Petcare Startup Vetic Raises Funding To Launch 15 Vet Clinics By 2023
Vetic, a tech-enabled chain of modern clinics focusing on overall pet health care, raises $ 3.7 million in a seed funding round led by Lachy Groom. The round also saw participation from renowned angel investors including Utsav Somani (Partner, AngelList India), Nitin Saluja (Founder Chaayos), Ritesh Agarwal (CEO, OYO), Abhinav Sinha (COO OYO), Shiva Singh Sangwan (Founder,1947 Rise), Maninder Gulati (CSO OYO), Revant Bhate (CEO, Mosaic Wellness), Anuj Tejpal (CBO OYO), Revant Bhate (CEO, Mosaic Wellness), Abhishek Gupta (CFO OYO) and Manu Gupta (Founder, Blue Lion VC) amongst others.
Vetic was started in August 2022 by Gaurav Ajmera (Ex-COO OYO and Ex-CBO Pristyn Care), It aims to provide pets with best-in-class medical care, and convenience to pet parents for all other pet care needs like nutrition, wellness etc. The freshly raised capital will be used by the company towards further bolstering technology, establishing state-of-the-art medical infrastructure, as well as the geographical expansion of Vetic’s clinic network across Delhi NCR and Bangalore regions.
Commenting on the Company’s vision and fundraising, Gaurav Ajmera, Founder of Vetic said, “Pet adoption in India is increasing at a fast rate, however, pet health care remains the biggest challenge for pet parents. The current pet healthcare ecosystem is plagued with subpar clinical and medical infrastructure with minimal technology adoption. Vetic believes that every pet should have access to the best medical care. We aim to deliver this through our network of tech-enabled modern pet clinics equipped with the latest medical infrastructure and experienced veterinary doctors. The latest round of funding will allow us to invest in building consumer-facing technological platforms and cutting-edge medical facilities.”
Speaking on his investment in Vetic, Lachy Groom said, “Pet healthcare is going to experience the same disruption that personal healthcare has experienced over the last few decades. I believe Gaurav and the Vetic team will redefine the pet experience and build the leading pet healthcare brand in India.”
The Start-up currently has 4 clinics in Gurgaon and plans to scale to 15 clinics across Delhi NCR and Bangalore regions by June 2023. Vetic recently launched Android and IOS mobile App, which enables seamless appointment booking and pet health record keeping, the first of its kind in pet health care.
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