High-Net-Worth Individuals (HNIs) and Astir Ventures have contributed Rs. 11.5 crore ($1.33 million) in startup finance to the Bower School of Entrepreneurship.
The money raised will be utilized to fund the creation of physical campuses in Southeast Asia, the Middle East, Europe, and the USA, as well as new alliances with business leaders and an AI-powered course building platform.
By FY26, Bower hopes to have impacted more than 15,000 students and generated Rs. 15 crore in income from all verticals. For the fourth quarter of FY25, the institution generated income of Rs. 1.5 crore.
Bower, which was founded by Pavan Allena, provides professional and student entrepreneurship training. These include the planned Bower UG undergraduate program, which will begin in August 2025, Bower SEED for K–12 students, and Bower LEAD for working professionals.
In the three months since its launch, Bower has worked with more than 5,000 students, recorded 1.5 crore reservations, and employs 63 academic members and 27 team members. Up to 150 participants are anticipated for the four cohorts of the executive program Bower LEAD in 2025.
The parent company of Man Matters, Boywise, and Little Joys, Mosaic Wellness, has raised a fresh round of funding from Think Investment totaling Rs. 175 crore, or roughly $20 million.
Recently, the board of Mosaic Wellness has passed a special resolution to issue 16,279 mandatory convertible preference shares at an issue price of Rs. 1, 07,500 each in order to raise Rs. 175 crore, or $20 million.
The company intends to use the additional funds for general business activities, growth, and expansion, according to the documents.
Mosaic Wellness is a digital-first consumer health business that was founded in 2020 by Revant Bhate and Dhyanesh Shah. It operates three distinct brands for men, women, and children. Its main brand, ManMatters, provides products for nutrition, cleanliness, derma, and sexual health.
