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Home > Startups > Funding > PetStrong secures fresh funding led by Auxano Capital

PetStrong secures fresh funding led by Auxano Capital

Founded in 2024, PetStrong aims to bridge the gap in Indian pet dietary practices by offering affordable, high-protein products catering to local pets’ nutritional needs.

Abhinav Kumar Singh
Last updated: October 21, 2024 6:56 PM
By Abhinav Kumar Singh
PetStrong secures fresh funding led by Auxano Capital
PetStrong secures fresh funding led by Auxano Capital
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PetStrong, a Gurugram-based pet food company focused on the Indian market, has announced the completion of its latest funding round led by Auxano Capital with participation from CXOs from various Industries.

While the investment amount has not been disclosed, the funds will be used to accelerate product research, expand manufacturing capabilities, and broaden its distribution network to reach pet owners in major cities and smaller towns.

“As the Indian pet care market matures, it’s not just about formulating high-quality pet food; the challenge lies in delivering this nutrition at price points that resonate with the diverse needs of Indian pet owners. This funding is instrumental in scaling up our manufacturing capabilities and enhancing our supply chain efficiency. It also enables us to innovate with tools like our Dog Nutrition Calculator, which helps pet owners create personalized, health-focused meal plans for their pets. By addressing the unique dietary needs of Indian pets, we’re ensuring that PetStrong is at the forefront of the industry’s transformation,” said Nisheeth Kumar, Co-Founder of PetStrong.

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Commenting on the new funding, Brijesh Damodaran, Partner, Auxano, stated, “India’s pet food industry is at a pivotal juncture, with rising awareness around the importance of balanced, protein-rich diets for pets. However, accessibility and affordability of high-quality nutrition remain significant barriers. With this funding, we’re equipped to expand our distribution network and product offerings, actively combating diet-related health issues among pets while making premium nutrition more attainable across a wider consumer base.”

Founded in 2024, PetStrong aims to bridge the gap in Indian pet dietary practices by offering affordable, high-protein products catering to local pets’ nutritional needs.

PetStrong has developed a range of offerings, including meal boosters, fresh food, gravy food, and functional supplements, all aimed at providing high-protein diets at accessible price points.

PetStrong is also leveraging technology to create personalized solutions for pet owners. Central to this effort is the Dog Nutrition Calculator, which analyzes factors such as age, breed, weight, activity level, and health conditions to provide tailored health reports and diet plans for dogs. Additionally, the company aims to work with the Veterinary Channel to focus on pet parent education on health and nutrition.

The pet care market presents a significant opportunity due to its current under-penetration in consumer spending. In developed markets, almost 80% of Pet Parents actively participate in the Pet Food Market, while in India, due to the lack of awareness and availability of the right products, only 25% of Pet Parents participate in the Pet Food market. This highlights a clear need for growth, as the total market is projected to reach INR 20,000 crores by 2030. In this landscape, PetStrong with its mission of “Pet Parenting, the Indian Way” is well-positioned to meet evolving consumer demands, offering innovative solutions that enhance pet health and wellness while driving responsible pet ownership. As the market matures, PetStrong’s commitment to quality will be crucial in shaping the future of pet care in India.

TAGGED:Auxano CapitalPetStrong

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