TABPS Pets, a Coimbatore-based startup has raised Rs 4 crore in a seed round of funding from a group of angel investors.
Angel investors who invested in FiloMilo are @Saikat Biswas, Global Head – Medical Devices, Pharma & Services, at Wipro Limited, Vijay Mahnot, ex-President of GreenPanel and present CEO of Signet group, Aniruddha Sarkar, CIO of Quest investment advisors; KS Priyan, Founder PP equities MS LLP, Ajay Rathore, Head of Resource Management at Nokia, Ayush Gupta and Dipendu Nandi, Co-founders of Chaigram; invested in FiloMilo too.
Coimbatore-based TABPS Pets was founded by Brindha Vijayakumar. TABPS Pets owns the FiloMilo brand which is engaged in the manufacturing of Ayurvedic powered Pet products and grooming items. It currently has 320 stores available in Kerala and Tamil Nadu.
After the fundraising, Vrinda Vijay Kumar, Co-Founder, TABPS Pets said, “We are utilize these funds to set up a pet food manufacturing facility in Coimbatore. We will use the funds for R&D and further expansion of the brand in both physical and digital stores like Amazon for the good future of the company.
Vrinda said that most of the premium dog food is being imported into India and there are many problems in the process. Firstly, the food is already out of date when it reaches India after a long shipment time. Also in case of any supply chain disturbances, such as happened in the COVID-19 pandemic, it becomes very difficult for the puppies to suddenly adjust to the new food.