[Funding News] Upstox Co-Founders Invest in Pet Warehouse

Pet Warehouse, having operated for the past one and a half years, has successfully expanded to six centers across Bangalore, including a newly launched center in Jayanagar.

The Jayanagar center evokes a warehouse ambiance and offers unmatched discounts that are highly competitive in the market. 

In the last year, Pet Warehouse has achieved notable revenue and received its first investment from Upstox Co-Founders, Ravi Kumar and Kavitha Subramanian, marking the beginning of its journey towards nationwide expansion.

The funds raised will support their initiative to trial an integrated warehouse and showroom concept at a single location. If successful, they plan to replicate this model across major cities in southern India. Additionally, their e-commerce platform guarantees delivery within 60 minutes of order placement only in Bangalore, enhancing customer convenience. 

Read also - Crypto-AI Startup Mira Secures $9 Mn Seed Funding Round Led by BITKRAFT Ventures and Framework Ventures

Upstox, a subsidiary of RKSV Securities, is a trusted online investment platform registered with SEBI. It offers a range of financial services including online stock trading, commodity trading, currency derivatives trading, mutual funds, and Demat accounts. Upstox is renowned for its fast, reliable, and user-friendly trading platform tailored for Indian stock market traders. Upstox ranks among the top five nationally in the stock trading sector. 

In the competitive landscape of pet retail in Bangalore, India, positioning Pet Warehouse as a comprehensive, affordable, and high-quality destination is essential. Unlike many new brands that claim to be premium pet stores, Pet Warehouse seeks to bridge a significant gap in the market.

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