A surge in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/pet-adoption” target=”_blank”>pet adoption since the Covid pandemic, coupled with the rapid expansion of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/petcare-services” target=”_blank”>petcare services and the rise of quick commerce, is prompting both risk-capital and strategic investors to seek opportunities in the petcare startup space.
On Monday, Swiss multinational Nestlé SA announced a data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/nestle-acquires-minority-stake-in-indian-pet-food-brand-drools/articleshow/121410347.cms” data-type=”tilCustomLink” target=”_blank”>minority investment in Drools, turning the Bengaluru-based pet food brand into a unicorn, or a privately held firm valued at $1 billion or more.
Supertails, a digital petcare platform backed by Fireside Ventures, is in talks to raise $24–25 million in a fresh…
