Pet Products Startup Business Raising Funds In Gurgaon
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Product / Service
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.
Clientele type
They have B2C clients.
Premises
They have an office and a warehouse in Gurgaon.
Asking Price Includes
They are ready to offer equity against the investment in the company.
Asking Price
INR 4.00 Crore
Minimum ticket size
INR 5,000,000 (INR 50.00 Lac)
Reason
They want to boost their sales, productivity, and revenue and launch AI pet products.
Other Details
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.
Business Tags
₹10 to ₹200 Cr
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