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SAPL Group, the parent company of the Organic dog food brand TailBlaze, has raised an undisclosed amount in a pre-Series A funding round in Q1 2024. The company is valued at $7.25 million. SAPL Group is headquartered in Bengaluru.
The parent company is currently in discussions with VCs and Family Offices in the United States and India to raise a larger Series A round of approximately $2 million.
This decision is based on the company's significant revenue growth and the commencement of operations in seven additional countries, including the United States, the United Kingdom, Georgia, Armenia, Australia, the United Arab Emirates, and Canada.
SAPL Group is committed to capitalizing on the evolving global landscape by establishing and acquiring additional brands in the near future that are grounded in key differentiators and address the significant issues faced by the Children of Tomorrow: the Pets.
Read also - Finarkein Analytics Secures $4.75 Mn Pre-Series A Funding Round from Nexus Venture Partners
The global pet industry has experienced consistent growth as a result of numerous defining trends. The demographic shift in younger generations, particularly millennials and GenZ, is the most notable. They are increasingly adopting pets, delaying having children, and becoming pet parents.
About TailBlaze
Founded in 2022 by Manaal Maniyar, TailBlaze is out on a mission to trailblaze a new Era for pets. Pet Industry across the Globe has been largely compromised after the introduction of mass-market kibbles in the late 90s.
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