh capital will support business expansion and growth initiatives as the company continues to scale its digital health ecosystem.
Aman Gupta Invests in Premium Confectionery Brand Fulva
Premium D2C confectionery startup Fulva raised an undisclosed investment from Aman Gupta, co-founder of boAt, through SailThru Ventures.
The round also saw participation from investors including Prejith Narayan, Salpido Brothers, Ajith Nair, and Rahul Mamman.
Founded in Calicut, Fulva is focused on modernising traditional Indian halwa by introducing premium packaging and contemporary flavours such as mango, tender coconut, and green chilli. The brand has already served over 50,000 customers across 15+ countries.
The funding will be used to expand production capacity, strengthen marketing, and grow distribution across quick commerce platforms, online marketplaces, and retail stores.
Key Business News for 12 March 2026
Emversity Buys Back ₹65 Crore ESOPs from Employees
Edtech startup Emversity has announced an ESOP buyback worth ₹65 crore. Around 20 employees will benefit from the liquidity programme. The buyback allows early team members to monetise part of their stock options. It also reflects the company’s effort to reward employees and strengthen retention.
Dream Sports Sees 100+ Employee Departures After RMG Ban
Sports tech company Dream Sports has reportedly seen the departure of more than 100 employees. The move comes after restructuring following regulatory changes impacting the real-money gaming (RMG) sector. The company has been adjusting its business strategy after the ban on certain RMG formats. The restructuring reflects broader challenges faced by companies in the gaming ecosystem.
Eternal Injects ₹450 Crore into Blinkit
Eternal, the parent entity of quick-commerce platform Blinkit, has infused ₹450 crore through a rights issue. The capital will help Blinkit strengthen its operations and expand its quick-commerce network. The investment comes as competition intensifies in the sector with players expanding dark store networks. Quick-commerce firms continue to invest heavily to capture urban demand for rapid deliveries.
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