Gurugram-based pet healthcare network Vetic has secured $40 million (~₹334 crore) in a fresh funding round led by marquee investor Bessemer Venture Partners (BVP).

The transaction marks a massive valuation jump for the four-year-old startup, pinning its post-money valuation at $130 million to $140 million, up from $55 million in 2024. The capital injection also saw solid back-end support from existing investors, including Greenoaks Capital, tech investor Lachy Groom, and the JSW Family Office.

The Growth Blueprint: Expanding the Footprint

Founded in 2022 by Gaurav Ajmera, Vetic is attempting to fix India’s highly fragmented, unorganized veterinary ecosystem by wrapping clinics, diagnostics, and e-pharmacy into a single modern brand.

The startup plans to use the $40 million runway to scale its multi-channel infrastructure:

• Clinic Aggregation: The firm plans to add at least 25 new centers over the coming year, expanding its existing network of 65+ clinics and 15 round-the-clock emergency facilities across tier-1 hubs like Delhi-NCR, Bengaluru, Mumbai, Pune, and Hyderabad.
• National Home-Care Rollout: Capital is being channeled to scale its “Vet at Home” services nationally over the next two quarters.
• The 60-Minute Quick Commerce Loop: Vetic is doubling down on its hyper-local delivery engine. Its physical clinics function as micro-fulfillment centers, enabling the platform to deliver over 300 medicines and 600+ pet products within 60 minutes across 1,200 pincodes.

Behind the Ledger: Rapid Scale vs. Widening Losses

The funding lands at a fascinating financial junction for the startup. While consumer adoption is scaling at a breakneck pace, the sheer capital cost of setting up premium brick-and-mortar veterinary infrastructure has weighed on near-term margins.

The AI Integration Play

A significant chunk of the fresh capital is explicitly earmarked for Vetic’s underlying tech stack, which currently maintains longitudinal health records for over 60,000 subscribed members.

The company is scaling internal AI models to handle initial automated triaging for worried pet parents, provide data-driven diagnostic intelligence to its network of over 250 veterinarians, and push personalized life-stage wellness and insurance recommendations directly through the Vetic app.

As the post-pandemic pet adoption surge matures into long-term demand for high-tier medical care, Vetic’s $40 million raise signals that institutional investors are heavily betting on consolidated, clinical platforms to dominate India’s evolving ₹7,000+ crore pet care economy.