Pet Food Boosts Company's Shares
Natural pet treat brand Dogsee Chew raises Rs 69 crore in Series B round
Natural pet treat brand Dogsee Chew has raised USD 8 million (about Rs 69 crore) in a Series B funding round led by Ektha. With this investment, the company's total funding now stands at USD 22 million. Dogsee intends to scale its manufacturing capabilities with the new capital by expanding its current factories and setting up a new production facility, according to a company statement. Founded in 2015, the brand is currently available in over 30 countries. Company promoters, Shivanssh Holdings, and the Poddar Family office also participated in the fundraiser. "To make our products more accessible, we also plan to open distribution hubs in key international markets, allowing our retail partners to seamlessly access Dogsee Chews with shorter lead times," said Bhupendra Khanal, Co-founder & CEO of Dogsee.
 "Natural pet treat brand Dogsee Chew raises Rs 69 crore in Series B round")
Pet food start-up Drools raises $60 mn in funding from L Catterton
Infusion amounts to 10% of firm's valuation; Drools currently has 38% market share in Indian pet food market and exports to 22 countries
 "Pet food start-up Drools raises $60 mn in funding from L Catterton")
Fussy pets are boosting Thai stocks
Growing sales of premium pet food have contributed to 204% jump in company's shares this year
 "Fussy pets are boosting Thai stocks")
