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Supertails to raise $25 mn in Series B round
Mint Mumbai
|January 31, 2024
Deepika Padukonebacked petcare marketplace Supertails is in talks to raise $25 million (about 200 crore) from new and existing investors as part of its Series B funding.
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The company is in talks with investors including RPSG Capital Ventures, the venture capital arm of the RPSG Group, to raise the capital at a valuation that ranges from $350-400 million, three people with knowledge of the development said.
The company, that has been growing exponentially in the last 12-18 months is looking to top up on capital as it enters new categories for petcare, one of the persons with direct knowledge of the company's plans said.
This story is from the January 31, 2024 edition of Mint Mumbai.
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