Supertails, a Bengaluru-based petcare startup secured $15 million (about Rs 125 crore) in equity capital, with RPSG Capital Ventures leading the round. Several of the company’s current investors participated, including Sauce VC, DSG, Saama Capital, and Fireside Ventures.
The funding will be utilized to grow Supertails Pharmacy, the company’s healthcare service, offline growth, product scalability, and client acquisition, as reported by The Economic Times.
“We will have to think of multiple stores in multiple localities. In the next two quarters, the idea is to have five to seven stores. And once we are able to crack that model, we’ll have at least 25 stores in the next two years,” Varun Sadana, co-founder of Supertails told ET.
The business intends to open trial outlets in tier-I and major cities such as Bengaluru, Mysore, and Ahmedabad.
Offering a vast selection of pet necessities that meet all of their needs, the company is passionate about improving the lives of pets and their owners with its pet products.
Founded in 2021 by Varun Sadana, Aman Tekriwal, and Vineet Khanna, Supertails is building a digital pet care platform that offers expert-led healthcare services and products. It offers online vet consultations and products across food, accessories, grooming essentials, and toys for dogs and cats.