Key Takeaways
- • Vetic, an India-based pet healthcare platform, secured $40 million in Series C funding led by Bessemer Venture Partners, with participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office.
- • The capital will fund expansion of Vetic's clinic network, veterinary workforce, nationwide rollout of Vet at Home services within two quarters, pet insurance and wellness products, and AI-driven technology capabilities.
- • Bessemer Partner Vishal Gupta characterized Vetic as the operator willing to consolidate a historically fragmented, physician-led pet care market with demonstrated unit economics and clinical standards at scale.
- • Founder and CEO Gaurav Ajmera positioned the company's mission around delivering "human-grade" integrated pet healthcare, connecting consultations, clinics, medicines, diagnostics, insurance, recovery, and wellness services into a unified platform.
- • The funding reflects institutional confidence in India's emerging pet healthcare sector and the opportunity to professionalize veterinary care delivery in a market historically characterized by fragmentation and inconsistent quality standards.
Summary
Vetic, a pet healthcare platform based in India, has completed a $40 million funding round led by prominent venture capital firm Bessemer Venture Partners. The round included continued participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office, signaling sustained institutional confidence in the company's business model and market opportunity.
The capital will be deployed across five strategic priorities. First, Vetic plans to expand its physical clinic network across India. Second, the company intends to scale its veterinary workforce to support this expansion. Third, Vetic will roll out its Vet at Home service nationwide over the next two quarters, extending care delivery beyond physical locations. Fourth, the company will strengthen its pet insurance and wellness product offerings. Fifth, Vetic will accelerate investment in technology infrastructure and artificial intelligence capabilities to enhance service delivery and operational efficiency.
Bessemer's involvement underscores a deliberate strategy to consolidate India's fragmented pet healthcare market. Vishal Gupta, Partner at BVP, stated that "every great consumer category in India needs one operator willing to do the unglamorous work of building high quality supply which scales with consistency," characterizing Vetic as that operator. Gupta emphasized that the company has successfully transformed what was historically a "fragmented, doctor-led trade into a genuine consumer healthcare platform, with the unit economics and clinical standards to prove it."
Founder and CEO Gaurav Ajmera framed Vetic's mission around the emotional and practical significance of pet ownership in Indian households. Ajmera described pets as essential sources of companionship, emotional support, and family connection, arguing that pet owners deserve access to care systems matching human healthcare standards. His vision centers on building an integrated platform where consultations, clinics, medicines, diagnostics, insurance, recovery, and wellness services operate as a cohesive ecosystem rather than fragmented services, enabling pet owners to deliver comprehensive, coordinated care.
The funding round reflects broader institutional recognition of India's pet healthcare sector as an underserved market poised for professionalization and consolidation. By combining clinic infrastructure, home-based services, insurance products, and AI-driven technology, Vetic is positioning itself to address both the supply-side fragmentation and quality gaps that have historically characterized Indian veterinary care.
The capital will be deployed across five strategic priorities. First, Vetic plans to expand its physical clinic network across India. Second, the company intends to scale its veterinary workforce to support this expansion. Third, Vetic will roll out its Vet at Home service nationwide over the next two quarters, extending care delivery beyond physical locations. Fourth, the company will strengthen its pet insurance and wellness product offerings. Fifth, Vetic will accelerate investment in technology infrastructure and artificial intelligence capabilities to enhance service delivery and operational efficiency.
Bessemer's involvement underscores a deliberate strategy to consolidate India's fragmented pet healthcare market. Vishal Gupta, Partner at BVP, stated that "every great consumer category in India needs one operator willing to do the unglamorous work of building high quality supply which scales with consistency," characterizing Vetic as that operator. Gupta emphasized that the company has successfully transformed what was historically a "fragmented, doctor-led trade into a genuine consumer healthcare platform, with the unit economics and clinical standards to prove it."
Founder and CEO Gaurav Ajmera framed Vetic's mission around the emotional and practical significance of pet ownership in Indian households. Ajmera described pets as essential sources of companionship, emotional support, and family connection, arguing that pet owners deserve access to care systems matching human healthcare standards. His vision centers on building an integrated platform where consultations, clinics, medicines, diagnostics, insurance, recovery, and wellness services operate as a cohesive ecosystem rather than fragmented services, enabling pet owners to deliver comprehensive, coordinated care.
The funding round reflects broader institutional recognition of India's pet healthcare sector as an underserved market poised for professionalization and consolidation. By combining clinic infrastructure, home-based services, insurance products, and AI-driven technology, Vetic is positioning itself to address both the supply-side fragmentation and quality gaps that have historically characterized Indian veterinary care.
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