Petcare Startup Vetic To Raise INR 224 Cr In Funding Round Led By Bessemer Ventures
Summary
In a big boost to Indias pet healthcare ecosystem, Vetic, the Gurugram-based full-stack petcare startup, is set to raise INR 224 crore (~USD 26 million) in its Series C funding round led by global venture capital major Bessemer Venture Partners. Vetic has served over 1 lakh pets and offers services like consultations, vaccinations, surgeries, physiotherapy, grooming, and telehealth.The company has not disclosed its FY25 financials yet, but the filings show a 4.75X growth in operating revenue for FY24 at INR 26.6 crore, with INR 40.2 crore net loss. The network will upgrade technology, support senior pet care and potentially enter pet health insurance, a niche but exciting space in Indias petcare industry.Ajmera said the company is committed to inclusive care and services are offered to community animals at discounted rates with 20-30% off. After an animal abuse incident in Mumbai, Vetic has taken measures to upskill staff and surveillance to ensure accountability and transparency at all centers.Vetic Series C fundraise is more than just a funding roundits a sign of a market ready for innovation, professionalism and compassion in petcare. With seasoned investors backing the vision and a clear roadmap ahead, Vetic is set to change the face of veterinary services in India.As Indias petcare industry grows, Vetics bold moves will be the benchmark for what modern, tech enabled animal healthcare looks like in a changing world.