India’s Marico to acquire 60% of Cosmix Wellness in ₹375 crore deal amid rising protein demand

Indian FMCG major Marico has announced that it will acquire a 60% stake in Cosmix Wellness at an equity valuation of ₹375 crore, strengthening its presence in the fast-growing wellness and plant-based nutrition market. The company confirmed that it has signed definitive agreements to invest in the digital-first brand, marking another strategic step in its expansion beyond traditional FMCG categories.


Focus on digital-first wellness growth

Cosmix Wellness, founded as a modern health and nutrition brand, has built its identity around vegan, gut-friendly formulations and clean-label products aimed at health-conscious consumers.

Its product portfolio includes:

  • Plant-based protein powders
  • Fermented yeast protein powders
  • Functional superfood blends
  • Plant-protein pancake mixes
  • Plant-protein snack bars

The company reported a turnover of ₹50.9 crore in FY25 and has already scaled to around ₹100 crore ARR (Annual Recurring Revenue) — showing strong traction in India’s growing online wellness segment.


Marico’s bigger strategy behind the deal

This acquisition fits into Marico’s wider strategy of building a strong digital-first brand portfolio. The company has been actively expanding into new-age consumer categories that appeal to younger, fitness-focused, and online buyers.

Recently, Marico also announced the acquisition of the 4700BC premium snacking brand, signaling its aggressive push into health-focused food and lifestyle segments.

According to company leadership, food and premium personal care are expected to contribute about 25% of Marico’s India revenue in the coming years.


Leadership outlook

Marico’s MD & CEO stated that Cosmix adds a differentiated brand to its digital ecosystem, highlighting strong consumer connection and innovation in the plant-based wellness segment. The company sees significant long-term potential in protein and functional nutrition categories as lifestyle habits continue to evolve in India.


Growth ambitions ahead

Marico has crossed the ₹10,000 crore revenue milestone in FY25 and has outlined an ambitious roadmap to become a ₹20,000 crore company by 2030, targeting two-fold growth over the next five years. The Cosmix acquisition is expected to play an important role in achieving this goal by expanding Marico’s footprint in high-growth health and nutrition categories.


📌 Key takeaways

  • Marico to buy 60% stake in Cosmix Wellness
  • Deal values Cosmix at ₹375 crore
  • Focus on plant-based protein and wellness nutrition
  • Cosmix recorded ₹50.9 crore FY25 turnover
  • Supports Marico’s long-term digital and premium food strategy

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