Tech-enabled pet care startup Vetic said that it has raised $3.7 million in a seed funding round led by investor Lachy Groom. The round also saw participation by renowned angel investors, including Utsav Somani (partner, AngelList India), Nitin Saluja (founder Chaayos), Shiva Singh Sangwan (founder, 1947 Rise), Revant Bhate (CEO, Mosaic Wellness), and Manu Gupta (founder, Blue Lion VC).

A clutch of Oyo CXOs Ritesh Agarwal (CEO), Abhinav Sinha (COO), Abhishek Gupta (CFO), Maninder Gulati (CSO), and Anuj Tejpal (CBO) also invested in the tech-first startup. Launched in August 2022 by Gaurav Ajmera (ex-COO Oyo and ex-CBO Pristyn Care), Vetic aims to provide medical care for pets, and all other pet care needs, such as nutrition, wellness etc.

The startup will use the capital to bolster its technology, establish state-of-the-art medical infrastructure, and expand its network of clinics. Vetic has four clinics in Gurgaon and plans to scale this to 15 across Delhi-NCR and Bengaluru by June 2023.

“Pet adoption in India is increasing at a fast rate. However, pet health care remains the biggest challenge for pet parents. The current healthcare ecosystem is plagued with subpar clinical and medical infrastructure with minimal technology adoption. We aim to deliver this through our tech-enabled pet clinics,” said Ajmera. He added that the funding will allow the startup to invest in building consumer-facing technological platforms and cutting-edge medical facilities.

“Pet healthcare is going to experience the same disruption that personal healthcare has experienced over the last few decades. I believe Gaurav and the Vetic team will redefine the pet experience and build the leading pet healthcare brand in India,” said Lachy Groom.