Thursday, June 18, 2026: Pet healthcare platform Vetic has raised $40 million in a new funding to strengthen its presence in India’s fast-growing pet care sector. The company foresees that India’s growing pet ownership base will evolve into a recurring healthcare market, similar to how organised healthcare networks emerged in human medicine.
The fresh capital will be directed toward expanding Vetic’s clinic footprint, increasing its veterinary workforce and enhancing services across physical, at-home and virtual care channels. The company also plans to broaden its insurance and wellness offerings while scaling its home-visit veterinary services nationwide over the coming months.
Founded in 2022 by Gaurav Ajmera, Vetic operates a full-stack pet healthcare network that offers consultations, diagnostics, surgeries, emergency care, pharmacy services and pet supplies through a unified platform. The Gurugram-based company currently runs more than 65 clinics across 11 cities, supported by 15 emergency care centres.
According to the company, its platform serves over 60,000 subscribed members and maintains comprehensive health records for pets, helping standardise treatment and improve continuity of care across locations.
Vetic has also been investing in digital tools to streamline customer support, assist veterinarians with diagnostics and deliver tailored healthcare recommendations to pet owners.
The company’s growth has been reflected in its financial performance. Operating revenue climbed to Rs 62.9 crore in FY25, up from Rs 25.5 crore a year earlier. However, aggressive expansion efforts weighed on profitability, with losses widening to Rs 65.6 crore during the fiscal year compared with Rs 40.2 crore in FY24.
Vetic Funding Highlights Pet Wellness Emergence as a High-Growth Investment Theme
The funding comes as India’s pet care industry continues to attract investor attention, driven by rising pet ownership and growing consumer spending on animal healthcare and wellness. Several companies in the segment have secured funding in recent years as organised pet care services gain momentum across the country.
Vetic’s latest funding round does validate the long-term opportunity in India’s pet healthcare market. Investors are backing a full-stack model that combines clinics, diagnostics, emergency care, home visits and digital health records, positioning the company to benefit from rising pet ownership and increasing spending on animal wellness. If executed well, Vetic could play a key role in formalising a fragmented industry and build a category-defining healthcare brand.
However, the numbers also highlight the risks. While revenue more than doubled in FY25, losses widened significantly as the company expanded its footprint. Building and operating physical clinics, hiring veterinarians and maintaining service quality across cities requires substantial capital. The challenge now is proving that growth can eventually translate into sustainable margins, making this funding round as much a test of operational efficiency as it is a bet on market potential.
The funding was led by round led by Bessemer Venture Partners, as the company. Existing backers Greenoaks Capital, Lachy Groom and JSW Family Office also participated in the investment, affirming continued confidence in the company’s growth strategy.
