MAM
Mosaic Wellness appoints Sachin Singla as chief revenue officer
Mumbai: Health and wellness start-up Mosaic Wellness on Wednesday announced the appointment of Sachin Singla as chief revenue officer.
His duties include overseeing the growth function, leading all the channel teams, and ensuring each category of offerings is pushed to the right consumer segments based on the company strategy, said the statement.
Singla joins Mosaic Wellness with a rich experience of over 15 years across finance, marketing and analytics. In his last stint, he was leading the growth vertical at Disney+ Hotstar India. He was also part of the MakeMyTrip leadership team wherein his role involved taking care of marketing engineering, customer analytics, performance measurement and attribution.
“We are thrilled to have an experienced leader like Sachin, who brings execution excellence and a proven playbook across industries join us in our mission to solve for elective health in the country,” said Mosaic Wellness CEO Revant Bhate. “Both Man Matters and Body wise have built out a strong customer proposition for the Indian consumer and now it’s time to accelerate their reach & awareness to a larger diaspora of the population.”
In his role, Singla will focus on further structuring and accelerating the use and adoption of digital-friendly health platforms across markets, leveraging all possible digital channels and building strong relationships with partners and customers.
“I was very excited to see what the company has achieved in 18 months since launch. The firm has an amazing young team who are very missionary in their approach to solve for elective health in India which reflects in the passionate customer base as well,” stated Sachin Singla. “Leaving a large successful organisation like Disney+Hotstar was not easy but the company’s mission, as well as the team, really inspired me to take on this new challenge and I am looking forward to scaling the same over the next few years.”
An alumnus of National Institute of Technology Kurukshetra, Singla has pursued BTech in mechanical engineering in 2005 followed by an MBA in finance and marketing from Indian Institute of Management, Kozhikode in 2010.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
