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Bessemer Venture Partners leads $40 mn funding in petcare startup Vetic

Reported by Vccircle
Jun 18, 2026· 2 min read
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Key Takeaways
  • • Bessemer Venture Partners led a $40 million funding round for Vetic, an Indian pet healthcare startup, with participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office.
  • • Vetic operates an integrated pet healthcare platform with 65+ clinics across 11 cities, 15 round-the-clock emergency facilities, 250+ veterinarians, and serves over 60,000 subscribed members as of June 2026.
  • • Capital will be deployed to expand clinic networks, scale veterinary workforce capacity, roll out vet-at-home services nationally, strengthen AI-powered diagnostics and triage capabilities, and deepen insurance and wellness product offerings.
  • • The startup has raised approximately $430+ million cumulatively across seed, Series A, B, and C rounds since founding in 2022, signaling sustained institutional confidence in India's fragmented pet healthcare market consolidation.
  • • Vetic maintains digital health records across its network and leverages artificial intelligence tools for diagnostics, triaging, and personalized pet care recommendations—positioning technology as a core competitive moat in a traditionally fragmented sector.
Summary
Vetic, a Delhi-based pet healthcare platform, closed a $40 million funding round led by existing backer Bessemer Venture Partners. The round included participation from repeat investors Greenoaks Capital, family office investor Lachy Groom, and JSW Family Office, underscoring continued confidence in the company's growth trajectory within India's pet healthcare market.

Founded in 2022 by Gaurav Ajmera, Vetic operates an integrated platform spanning veterinary clinics, diagnostics, surgical services, home care, insurance, pharmacy, and pet supplies. The company currently operates more than 65 clinics across 11 cities and runs 15 dedicated round-the-clock emergency facilities. Its network comprises over 250 veterinarians and serves more than 60,000 subscribed members, with digital health records maintained across all locations.

The $40 million capital injection will be allocated across four strategic priorities: expanding the clinic network and doubling veterinary workforce capacity (including in-clinic, home, and virtual care modalities); rolling out vet-at-home services nationally over the next two quarters; deepening insurance and wellness product offerings; and strengthening AI-powered technology capabilities for triaging, diagnostics, and personalized pet care recommendations. These investments reflect a consolidation-driven strategy targeting India's historically fragmented pet healthcare sector.

Vetic's funding trajectory demonstrates strong institutional backing. The startup raised seed funding in 2022 from angel investors, followed by approximately Rs 50 crore from Greenoaks and others in 2023, Rs 90 crore in 2024, and Rs 224 crore in a Series C round in 2025. The current round represents continued momentum from existing shareholders, with Bessemer Venture Partners maintaining its lead investor position. According to founder Ajmera, the company was conceived to address gaps in pet care quality and fragmentation—a market opportunity anchored in rising pet ownership and premiumization in urban India.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Vccircle Bessemer Venture Partners leads $40 mn funding in petcare startup Vetic