Why Are Investors Increasingly Backing India’s Pet Healthcare Market?
India’s rapidly growing pet care industry has attracted another major funding round, with pet healthcare startup Vetic raising $40 million from investors led by Bessemer Venture Partners.
The round also saw participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office. Bessemer, one of the company’s earliest backers, doubled down on its investment as Vetic accelerates expansion across India’s organized pet healthcare ecosystem.
The latest funding comes amid rising pet ownership, growing awareness around preventive healthcare, and increasing spending on pet wellness services across urban India.
Notably, startup-focused publication Entrackr had exclusively reported in May 2025 that Vetic was in discussions to raise a fresh round led by Bessemer Venture Partners.
What Is Vetic And Who Founded It?
Founded in 2022 by Gaurav Ajmera, Vetic has built an integrated pet healthcare platform that aims to bring structured, technology-enabled veterinary services to Indian pet parents.
The company combines physical veterinary clinics, emergency care facilities, diagnostics, surgeries, pharmacy services, pet supplies, insurance products, and at-home veterinary care under a single ecosystem.
Unlike traditional standalone veterinary clinics, Vetic operates a full-stack healthcare model designed to support pets throughout their healthcare journey.
The startup’s objective is to create a standardized and accessible healthcare infrastructure for companion animals across India.
How Large Is Vetic’s Current Network?
In just three years, Vetic has rapidly expanded its physical presence.
The Gurugram-based startup currently operates more than 65 veterinary clinics across 11 cities and manages 15 emergency care facilities.
According to the company, its healthcare platform serves over 60,000 subscribed members, making it one of India’s largest organized pet healthcare networks.
The company has also developed a proprietary healthcare operating system that maintains longitudinal health records for pets and standardizes treatment protocols across its growing clinic network.
How Will Vetic Use The Fresh Capital?
The newly raised $40 million will primarily be used to strengthen Vetic’s position as a comprehensive pet healthcare provider.
A significant portion of the capital will support the expansion of its clinic network across new markets and deepen its veterinary workforce across in-clinic, at-home, and virtual care services.
The startup also plans to invest heavily in insurance products, wellness programs, healthcare technology, and artificial intelligence capabilities.
One of the key priorities is the nationwide rollout of its “Vet at Home” service over the next two quarters, enabling pet owners to access professional veterinary care from their homes.
How Is AI Becoming Part Of Pet Healthcare?
Technology is becoming a core differentiator for Vetic.
The company has integrated AI-powered tools across multiple areas of its healthcare platform.
These include pet-parent triaging systems, veterinary diagnostic assistance, personalized treatment recommendations, and healthcare decision-support tools.
By leveraging artificial intelligence, Vetic aims to improve healthcare outcomes, reduce response times, and deliver more personalized care experiences for pet owners.
The company believes technology will play a critical role in addressing India’s shortage of organized veterinary infrastructure.
How Fast Is Vetic Growing?
Vetic’s financial performance highlights the rapid growth of the pet healthcare segment.
According to its latest financial statements, operating revenue grew 2.5 times to ₹62.9 crore in FY25, compared to ₹25.5 crore in FY24.
The strong growth reflects increasing demand for organized veterinary services, preventive care, diagnostics, and subscription-based pet healthcare solutions.
However, aggressive expansion has also increased operating costs.
The company’s losses widened by 63% to ₹65.6 crore in FY25 from ₹40.2 crore a year earlier, largely due to investments in clinic expansion, technology development, workforce hiring, and market penetration.
Why Is India’s Pet Care Market Attracting So Much Capital?
India’s pet economy has emerged as one of the fastest-growing consumer categories over the last few years.
Rising disposable incomes, changing family structures, urbanization, and increasing emotional spending on pets have significantly expanded the market.
Pet owners are increasingly spending on healthcare, nutrition, insurance, grooming, wellness products, and premium services.
This trend has created opportunities for startups focused on building organized pet care ecosystems.
Several companies in the sector have attracted investor interest, including Heads Up For Tails, Supertails, Wiggles, and Dogsee Chew.
What Lies Ahead For Vetic?
With fresh capital, a rapidly expanding clinic network, and growing adoption of technology-driven veterinary services, Vetic is positioning itself as a category leader in India’s organized pet healthcare market.
The company plans to continue investing in infrastructure, workforce expansion, AI capabilities, and home-based veterinary services while deepening customer engagement through insurance and wellness offerings.
As pet ownership continues to rise across India, Vetic is betting that healthcare will become one of the most important pillars of the country’s evolving pet care ecosystem.
