Key Takeaways
- • Vetic secured $40 million (₹377.7 crore) in funding led by existing investor Bessemer Venture Partners, with participation from Greenoaks Capital, Lachy Groom, and JSW Family Office.
- • The pet healthcare platform operates an integrated model spanning veterinary clinics, emergency facilities, at-home care, insurance, and pharmacy services across India.
- • The company plans to expand its clinic network by 25 new centers across major Indian cities and open nine new clinics in Bengaluru by 2026.
- • Vetic was founded in 2022 by Gaurav Ajmera, an IIT Delhi alumnus with prior experience at SLB and OYO, and aims to standardize pet medical care delivery at human-grade quality levels.
Summary
Vetic, an integrated pet healthcare platform, has closed a $40 million funding round led by Bessemer Venture Partners, marking an expansion of the venture investor's existing stake in the company. Greenoaks Capital, angel investor Lachy Groom, and JSW Family Office joined the round as participants. The capital infusion signals continued investor confidence in India's pet care market and Vetic's full-stack healthcare model.
The startup operates across multiple segments of the pet healthcare ecosystem, including physical veterinary clinics, emergency care facilities, home-based veterinary services, pet insurance products, and pharmacy operations. This integrated approach differentiates Vetic from traditional single-service pet care providers and positions it to capture multiple revenue streams while building customer loyalty through unified service delivery.
Vetic intends to deploy the capital toward aggressive geographic expansion, planning to add 25 new clinic centers across major Indian cities and specifically open nine new clinics within Bengaluru by 2026. This expansion strategy reflects the company's ambition to scale its physical footprint while maintaining standardized medical protocols and service quality. The company was founded in 2022 by Gaurav Ajmera, an Indian Institute of Technology Delhi graduate with prior corporate experience at SLB and OYO, bringing operational scaling expertise to the pet healthcare sector.
The startup operates across multiple segments of the pet healthcare ecosystem, including physical veterinary clinics, emergency care facilities, home-based veterinary services, pet insurance products, and pharmacy operations. This integrated approach differentiates Vetic from traditional single-service pet care providers and positions it to capture multiple revenue streams while building customer loyalty through unified service delivery.
Vetic intends to deploy the capital toward aggressive geographic expansion, planning to add 25 new clinic centers across major Indian cities and specifically open nine new clinics within Bengaluru by 2026. This expansion strategy reflects the company's ambition to scale its physical footprint while maintaining standardized medical protocols and service quality. The company was founded in 2022 by Gaurav Ajmera, an Indian Institute of Technology Delhi graduate with prior corporate experience at SLB and OYO, bringing operational scaling expertise to the pet healthcare sector.
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