Pet-care startup Supertails.com raises $10 million in Series A funding
Supertails, a pet-care startup, has raised $10 million in Series A funding.
- The round was led by
Fireside Ventures, along with Saama Capitaland DSG Consumer Partners. Supertails.comis a pet-care ecommerce platform that offers pet supplies, training and vet consultations.
AdvertisementPet-care startup Supertails.com announced on Wednesday, November 9, 2022, that it has raised $10 million in Series A funding from Fireside Ventures, a Bengaluru-based investment firm. The round also saw participation from existing investors such as Saama Capital and DSG Consumer Partners.
Supertails.com was founded in 2021 by Varun Sadana, Aman Tekriwal, and
The company has already completed over 20,000 pet consultations and offers over 10,000 products from over 200 brand partners.
“At Supertails.com, our vision is to create a platform that makes their (pet parents) lives easier. From providing pet nutrition to round-the-clock pet care and consultation, our aim is to build a platform that integrates products, services, and communities,” said Supertails.com co-founders Varun Sadana, Aman Tekriwal, and Vineet Khanna.
The round also saw investment from angels such as Cred founder Kunal Shah, MamaEarth co-founder Varun Alagh, Genesis Luxury Fashion president
“With this round of funding, we want to invest in making a one-stop platform for pet parents that caters to all their needs. We are thrilled to have the support of Fireside Ventures, Saama Capital, and DSG consumer partners in this journey and aim to leverage their expertise to become the most preferred and loved pet-care platform in India,” the trio added.
Supertails.com plans on using the raised funds to scale its tech infra and launch its mobile application. The company is also expanding its newly launched brand Henlo, which currently sells diet enhancers for dogs. The money will also be used to expand its verticals, strengthen the supply chain and improve the post-sale experience.
“Supertails.com stands out as a unique online platform that caters from pet-care to pet indulgences in spaces like food, grooming, and fashion too. We at Fireside Ventures, believe that there is a massive untapped potential in the pet care industry and are certain that with Supertails.com’s innovative vision and the strength of their leadership team, the pet ownership industry has huge potential in the years to come,” said Kanwaljit Singh, founder and managing partner, Fireside Ventures.
Supertails.com had earlier raised $2.6 million during the Seed round, led by Saama Capital and DSG Consumer Partner.
Company looks to double its ARR
Supertails.com reported an annual recurring revenue (ARR) of ₹50 crore in the last 18 months, and is looking to double it to ₹100 crore by March 2023.
Health-tech startup CureBay raises ₹50 crore in Series A funding led by Elevar Equity
Best festive auto sales in the last 4 years, but sales may decline says FADA report
Four out of five Indian business execs believe that their cybersecurity budgets will rise in 2023
Popular on BI
- Exit polls predict BJP advantage in MP, Rajasthan, Congress win in Chhattisgarh, Telangana and tight contest in Mizoram
- India Squad announced for South Africa Tour - Rohit Sharma in Tests, SuryaKumar Yadav in T20s and KL Rahul in ODIs will lead
- IMD forecasts cyclone in Bay of Bengal around Dec 3
- Congress in MP and BJP in Rajasthan, according to the ABP-CVoter Exit Poll
- India's GDP grows 7.6% in September quarter, beats RBI estimates