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Startup Atlas · Beauty & Personal Care

OZiva Acquired

Zywie Ventures Private Limited Mumbai, Maharashtra Founded 2016 oziva.in ↗
Aarti Gill · Co-founder & CEO Mihir Gadani · Co-founder
$17 MnTotal funding (tracked)
2Funding rounds
17 Mar 2021Last round

OZiva: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Clean-label certified purity

Third-party clean certification benchmarks product purity against contaminants.

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Ayurveda + modern science

Product philosophy blends traditional Ayurvedic ingredients with modern nutritional science.

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Empowering healthier living

Core brand mission framing for the plant-based product range.

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Customer Segments

Women, 18-55

Primary target demographic per Matrix Partners India's Series A announcement.

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Tier 2/3 city consumers

Offline retail expansion targets smaller-city shoppers.

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Customer Relationships

Free digital diet consultations

Company-run digital consultation program supports the product ecosystem.

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Channels

D2C e-commerce (oziva.in)

OZiva's own direct-to-consumer online storefront.

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Offline retail (800+ stores)

Omnichannel brick-and-mortar expansion, weighted toward Tier 2/3 cities.

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Key Activities

Plant-based product manufacturing & R&D45 SKUs

Formulates and manufactures supplements, hair, skin and beauty products across a growing SKU range.

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Third-party purity testing

Independently tests products for contaminants to support its clean-label claims.

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Key Resources

No cited public information yet.

Key Partnerships

Hindustan Unilever (majority investor, later full owner)

HUL took a 51% stake in 2022 and acquired the remaining 49% in 2026, making OZiva a wholly-owned subsidiary.

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Deepika Padukone — brand ambassador

Bollywood actor engaged for brand-building and mainstream appeal.

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Clean Label Project — purity certification

Independent US non-profit certifies product purity against contaminants.

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Revenue Streams

Premium-priced product salesAvg. ticket ₹1,100

Core D2C sales at premium price points.

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Affordable trial-size packs₹15-20 per pack

Low-cost mini packs to acquire new customers, particularly in smaller cities.

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Cost Structure

Advertising & marketing — largest cost line₹120 Cr in FY25 (+94% YoY)

FY25 single largest expense category.

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Cost of materials consumed₹71 Cr in FY25 (+58% YoY)

Raw/packaging material cost for products.

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Employee benefit expenses₹23 Cr in FY25 (+44% YoY)

Team compensation costs.

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Transportation/logistics₹24 Cr in FY25

Shipping and fulfilment cost, more than doubled YoY.

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FAQs on OZiva

What is OZiva's business model?

OZiva's core value proposition centers on Clean-label certified purity, Ayurveda + modern science, Empowering healthier living.

How does OZiva make money?

OZiva's cited revenue streams include Premium-priced product sales, Affordable trial-size packs.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: indifoodbev.com · Last verified 18 Jul 2026. · Report a correction