Pet Grooming Brand Zoivane Pets Raises INR 5 Crores in Seed Round led by GVFL, Ahmedabad

The startup intends to utilise the funds on product development, increasing quality work force and marketing.

Zoivane Pets, a Gujarat-based pet training and grooming brand, announced that it has raised 5 crores in a seed round led by GVFL, Ahmedabad. This brings the startup’s total funding to Rs. 5.54 crore to date. The startup is backed by We Founder Circle and notable angel investors including Hitesh Dhawan (Founder of Neuronimbus), Dhrumil Patel, Joy Gnanamony and Abhishek Gupta (CEO, APAC & Middle East of Turbotic) in its previous round. Zoivane Pets intends to utilize the funds primarily on product development, increasing quality work force and marketing its various product lines to spread knowledge about them.

The exponential rise in pet ownership during and after the Covid-19 pandemic has elevated demand for pet grooming and health services, creating opportunities for startups like Zoivane Pets seeking to disrupt the pet wellness space. Founded in 2019 by Mrs. Nishma Singhal who is a masters in cosmetics and perfumery from ISIPCA, PARIS and Mr. Kshitij Singhal with an extensive experience in F&B, entertainment and textile industry the brand aims to address the needs of first-time pet owners by facilitating pet training products and grooming products across India.

Zoivane’s unique training range includes patent formulations such as Potty Training Spray, Stay Away Spray, Pets Stain & Odour Remover and others that aid in the easy integration of pets into pet parents’ lives. The brand’s grooming collection features problem-solving shampoos for dandruff, itching, dryness, and hair fall, among other things. The grooming line comes with the goodness of natural active ingredients such as tea tree oil, vitamin E, hydrolyzed wheat protein, milk protein, multivitamins, and so on. Additionally, the product portfolio has procured customized fragrances from Europe certified perfume, which makes the product fragrances unique, long lasting in comparison to what other market participants have to offer.

 

Nishma Singhal, Co-founder of Zoivane Pets

On raising the fund Nishma Singhal, Co-founder of Zoivane Pets affirmed, “In the recent past, Zoivane Pets has dominated the Indian pet care industry. We were able to introduce products that filled gaps in the market and created new categories. By integrating our industry expertise, we seek to become a permanent part of people's lives as pet parenting partners.”

The faith that pet parents people have demonstrated in Zoivane Pets primarily increased our confidence in raising funds and expanding our portfolio. I’m extremely proud of what we’ve accomplished at Zoivane and appreciate listening from pet families who have noticed and experienced benefits in their furry family member from our natural products.” Nishma added.

On the Investment, Mr Mihir Joshi, President, GVFL said “This was in line with its strategy of investing in start-ups that continuously innovate through R&D and Zoivane Pets is a perfect example of that. Zoivane Pet is an emerging brand that has launched a number of innovative products in an affordable range for Pet care and we envision to penetrate the market together.

Before starting Zoivane Pets, Nishma worked with notable brands like Lakme Lever, BASF, Dusseldorf, Ayur International, Greenland Pharma & Naturich, a company based in the United States in research and development department

Under Nishma’s leadership, the brand claims to manufacture pet training products as well as grooming products in India. The brand is selling through Offline and Online channels and have sold over more than 50,000 units of products till date. It has a presence in nearly 500 retail stores in 25 states and 300 plus cities. Brand has the wide presence on online stores such as Amazon, Flipkart, Nykaa, Myntra, and Meesho etc.

About Zoivane Pets

We, at Zoivane Pets believe in addressing everyday pet parent problems. The basis of our products has always been to make pet parents and pets life easier. Which is why the Potty-Training Spray, Stay Away Spray & the Odour Removal Spray are our flagship products.

We truly believe that a pet should be a celebration, not a burden in any family's life. Because....Happy Pets, Happy Us. To know more please visit https://www.zoivanepets.com

Pet Care Startup Vetic Raises $3.7 Mn in a Seed Funding Round

The Company plans to expand its existing footprint and launch a total of 15 clinics across Delhi NCR and Bangalore regions, by June 2023

The freshly infused capital will be further deployed towards boosting technological capabilities, establishing state-of-the-art medical infrastructure, and geographical expansion for the clinic’s network

Vetic, India's first tech-enabled chain of modern clinics focusing on overall pet health care, has raised USD 3.7 Million in a seed funding round led by Lachy Groom.

The round also saw participation from renowned angel investors including Utsav Somani (Partner, AngelList India), Nitin Saluja (Founder Chaayos), Ritesh Agarwal (CEO, OYO), Abhinav Sinha (COO OYO), Shiva Singh Sangwan (Founder,1947 Rise), Maninder Gulati (CSO OYO), Revant Bhate (CEO, Mosaic Wellness), Anuj Tejpal (CBO OYO), Revant Bhate (CEO, Mosaic Wellness), Abhishek Gupta (CFO OYO) and Manu Gupta (Founder, Blue Lion VC) amongst others.Started in August 2022 by Gaurav Ajmera (Ex-COO OYO & Ex-CBO Pristyn Care), Vetic aims to provide pets with best-in-class medical care, and convenience to pet parents for all other pet care needs like nutrition, wellness etc.

The freshly raised capital will be used by the company towards further bolstering technology, establishing state-of-the-art medical infrastructure, as well as the geographical expansion of Vetic’s clinic network across Delhi NCR and Bangalore regions.

Commenting on the Company’s vision and fundraise, Gaurav Ajmera, Founder, Vetic said, “Pet adoption in India is increasing at a fast rate, however, pet health care remains the biggest challenge for pet parents. The current pet healthcare ecosystem is plagued with subpar clinical and medical infrastructure with minimal technology adoption. Vetic believes that every pet should have access to the best medical care. We aim to deliver this through our network of tech-enabled modern pet clinics equipped with the latest medical infrastructure and experienced veterinary doctors. The latest round of funding will allow us to invest in building consumer-facing technological platforms and cutting-edge medical facilities.

Speaking on his investment in Vetic, Lachy Groom said, “Pet healthcare is going to experience the same disruption that personal healthcare has experienced over the last few decades. I believe Gaurav and the Vetic team will redefine the pet experience and build the leading pet healthcare brand in India."

The Start-up currently has 4 clinics in Gurgaon and plans to scale to 15 clinics across Delhi NCR and Bangalore regions by June 2023. Vetic recently launched Android & iOS mobile App, which enables seamless appointment booking and pet health record keeping, first of its kind in pet health care.

About Vetic

Vetic offers a full stack pet care experience through a combination of technology platform and network of physical clinics offering services ranging from OPD, In-house diagnostics, Surgeries, Emergency care, Grooming, Online consultation, Quick commerce and more. Vetic’s uniqueness lies in digitalization of the complete pet care journey using its mobile app and veterinary management system. For more information, please visit: https://vetic.in

The app is available for download at http://bit.ly/3ASEENt