Fundz

L Catterton Invests In Drools, India's Top Homegrown Pet Food Company

PRIVATEJun 20, 2023

Round Type

Funding Round

BengaluruFood And BeverageAnimal FeedPet

Investors

L Catterton

Description

L Catterton, a leading global consumer-focused investment firm, today announced that it has invested around $60 million in Drools Pet Food Private Limited ("Drools"), the top local pet food company in India. This builds on the firm's longstanding track record of growing pet food businesses across the world and marks its first foray into the sector in India.

Quick answer

Drools raised an undisclosed amount in a Funding Round round, dated June 20, 2023. Investors: L Catterton. Drools is based in Bengaluru, Karnataka, India.

How much did Drools raise?
Drools raised an undisclosed amount in a Funding Round round on June 20, 2023.
Who invested in Drools?
L Catterton is named as investors in this round.
What does Drools do?
Drools Pet Food Private Limited ("Drools") is India's leading homegrown pet food company with a portfolio of brands such as Drools®, its flagship brand, as well as Pure Pet, Meat Up, Canine Creek, and Kitty Yum.
Where is Drools based and how big is it?
Drools is based in Bengaluru, Karnataka, India.

Source: Fundz verified event record.

Who else raised in Food And Beverage and Animal Feed around the same time

Companies in the same sectors as Drools that raised within 45 days of this round, from Fundz verified event records.

  • Embrace raised $20M (Funding Round) on July 13, 2023.
  • Meatly raised $375K (Seed) on May 8, 2023.
  • PetPlate, Inc. raised $300K (Series B) on August 4, 2023.
  • Westrock Coffee raised $119M on August 3, 2023.
  • ansā raised $9M (Funding Round) on August 1, 2023.
  • Konscious Foods raised $26M (Seed) on August 1, 2023.

Who to call at Drools, and when

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Company Information

Company

Drools

Location

Bengaluru, Karnataka, India

About

Drools Pet Food Private Limited ("Drools") is India's leading homegrown pet food company with a portfolio of brands such as Drools®, its flagship brand, as well as Pure Pet, Meat Up, Canine Creek, and Kitty Yum. Established by founder Fahim Sultan in 2010 with a focus on pets' nutrition, health, and welfare, Drools was born to bridge a gap in the market and provide pets with a diet comprising clean ingredients with a wholesome and balanced nutritional profile. Its initial line of dry food for dogs and cats has now expanded to include wet food, treats, and supplements produced in line with international quality standards. Drools today is one of the fastest-growing pet food companies in South Asia and has also established an international footprint over the past decade, since shipping its first consignment of dry food to Sri Lanka in 2012 and then to Nepal that same year. At present, its products are exported to over 20 countries. For more information about Drools, please visit www.drools.com.

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