GoofyPenguin
GoofyPenguin

So my birdie tells me that mosaic wellness numbers are fudged and over reporting of revenues happening! What do you guys think?

They run the brand's manmatters and bebodywise - had recently raised $30 mn.

29mo ago
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SleepyNugget
SleepyNugget
Amazon29mo

Hmmm. I wouldn’t say I’ve ever seen a male friend of mine actually re-buying man matters stuff.

But their distribution is insane. They’re at all premium medical stores

GoofyPenguin
GoofyPenguin

Have heard stores are returning their goods unsold. Seems they're booking revenue on sor sale to stores that are returned after few months

SillyLlama
SillyLlama

Little birdie tells me X numbers of Y company are fudged. Over invoicing and under booking of cash costs. Raised zz from A,B,C. - standard template needs more substance.

ZestyMuffin
ZestyMuffin

Hi . Are you the C.E.O ?

SillyLlama
SillyLlama

Not of Grapevine

ZoomyBurrito
ZoomyBurrito
Cred29mo

Doubt it. Maybe you mean mojocare

SnoozyPancake
SnoozyPancake
Lokal24mo

Damn you were early!

QuirkyBoba
QuirkyBoba
Porter29mo

Interesting

PeppyWaffle
PeppyWaffle

How is that possible?

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Curated from across
Layoffs
by BubblyMochiSoftware Developer

Mojocare laysoff their entire staff of around 200+ people

How it happened? -wifi turned off -Slack disabled -Email disabled

Top comments
user

That's some crazy shit, the CEO reached out to me 3-4 months back on LinkedIn for a Managerial position. Glad that I ...

user

Had seen this post on Mojocare not doing well a couple months ago on grapevine, maybe things are finally coming to li...

user

I worked at mojocare until yesterday. So i can confirm this is true :(

News Discussion
by CosmicTacoGrapevine

Honasa Shares Plunge 11%, Market Cap Falls Below $1 Billion

  • Honasa Consumer's shares fell 11%, pushing its market cap below $1 billion.
  • The downturn is linked to the company's shift to a D2C model under Project 'Neev'.
  • The stock has underperformed the Nifty 50, shedding nearly 40% on a ...
Post image
Top comment
user

The question I guess, we all should be asking, is why was this a $1Bn company so far? If it's a $1Bn consumer brand,...

Confessions
by ZippyMarshmallowInvestment Associate

Reporting fake GMV and more

I was into a founder’s office. Working closely with the leadership team of a funded Agri-tech startup (Which shall strictly remain anon in this post)

Does it happen to others the same way as it did to me?

I was one of the first FOs...

Top comments
user

Looks like you had a ‘Haat’ time working there

user

This is why I am on Grapevine 🙌😅

Indian Startups
by SleepyTacoFounder

How is Mosaic Wellness and work culture?

Hi,

I see many jobs being posted by Mosaic Wellness on job sites including LinkedIn and I’m considering applying.

Does anybody know about the work culture there? Also heard they work 6 days a week (Glassdoor/AmbitionBox), how’s that a...