Mumbai: FMCG major Marico has signed a definitive agreement to acquire a controlling 60 percent stake in Cosmix Wellness Pvt Ltd for nearly ₹226 crore, marking a clear push into premium food and functional nutrition. The transaction values the digital-first wellness brand at an equity valuation of about ₹375 crore, according to the company’s disclosure to stock exchanges on February 4, 2026.
The acquisition is expected to be completed within 30 days, subject to customary conditions and final documentation. With this move, Marico adds a fast growing, plant focused nutrition label to its portfolio at a time when demand for clean label supplements and everyday wellness products is rising across urban India.
Cosmix Wellness operates primarily through digital channels and has built a following for its protein blends, daily nutrition mixes and women focused wellness offerings. The brand’s growth has been driven by online sales, influencer led marketing and repeat purchases from a young, health aware customer base. Marico said the deal aligns with its strategy to strengthen its presence in premium and adjacencies beyond core FMCG categories.
Commenting on the investment, Marico’s managing director and chief executive officer Saugata Gupta said the company sees strong headroom in wellness and plant based nutrition, with Cosmix showing early traction through differentiated products and consumer connect. The acquisition also adds to Marico’s growing digital first brand portfolio, which has been a focus area over the past few years.
Marico shares ended the trading session marginally lower at ₹730.10 on the NSE, with the acquisition announcement made after market hours. Over the past five years, the stock has delivered returns of over 76 percent, while the three year return stands at more than 47 percent. The company’s market capitalisation stood at about ₹94,773 crore as of February 4, 2026.
