Pet Products Startup Business Raising Funds In Gurgaon
About Business
For dogs: Dog Food, Grooming, Dog Accessories, Bowls/Feeders/Lick Mats, Beds & Mats, Leashes/Harnesses/Collars, Toys, Puppy Training, Transport & Travel, VIP Section, Senior Dogs/Injured Dogs.
For cats: Cat Food, Dry Food, Wet Food, Supplements, Cat Treats, Cat Scratching & Climbing Items, Cat Toys, Cat Bed & Mats, Litter, Cat Grooming & Hygiene, Cat Bowls, Cat Travel & Crates, VIP Section.
The promoters started this business in 2021, founded by two tech enthusiasts, each with 15 years of tech experience.
The pet market is one of the fastest-growing markets but lacks tech and preventive healthcare tech products, they fit themselves to fill this gap globally, they partially drop-ship products.
They are the first pet tech company working on AI devices for preventive healthcare and monitoring for pets worldwide.
They also run an e-commerce platform that helps acquire data and serves as another revenue source for the company.
The company has a revenue of INR 1.05 Cr in FY22, INR 4Cr in FY23, and a projected revenue of INR 12 Crores for FY 25.
Clientele type
They have B2C clients.
Premises
They have an office and a warehouse in Gurgaon.
What’s on offer
They are ready to offer equity against the investment in the company.
Asking Price
INR 4.00 Cr
Minimum ticket size
INR 50.00 L
Reason
They want to boost their sales, productivity, and revenue and launch AI pet products.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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