Key Takeaways
- • Bessemer Venture Partners led a $40 million (Rs 377.8 crore) funding round in Indian pet healthcare startup Vetic, with participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office.
- • Vetic, founded in 2022 by Gaurav Ajmera, operates an integrated pet healthcare platform with 65+ clinics across 11 cities, 15 round-the-clock emergency facilities, and a network of 250+ veterinarians serving over 60,000 subscribed members.
- • The capital will fund clinic network expansion, veterinary workforce scaling, national rollout of vet-at-home services, enhanced insurance and wellness offerings, and AI capability development for diagnostics and personalized care recommendations.
- • Vetic has raised approximately $35 million in aggregate since its 2022 seed round, demonstrating sustained investor confidence in the fragmented Indian pet healthcare market; this represents Bessemer's third participation in the company's funding trajectory.
Summary
Vetic, an integrated pet healthcare platform, has secured $40 million in a funding round led by returning investor Bessemer Venture Partners, signaling continued institutional backing for India's emerging pet healthcare sector. The round included participation from existing shareholders Greenoaks Capital, individual investor Lachy Groom, and JSW Family Office, reinforcing the startup's position as a consolidation play in a historically fragmented market.
Founded in 2022 by entrepreneur Gaurav Ajmera, Vetic operates a vertically integrated platform spanning veterinary clinics, diagnostic services, surgical facilities, home care, insurance products, pharmacy operations, and pet supplies. The company has built a meaningful footprint with 65+ clinics distributed across 11 Indian cities and operates 15 24-hour emergency care facilities. Its provider network comprises over 250 veterinarians, and the platform maintains digital health records across its ecosystem while serving more than 60,000 subscription members.
The fresh capital will be deployed across four strategic initiatives: scaling the clinic network and veterinary workforce (encompassing in-clinic, home, and virtual care modalities); national expansion of its vet-at-home service offering within the next two quarters; expansion of insurance and preventive wellness products; and investment in artificial intelligence applications for triage, diagnostic assistance, and personalized care recommendations. Bessemer's continued participation underscores confidence in Vetic's technology infrastructure and market consolidation thesis.
Vetic's funding trajectory reflects the venture capital market's conviction in pet healthcare as a category. Following seed funding in 2022, the company raised Rs 50 crore in 2023, approximately Rs 90 crore in 2024, and Rs 224 crore in a Series C round in 2025, according to VCCEdge records. The current $40 million commitment represents sustained momentum as the startup pursues operational expansion and technology enhancement in a market characterized by significant fragmentation and underinvestment in digital infrastructure.
Founded in 2022 by entrepreneur Gaurav Ajmera, Vetic operates a vertically integrated platform spanning veterinary clinics, diagnostic services, surgical facilities, home care, insurance products, pharmacy operations, and pet supplies. The company has built a meaningful footprint with 65+ clinics distributed across 11 Indian cities and operates 15 24-hour emergency care facilities. Its provider network comprises over 250 veterinarians, and the platform maintains digital health records across its ecosystem while serving more than 60,000 subscription members.
The fresh capital will be deployed across four strategic initiatives: scaling the clinic network and veterinary workforce (encompassing in-clinic, home, and virtual care modalities); national expansion of its vet-at-home service offering within the next two quarters; expansion of insurance and preventive wellness products; and investment in artificial intelligence applications for triage, diagnostic assistance, and personalized care recommendations. Bessemer's continued participation underscores confidence in Vetic's technology infrastructure and market consolidation thesis.
Vetic's funding trajectory reflects the venture capital market's conviction in pet healthcare as a category. Following seed funding in 2022, the company raised Rs 50 crore in 2023, approximately Rs 90 crore in 2024, and Rs 224 crore in a Series C round in 2025, according to VCCEdge records. The current $40 million commitment represents sustained momentum as the startup pursues operational expansion and technology enhancement in a market characterized by significant fragmentation and underinvestment in digital infrastructure.
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