Rise of pet parents sparks scramble for fundraising

Pet care startups like Heads Up For Tails, Supertails, Vetic are looking for capital

- Priyamvada C. & Sneha Shah

Urban India's pet parents are driving a wave of investor interest in the pet care space. A clutch of startups such as Heads Up For Tails, Supertails, and Vetic are now in fundraising talks amid rising demand for premium products and services.

While Supertails looks to raise about ₹200 crore by the end of this year, Heads Up For Tails is eyeing an investment from domestic investment firm 360 One Asset over the next few months, according to multiple people familiar with the matter.

Vetic, a tech-enabled chain of pet clinics, is looking to raise a sizeable round and has begun discussions with investors, they said, adding that some of these transactions may see existing investors part exit their stake.

Supertails and Vetic did not immediately respond to Mint's requests for a comment. While 360 One declined to comment, Heads Up For Tails' founder Rashi Narang denied the development.