Vetic Funding: Pet care startup Vetic raises $3.7 million in funding round led by Lachie Groom | Tech Reddy

Tech-enabled pet care startup Vetic said Wednesday it has raised $3.7 million in a seed funding round led by investor Lachie Groome. The round saw the participation of renowned angel investors including Utsav Somani (Partner, Angellist India), Nitin Saluja (Founder Chaos), Shiva Singh Sangwan (Founder, 1947 Rise), Revant Bhate (CEO, Mosaic Wellness), and Manu Gupta. Founder, Blue Lion VC).

A clutch of Oyo CXOs — Ritesh Aggarwal (CEO), Abhinav Sinha (COO), Abhishek Gupta (CFO), Maninder Gulati (CSO), and Anuj Tejpal (CBO) — have also invested in tech-first startups.

Launched in August 2022 by Gaurav Ajmera (ex-COO Oyo and ex-CBO Pristine Care), Vetic aims to provide medical care for pets and all other pet care needs such as nutrition, wellness etc.

The startup will use the capital to strengthen its technology, establish state-of-the-art medical infrastructure and expand its network of clinics. Vetic has four clinics in Gurgaon and plans to scale it to 15 across Delhi-NCR and Bengaluru by June 2023. “Pet adoption in India is growing at a rapid rate However, pet health care remains the biggest challenge for pet parents. The current healthcare ecosystem is plagued with subpar clinical and medical infrastructure with minimal technology adoption. We aim to deliver this through our technology-enabled pet clinic,” says Ajmera.

He added that the funding will allow the startup to invest in building customer-facing technology platforms and modern medical facilities.

“Pet healthcare is about to experience the same disruption that personal healthcare has experienced over the past few decades. I believe Gaurav and the Vetic team will redefine the pet experience and create the leading pet healthcare brand in India,” said Lachi Groom.

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