
Pet healthcare startup Vetic has
raised $40 million in a fresh funding round led by Bessemer Venture Partners,
with participation from existing investors Greenoaks Capital, Lachy Groom, and
JSW Family Office. Bessemer had also backed the company's earlier funding
rounds. The fresh proceeds will be used to expand Vetic's clinic network, scale
its veterinary workforce across in-clinic, at-home, and virtual care services,
deepen its insurance and wellness offerings, and invest in technology and AI
capabilities. The company also plans to roll out its Vet at Home services
nationally over the next two quarters.
Vetic claims to have built a
healthcare operating system that maintains longitudinal health records for pets
and standardises care protocols across its network. The company has also
integrated AI tools for pet parent triaging, veterinary diagnostics support,
and personalised care recommendations. According to its financial statements,
Vetic's operating revenue grew 2.5X to Rs 62.9 crore in FY25 from Rs 25.5 crore
in FY24. However, its rapid expansion pushed expenses higher, resulting in a
63% increase in losses to Rs 65.6 crore in FY25 from Rs 40.2 crore in the
previous fiscal year.
The latest funding comes amid
growing investor interest in India's pet care market, where rising pet
ownership and increasing spending on healthcare and wellness services continue
to create opportunities for organised players. Heads Up For Tails, Supertails,
Wiggles, and Dogsee Chew are among the startups that have raised capital as the
country's pet care ecosystem expands.
About Vetic
Vetic has been Founded in 2022 by
Gaurav Ajmera. Vetic operates an integrated pet healthcare platform that
combines veterinary clinics, emergency care, diagnostics, surgeries, at-home
veterinary services, insurance, pharmacy, and pet supplies.
The Gurugram-based company
currently operates more than 65 clinics across 11 cities and 15 emergency care
facilities. It also serves over 60,000 subscribed members through its
healthcare platform.