About PetCart
PetCart is a company based in Bengaluru (India) founded in 2015 by Nilendu Maiti and Shekhar Gaonkar.. PetCart has raised $190.96 thousand across 3 funding rounds from investors including Arun Thiagarajan, Srinivasan Vitoba and Rajesh Ramachandra N. PetCart operates in a competitive market with competitors including Heads Up For Tails, Supertails, JUSTDOGS, Wagr and PetSutra, among others.
- Headquarter Bengaluru, India
- Founders Nilendu Maiti, Shekhar Gaonkar
- Stage Minicorn
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Blends Pet Solutions Private Limited
- Date of Incorporation 04 Sep, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$127.02 K (USD)22.34as on Mar 31, 2023
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Net Profit
$6.81 K (USD)-18.07as on Mar 31, 2023
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EBITDA
$20.21 K (USD)-7.08as on Mar 31, 2023
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Total Equity Funding
$190.96 K (USD)
in 3 rounds
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Latest Funding Round
$34.81 K (USD), Angel Round
Jul 23, 2019
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Investors
& 9 more
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Employee Count
Employee Count
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Funding Insights of PetCart
PetCart has successfully raised a total of $190.96K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $34.81 thousand completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Angel Round — $34,807
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First Round
First Round
(15 Feb 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Angel Round - PetCart | Valuation | Arun Thiagarajan |
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| Feb, 2018 | Amount | Angel Round - PetCart | Valuation | Srinivasan Vitoba , Rajesh Ramachandra N |
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| Feb, 2017 | Amount | Angel Round - PetCart | Valuation | Rajendra Galagali , Vinay Gaonkar |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PetCart
PetCart has secured backing from 10 investors, including angel investors. Prominent investors backing the company include Arun Thiagarajan, Srinivasan Vitoba and Rajesh Ramachandra N. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AT
Arun Thiagarajan |
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Founded Year | Domain | Location |
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SV
Srinivasan Vitoba |
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Founded Year | Domain | Location |
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RR
Rajesh Ramachandra N |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PetCart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PetCart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Petcart Comparisons
Competitors of PetCart
PetCart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Heads Up For Tails, Supertails, JUSTDOGS, Wagr and PetSutra, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Pet products and accessories for dogs and cats are supplied.
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| domain | founded_year | HQ Location |
Multi-category pet products and pets are retailed online.
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| domain | founded_year | HQ Location |
Multi-category pet care products are retailed online.
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| domain | founded_year | HQ Location |
App based pet care platform supporting pet parents offering products and services
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| domain | founded_year | HQ Location |
Online retailer of pet supplies
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PetCart
When was PetCart founded?
PetCart was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is PetCart located?
PetCart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of PetCart?
Shekhar Gaonkar is the current CEO of PetCart. They have also founded this company.
Is PetCart a funded company?
PetCart is a funded company, having raised a total of $190.96K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $62.67K, raised on Feb 15, 2017.
What is the annual revenue of PetCart?
Annual revenue of PetCart is $127.02K as on Mar 31, 2023.
What does PetCart do?
PetCart is an online store where users can buy food, treats, grooming products, fashion, training products, etc. Offers Indian and international products for dogs, cats, birds, fishes and other small animals. Claims to deliver product withing 24 hours and offers free shipping for orders worth more than INR 500. As of May 2016, the company is operational only in Bangalore.
Who are the top competitors of PetCart?
PetCart's top competitors include Supertails, Heads Up For Tails and PetSutra.
Who are PetCart's investors?
PetCart has 10 investors. Key investors include Arun Thiagarajan, Srinivasan Vitoba, Rajesh Ramachandra N, Rajendra Galagali, and Arun Kumar.
What is PetCart's valuation?
The valuation of PetCart is $1.2M as of Jul 2019.
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