Nestle acquires minority stake in Indian pet food brand Drools

May 26, 2025

, By The Economic Times

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Nestlé has acquired a minority stake in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/drools-pet-food” target=”_blank”>Drools Pet Food, one of India’s leading pet nutrition brands. ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/drools” target=”_blank”>Drools will continue to operate independently, the company confirmed.

Founded in 2010, Drools has a retail presence across 40,000 stores and exports to 22 countries. It runs six manufacturing plants, spans 1.6 million sq. ft. in warehousing, and employs 3,400 people.

This marks Drools’ second major funding after L Catterton, backed by LVMH, data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/funding/l-catterton-pumps-60-million-into-pet-food-maker-drools-at-600-million-valuation/articleshow/101129262.cms” data-type=”tilCustomLink” target=”_blank”>pumped in $60 million in June 2023, valuing the company at $600 million.

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Nestle acquires minority stake in Indian pet food brand Drools

May 26, 2025

, Published By The Economic Times

Nestlé has acquired a minority stake in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/drools-pet-food” target=”_blank”>Drools Pet Food, one of India’s leading pet nutrition brands. ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/drools” target=”_blank”>Drools will continue to operate independently, the company confirmed.

Founded in 2010, Drools has a retail presence across 40,000 stores and exports to 22 countries. It runs six manufacturing plants, spans 1.6 million sq. ft. in warehousing, and employs 3,400 people.

This marks Drools’ second major funding after L Catterton, backed by LVMH, data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/funding/l-catterton-pumps-60-million-into-pet-food-maker-drools-at-600-million-valuation/articleshow/101129262.cms” data-type=”tilCustomLink” target=”_blank”>pumped in $60 million in June 2023, valuing the company at $600 million.

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Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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You can now watch the Internet Archive livestream history as it’s being preserved

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