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Exclusive: Heads Up For Tails to raise $25 Mn in Series B led by Apparel Group

EntrackrEntrackr · 2m ago
Exclusive: Heads Up For Tails to raise $25 Mn in Series B led by Apparel Group
Medial

Exclusive: Heads Up For Tails to raise $25 Mn in Series B led by Apparel Group Premium pet care startup Heads Up For Tails is in the final stages of raising $25 million in its Series B round, two people aware of the development told Entrackr. “The round is being led by Apparel Group India (AGI), the Indian arm of Dubai-based retail major Apparel Group, with participation from Malinea Pte Care Limited,” said one of the sources requesting anonymity. “The terms of the transaction have been finalised, and the money is set to flow in over the next few weeks,” said the source quoted above. “The firm has reached an annual revenue run rate (ARR) of Rs 400 crore.” Heads Up For Tails’ CEO Samarth Narang declined to comment on the story. According to sources, the company is planning an expansion into Dubai, which would mark its third major presence in the Asian region after India and Singapore. Heads Up For Tails is a premium D2C pet care brand offering food, treats, accessories, and grooming products. It sells through its own website, online marketplaces and a growing offline network, listing over 13,000 products from 250 plus brands, with a presence across 18 plus cities through 115 stores and 95 pet spas. According to data from startup intelligence platform TheKredible, the Gurugram-headquartered company has raised around $40 million prior to this round, including a $37 million Series A led by Peak XV Partners (formerly Sequoia Capital India) and Verlinvest in 2021. The latest round comes amid renewed investor interest in India’s pet care sector, spanning food, services, and healthcare. Gurugram-based pet healthcare platform Vetic is in process to raise $26 million in a Series C led by Bessemer Venture Partners, while Bengaluru-based Supertails is in talks to raise $15-20 million. On the nutrition side, Drools entered the unicorn club after global FMCG major Nestlé acquired a minority stake.

Exclusive: Easebuzz in talks to raise around $30 Mn at over $250 Mn valuation

EntrackrEntrackr · 2m ago
Exclusive: Easebuzz in talks to raise around $30 Mn at over $250 Mn valuation
Medial

Exclusive: Easebuzz in talks to raise around $30 Mn at over $250 Mn valuation Full-stack payments solutions provider Easebuzz is in advanced discussions to raise $30 million in a new funding round, according to two people familiar with the matter. The discussions come just months after the company wrapped up its $30 million Series A round in April. As per sources, the round is expected to see participation from both new and existing investors, including Bessemer Venture Partners. “The valuation being discussed is close to $250 million post-money,” said one of the sources, requesting anonymity as the talks are private. A second source confirmed the funding size and added that the company has held conversations with multiple global funds over the past quarter. The potential fundraise follows several recent regulatory and business developments for the Pune-based company. Last month, the Reserve Bank of India allowed Easebuzz to offer online, offline and cross-border payment solutions, expanding its product offerings. The company has also posted strong financial growth and saw a 2.3X increase in operating revenue in FY25, with profit after tax at Rs 19 crore. During the last funding led by Bessemer, Easebuzz said it was exploring an IPO in the next 2–3 years. The upcoming fundraise is likely to accelerate these plans, sources indicated. Launched in 2016, Easebuzz serves more than 2.5 lakh merchants and processes over 3 million transactions each day. Its annualized Gross Transaction Value (GTV) is more than $50 billion. “With regulatory clarity and product expansion, Easebuzz wants to scale rapidly across SMBs and mid-market enterprises,” said the second source. “The company sees opportunity in sector-specific payments and reconciliation stacks where traditional gateways have gaps.” Responding to Entrackr’s queries, a company spokesperson Easebuzz does not comment on speculative information. Queries sent to Bessemer last week remained unanswered. Easebuzz has raised $34 million to date. As per TheKredible, 8i Ventures is the largest external shareholder with 10.88% stake followed by Varanium Capital and Bessemer Venture Partners with 8.48% and 8.47%, respectively. If the deal goes through, this will be one of the largest growth-stage raises in India’s payments infrastructure segment in recent months. It competes with Razorpay, Cashfree, PayU, Pine Labs, CC Avenue, among others.

Petcare startup Supertails raises $30 Mn led by Venturi Partners

EntrackrEntrackr · 17d ago
Petcare startup Supertails raises $30 Mn led by Venturi Partners
Medial

Petcare startup Supertails raises $30 Mn led by Venturi Partners Petcare startup Supertails has raised $30 million in a funding round led by Venturi Partners. The round also saw participation from Nippon India Alternative Investments, Titan Capital, Winners Fund, and existing investors including Fireside Ventures, RPSG Capital Ventures, Sauce VC, and Saama Capital. The proceeds will be used to expand its clinic network, scale at-home services, strengthen fulfillment infrastructure, and enhance personalization across its platform as it grows across urban India. According to Entrackr’s estimates, Supertails is valued at around $130 million on a post-money basis. Founded in 2021 by Varun Sadana, Aman Tekriwal, and Vineet Khanna, Supertails caters to the evolving needs of pet parents through its customized offerings. The Supertails app offers a wide range of pet food, treats, accessories, and other essentials, positioning the company as a full-stack digital platform for pet care and parenting solutions. Supertails has also rolled out at-home veterinary services covering consultations, vaccinations, and preventive care. In addition, the startup operates quick delivery services in Bengaluru, offering more than 30,000 pet care products, including pharmacy items, and plans to expand rapid delivery to its top cities. Beyond services, Supertails has expanded into categories such as fresh pet meals and essentials, and has onboarded over 500 brands on its platform. The company has built a nationwide network of more than 100 veterinarians, including specialists and tele-vets. To date, the company has raised around $51 million, including its $15 million Series B round. Prior to that, Supertails raised $10 million in its Series A round and $2.6 million in seed funding. Supertails’ revenue increased to Rs 108.26 crore in FY25 from Rs 64.63 crore in FY24. The company reported a loss of Rs 52.47 crore in FY25, compared to a loss of Rs 41.13 crore in FY24.

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