Coimbatore-based pet food company, TABPS Pets Private Limited has raised its Rs 6.5 crores in its seed round. The round saw significant interest from investors, including cricketers Hemang Badhani and K.S Bharath.
The company plans to devote the funding to enhance production capabilities, expand distribution networks, and invest in research and development to bring new and innovative products to pet owners, the company said in a release.
Expressing his excitement about the successful fundraise, Brindha Prabhu, founder and CEO of TABPS Pets, stated, "This funding will play a pivotal role in propelling our mission to provide pet owners with high-quality, Ayurveda-powered products for their beloved companions."
Investors Hemang Badhani and K.S Bharath also shared their enthusiasm for being part of TABPS Pets' journey. "We believe in the company's vision and dedication to pet well-being. TABPS Pets has showcased remarkable growth, and we are excited to be a part of their continued success," said Hemang Badhani.
"TABPS Pets has established itself as a prominent player in the pet food industry, focusing on the manufacturing of pet treats and grooming products infused with the goodness of Ayurveda. The company's commitment to quality and innovation has garnered attention, reflected in its successful fundraising," it added in a release.