Drools, a home-grown pet food company, has received a financial investment from Nestlé S.A (the parent company of Nestlé India), who will acquire a minority stake in the company.
Drools will continue to remain strategically and operationally independent. This development comes after L Catterton, a leading global consumer-focused private equity firm invested in Drools in June 2023 for a minority stake.
Founded in 2010, Drools products are distributed across more than 40,000 retail outlets and exported to 22 countries. Drools operates six state-of-the-art manufacturing units and an expansive 16-lakh sq. ft. warehousing footprint, supported by 3,400 employees — including 1,800 sales professionals.
The company offers 650+ SKUs, including high-protein, prescription, and value-for-money diets, serving the full spectrum of pet nutrition needs.
“This is a testament to the love and trust of millions of pet parents and to our unwavering commitment to quality. Backed by a strong focus on science-based nutrition, Drools continues to drive innovation and build meaningful engagement with the evolving demographic of Indian pet parents, positioning itself at the forefront of the country’s pet care industry,” said Fahim Sultan, Founder of Drools Pet Food.
L Catterton Partner and Head of India Anjana Sasidharan said, “Drools has achieved significant growth since we invested in the company two years ago, through the high-quality in-market agility and execution, and a range of operational initiatives we have been working on with its management team to create value. We are thrilled that Nestlé, that has such a renowned position in the global pet care and consumer brands space, joins as a minority partner.”
