Bessemer Leads Funding Round as Startup Bets Big on AI and Nationwide Expansion
Pet healthcare startup Vetic has raised $40 million in a fresh funding round led by Bessemer Venture Partners, with participation from existing investors Greenoaks Capital, Lachy Groom, and JSW Family Office. Bessemer, one of the company’s earliest backers, also participated in previous funding rounds.
The investment comes amid growing momentum in India’s pet care industry, where rising pet ownership and increasing spending on healthcare, wellness, and insurance services are creating significant opportunities for organized players.
The fresh capital is expected to accelerate Vetic’s expansion plans as it strengthens its position as a full-stack pet healthcare platform.
Funds to Fuel Clinic Expansion and AI Development
According to the company, the newly raised capital will be used to expand its clinic network, scale its veterinary workforce, strengthen insurance and wellness offerings, and invest in technology and artificial intelligence capabilities.
Vetic also plans to launch its “Vet at Home” service nationally over the next two quarters, allowing pet owners to access veterinary consultations and healthcare services without visiting clinics.
The company believes a combination of physical clinics, digital services, and AI-powered healthcare tools will help improve accessibility and quality of pet healthcare across India.
The funding marks one of the largest investments in India’s rapidly growing pet healthcare sector.
Building an Integrated Pet Healthcare Ecosystem
Founded in 2022 by Gaurav Ajmera, Vetic operates a comprehensive pet healthcare platform that combines veterinary clinics, emergency care, diagnostics, surgeries, pharmacy services, pet supplies, insurance products, and at-home veterinary care.
The Gurugram-based startup currently operates more than 65 clinics across 11 cities, along with 15 emergency care facilities. It also serves over 60,000 subscribed members through its healthcare ecosystem.
A key differentiator for Vetic is its healthcare operating system, which maintains longitudinal health records for pets and standardizes treatment protocols across its network.
The platform has also integrated AI tools that assist with pet parent triaging, veterinary diagnostic support, and personalized healthcare recommendations.
Revenue Growth Reflects Rising Demand
Vetic has demonstrated strong business growth over the past year. According to its financial statements, operating revenue increased 2.5 times to ₹62.9 crore in FY25, compared with ₹25.5 crore in FY24.
However, aggressive expansion also pushed operating costs higher. The company’s losses increased 63% to ₹65.6 crore during FY25, compared to ₹40.2 crore in the previous fiscal year.
Despite higher losses, investors continue to show confidence in the sector’s long-term potential. Startups such as Heads Up For Tails, Supertails, Wiggles, and Dogsee Chew have also attracted significant funding as India’s pet care ecosystem evolves.
As pet ownership continues to rise across urban India, Vetic is positioning itself to become one of the country’s leading organized pet healthcare brands.