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HomeNewsSploot raises $800K in second round of seed funding, set to expand...

Sploot raises $800K in second round of seed funding, set to expand pet-care services

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Delhi-based pet-parenting mobile app, sploot, recently achieved a major milestone by successfully securing $800,000 in its second round of seed funding. This significant accomplishment was made possible through a collaborative effort with Redstart Labs, a subsidiary of Info Edge, and generous contributions from angel investors.

With this new influx of funding, sploot is poised to broaden its range of services, encompassing options such as dog walking, grooming, and premium ready-to-serve dog food. Furthermore, the company is strategically preparing for territorial expansion to reach an even broader demographic of pet parents. sploot, widely regarded as a reliable companion for pet owners, streamlines various facets of pet care and tackles prevalent challenges through its supportive community and comprehensive service offerings.

With an impressive record of over 100,000 downloads combined from both the Play Store and App Store, sploot has provided in excess of 80,000 meals and organized over 100,000 dog walks exclusively in the Delhi-NCR region. The platform’s community-driven ethos has garnered substantial attention, amassing a dedicated following of over 82,000 Instagram followers.

Garima Kaushal, Co-Founder and CEO of sploot, shared her thoughts on the company’s mission, saying, “The idea for sploot came from seeing generations of pet parents learn by making the same mistakes. Sploot was our effort to help pet parents be better by learning collectively from each other and the experts. We believe that education about pet parenting is the first step towards influencing purchase decisions.”

Info Edge’s collaboration with sploot traces its origins to the initial seed funding round, where the company made a $500,000 investment in 2022.

Vibhore Sharma, a partner at Info Edge, commented on the pet care industry’s potential in India, stating, “Various studies value India’s pet care market at over $500 million, and it is likely to grow multifold at 20% annually. This growth will increase the demand for pet care products, services, and experts. sploot is on its way to being the platform for pet parents to get everything they need in one place.”

Sploot has garnered substantial support from a roster of prominent supporters, including Akshay Chaturvedi, the Founder and CEO of LeverageEdu and Fly; Yatish Talvadia, a serial entrepreneur and Angel Investor; Sanjay Singh, formerly associated with PayTM; Mukul, an angel investor and former member of Adobe; Aryan Mhaiskar, an Angel investor, and various others participating through GripInvest.

Akshay Chaturvedi, CEO of Leverage Edu, praised the app’s role in nurturing the pet parenting industry in India, saying, “India’s youth is now single-handedly giving rise to the pet parenting industry, and this is, in turn, giving rise to the demand for more things than just quality pet food, grooming, accessories, and other vet services. I am happy to see sploot enabling this generation of hustlers with the ease of pet parenting at just a click.”

Founded by Garima Kaushal (IIM A, XIC, SRCC) and Arnav Sahni (SRCC), sploot was born out of the founders’ deep love for pets and their unwavering dedication to promoting responsible pet ownership. This mobile app has forged a nurturing community, aiding users in navigating their pet parenting voyage while providing the convenience of a one-stop-shop for all things pet-related. Additionally, sploot has been a participant in Blume Ventures’ Lead Tribe and Google’s Appscale Academy programs, both of which empower early-stage entrepreneurs and cultivate the development of innovative tech startups.

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