Exclusive: Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners

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Petcare startup Supertails is in talks to raise $15-20 million in a round led by Singapore-based consumer focussed investment firm Venturi Partners, people familiar with the matter told ET. Some of Supertails’ existing backers are also likely to participate, one of the persons said, adding that the final construct of the round was still being negotiated.

The round comes at a time when the petcare space has seen a pick-up in activity over the last six to eight months. Reliance Consumer Products, the FMCG arm of Reliance Industries, announced last…



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Exclusive: Petcare startup Supertails in talks to raise $15-20 million, led by Venturi Partners



Petcare startup Supertails is in talks to raise $15-20 million in a round led by Singapore-based consumer focussed investment firm Venturi Partners, people familiar with the matter told ET. Some of Supertails’ existing backers are also likely to participate, one of the persons said, adding that the final construct of the round was still being negotiated.

The round comes at a time when the petcare space has seen a pick-up in activity over the last six to eight months. Reliance Consumer Products, the FMCG arm of Reliance Industries, announced last…



Source link

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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